oil
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281 Refining Parts Localized at Bandar Abbas Refinery
TEHRAN (Shana) -- The commercial deputy of Bandar Abbas Oil Refining Company said the facility has provided 281 types of refinery items by relying on domestic manufacturers over the course of the previous Iranian calendar year of 1398 which ended on March 19.
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NISOC Ready to Boost Synthetic Oil Supply to Refineries
TEHRAN (Shana) – The CEO of the National Iranian South Oil Company (NISOC) announced the company’s readiness to enhance its synthetic oil supply to Iranian refineries.
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NISOC Localizes Key Gas Turbines Parts
TEHRAN (Shana) – Experts at the National Iranian South Oil Company (NISOC) have successfully localized intricate parts used in gas turbines in line with support for local manufacturing and knowledge-based companies.
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99.99% Safety in Pipeline Transmission
TEHRAN (Shana) -- The Iranian Oil Pipelines and Telecommunication Company (IOPTC) transmits millions of liters a day of a variety of petroleum refined products via over 14,000 kilometers of underground pipeline and many pumping stations to feed refineries producing gasoline, gasoil and kerosene among other products before delivery to the storage facilities of National Iranian Oil Products Distribution Company (NIODPC).
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Zangeneh: Sanctions Didn’t Halt Our Projects
TEHRAN (Shana) -- Iran’s President Hassan Rouhani inaugurated the installation of the first jacket of Phase 11 of the massive South Pars gas field.
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Iran Bracing to Enhance Oil Recovery at Azar Oilfield
TEHRAN (Shana) -- The Central Processing Facility (CPF) of Azar Joint Field is now complete, marking a major step towards enhanced oil recovery at the field.
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NISOC Output Capacity Up
TEHRAN (Shana) -- Iran’s minister of petroleum, Bijan Zangeneh, recently said that despite the outbreak of the novel coronavirus, oil and gas production in Iran had not faced any disruption. Among Iranian oil production companies, National Iranian South Oil Company (NISOC) enjoys a special status because of its large contribution to Iran’s production.
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Iran Pahlavi I Petroleum Industry
Oil Revenue for Regime
TEHRAN (Shana) -- In the previous issue, we discussed how the Pahlavi I regime affected Iran’s petroleum industry developments that led to changes in the D’Arcy Concession. The agreement was struck in the final years of the Qajar in power. It was practically lost in the midst of Constitutionalism.
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Iran Says it sold Petrol to Venezuela at Current Price
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the country had sold petrol to Venezuela at current prices.
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Iran Eyes Oil Exports from Jask by March
TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh expressed optimism that Iran would start crude oil exports from Jask terminal by the end of the current Iranian calendar year which began on March 20.
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Iran-China 25-year comprehensive plan for co-op proves failure of efforts to isolate Iran: SPOX
TEHRAN (Shana) -- Government spokesman Ali Rabiei said on Tuesday that Iran and China have drafted a 25-year plan for economic cooperation which proves failure of the plots to isolate the Islamic Republic.
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Technical, Economic Data of 42 Firms Applying for Petro-Refinery Projects Registered: Official
TEHRAN (Shana) – The Deputy Iranian Petroleum Minister for Planning announced registration of the technical and economic data concerning 42 companies applying for construction of petro-refinery projects on the country's coasts by tapping public capital.
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OPEC and a Bug called "Sloppiness"
TEHRAN (Shana) – The Organization of the Petroleum Exporting Countries (OPEC) is preparing for its 60th anniversary celebrations in September, marking one of the most volatile times in recent years. Although OPEC Secretariat has not been very agile and orderly in recent months, at least over the years since I started observing the Organization’s moves, and it is exhibiting signs of severe sloppiness which has not been hidden in the eyes of most local and foreign observers.
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Industrial Landfill Site of Pars Special Zone Launched
TEHRAN (Shana) -- Pars Special Energy Economic Zone Organization's Solid Industrial Waste Disposal Unit with a capacity of 100,000 tons was put into operation.
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Iran Gas Sector Braces for Fast Development
TEHRAN (Shana) -- Iran’s gas industry development has over the past six years seen daily growing development with the focus having been on recovery from the giant South Pars gas field. Development of gas industry is racing ahead in both upstream and downstream sectors. Iran’s gas industry train has been overcoming all restrictions in order to reach the final destination, which is maximum recovery from joint fields and replacement of gas with petroleum products. The gas industry hopes to connect all cities, as well as all villages with more than 20 households to the national gas network. In addition to maximum recovery from joint gas fields, processing the already recovered gas would be also instrumental in order to avoid any halt in the development operations.
