The CEO of Khazar Exploration and Production Company (KEPCO) said talks between Iran and Azerbaijan were continuing and a joint committee had been formed by the two neighbors.
Wednesday20 February 201913:54
Tombak Export-Service Terminal is expected to fully come online by the end of the next Iranian calendar year to March 2020.
Wednesday20 February 201913:35
Japanese refiners are seeking clarity on whether there will be an extension to the 180-day sanctions waiver from Washington in March, as they hope to continue buying Iranian oil without any disruption, Petroleum Association of Japan's president Takashi Tsukioka said.
Tuesday19 February 201913:46
Ethane production capacity in Asaluyeh in the southern Bushehr Province will rise by 2 million tons per annum upon the inauguration of four new phases of the South Pars Gas Field in Persian Gulf in March.
Tuesday19 February 201913:39
Iran is now a gasoline exporter but the country is not exporting any volumes for the moment, preferring to build up its stocks first, Minister of Petroleum Bijan Zangeneh says.
Tuesday19 February 201913:29
Iran’s President Hassan Rouhani has inaugurated third phase of the gas condensate plant, known as the Persian Gulf Star Refinery in the southern city of Bandar Abbas.
Tuesday19 February 201912:08
Iran’s petrol production capacity stands at 76 million liters per day and its gasoil output is 44 ml/d on average, which makes the country the largest producer of the items in the region.
Monday18 February 201910:05
T he three most closely watched oil market forecasters are all bracing for a significant upsurge in non-OPEC supply growth in 2019 but differ on the extent that global oil supply will outweigh demand.
Sunday17 February 201914:40
The Ammonia Unit of Masjed Soleyman Petrochemical Plant will come on-stream by March 2020, to become fully operational by 2021.
Sunday17 February 201913:28
The three most closely watched oil market forecasters are all bracing for a significant upsurge in non-OPEC supply growth in 2019 but differ on the extent that global oil supply will outweigh demand.
Sunday17 February 20199:57
The second offshore platform of South Pars Phase 22-24 Project was successfully installed.
Sunday17 February 20199:54
South Korea resumed imports of Iranian oil in January after a four-month hiatus, customs data showed on Friday, but shipments were down 76% from the same month last year.
Saturday16 February 201913:42
Iranian Minister of Petroleum Bijan Zangeneh is scheduled to accompany Parliament Speaker Ali Larijani in his visit to Beijing later this week to negotiate completion of Phase 11 Project of South Pars with CNPCI.
Saturday16 February 201913:24
Two major South Korean oil companies are to resume buying Iran gas condensates in February, South Korean media reported.
Monday11 February 201916:06
US analytical data bank 'S&P Global Platts' said that Asian countries such as China, Japan, South Korea and India in the first quarter in 2019 are to buy and import over one million of crude oil from the Islamic Republic of Iran.
Monday11 February 201916:01
The National Iranian Oil Products Refining and Distribution Company (NIORDC) is planning to launch an integrated system for distribution management of petroleum products.
Monday11 February 201915:42
Oil exporters have not fully recovered from the dramatic oil price shock of 2014, the head of the International Monetary Fund said on Saturday, and she cautioned against spending money on "white elephant projects."
Monday11 February 201915:37
Gasoline production rose seven-folded over the past four decades after triumph of the Islamic Revolution of Iran in 1979.
Sunday10 February 201917:28
Minister of Petroleum Bijan Zangeneh says volume of Iran's oil reserves has risen 2.5-fold following triumph of Islamic Revolution of Iran in 1979.
Sunday10 February 201917:22
Iran’s average production of gasoline has amounted to some 105 million litters a day since the beginning of Iranian calendar month of Bahman (Jan 21), according to a report on Monday by the official website of the Ministry of Petroleum.
Sunday10 February 201916:22