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“No Room Whatsoever” for Noncompliance over OPEC+ Production Cuts: Saudi Arabia
TEHRAN (Shana) -- Saudi Energy Minister Prince Abdulaziz bin Salman said during a virtual press conference on Monday: “We have no room whatsoever for lack of conformity,”.
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Sec. Gen. Opening Remarks at OPEC+ Technical Meeting
TEHRAN (Shana) -- Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the 7th Technical Meeting of OPEC and non-OPEC Countries under the DoC, 4 June 2020, via videoconference.
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Rouhani: Oil, Gas Projects under Way despite Sanctions
TEHRAN (Shana) – Iranian President Hassan Rouhani appreciated Iranian oil industry achievements, saying: "The United States cannot bring our nation to its knees because of the plans that we will implement in [the calendar year of] 1399, after two years and a few months of severe sanctions."
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Oil Market Black Monday
TEHRAN (Shana) -- The novel coronavirus drastically changed the consumption patterns of hydrocarbon products across the globe. Many regular consumers of oil products such as gasoline or jet fuel were no longer willing to buy them. Everyone ranging from big buyers to car owners have been affected. Oil products’ consumption has significantly declined and the refining industry has faced serious stagnation due to weakened demand. However, the impact on various sectors of the refining industry was not identical.
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Doroud, Arvand Oil Fields Up for Investment
TEHRAN (Shana) -- The Doroud oil field, which is located in Kharg Island and northwest of the Persian Gulf, is among developed oil fields which the Iranian Offshore Oil Company (IOOC) presented to foreign investors within the framework of the new model of oil contracts – the Iran Petroleum Contract (IPC).
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Iran Pahlavi I Petroleum Industry
Complex Oil Show
TEHRAN (Shana) -- The D’Arcy Concession was awarded in 1901 when the Qajar dynasty was drawing to a close. Iran’s petroleum industry was born during the Qajar period. When in 1907 D’Arcy discovered oil in Persia amid conflict for the conquest of Tehran, the Pahlavis were not yet known. However, ten years later, the British found Iran’s politics much different from before and they continued to devour Persian petroleum.
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IEF Secretary General Sends Letter of Condolences on Death of Veteran Iran OPEC Governor
TEHRAN (Shana) -- Sun Xiansheng, Secretary General of the International Energy Forum (IEF), sent a letter of condolences to Iranian Minister of Petroleum Bijan Zangeneh on the death of Hossein Kazempour Ardebili, Iran’s representative at the board of governors of the Organization of the Petroleum Exporting Countries (OPEC).
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Sec. Gen Sends Letter of Condolences to Zangeneh on Death of OPEC Governor
TEHRAN (Shana) -- Mohammad Sanusi Barkindo, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), sent an official letter of condolences to the Iranian Minister of Petroleum Bijan Zangeneh to express his sorrow for the death of Hossein Kazempour Ardebili, Iran’s OPEC governor.
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Iran Mourns Loss of OPEC Boss
TEHRAN (Shana) -- Following are some of the historical photos of Hossein Kazempour Ardebili, veteran Iranian energy diplomat who died on Saturday after nearly two weeks in a coma. May Lord bless his soul in Heaven.
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GECF Tweets Condolences on Kazempour Demise
TEHRAN (Shana) -- The Gas Exporting Countries Forum (GECF) expressed their sadness at the demise of veteran Iranian energy negotiator Hossein Kazempour Ardebili in a tweet on Saturday.
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Iran OPEC Boss Dies
TEHRAN (Shana) -- Iran's OPEC Governor Hossein Kazempour Ardebili died early Saturday after suffering a brain hemorrhage and spending nearly two weeks in a coma.
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Fate of Almost All Iran Joint Fields Determined
TEHRAN (Shana) -- The Director of Integrated Planning at the National Iranian Oil Company said the fate of all Iranian oil and gas joint fields had been determined except for one small field.
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IOOC Experts Repair Oil Pump at Forouzan Offshore Platform
TEHRAN (Shana) -- The turbine turbo-pump of Forouzan joint field was repaired by the specialists of the Iranian Offshore Oil Company (IOOC) in Khark operational district and was returned to Forouzan platform.
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ICOFC Drills 9 Wells Last Year
TEHRAN (Shana) – The Iranian Central Oilfields Company (ICOFC) successfully drilled 27,000 meters last calendar year which ended on March 19.