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The governor of Khuzestan Province, southwestern Iran, inaugurated two petrochemical projects in Mahshahr Petrochemical Especial Economic Zone (PETZONE).
Wednesday06 February 201915:26
NIOC to Offer Condensate on IRENEX Export Floor
The National Iranian Oil Company (NIOC) is planning to start selling gas condensate at the export floor of the Iran Energy Exchange (IRENEX) by February 13.
Wednesday06 February 201915:22
Japan's JXTG Set for 1st Loading of Iranian Crude Oil After US Sanctions Waiver
Japan's largest refiner JXTG Nippon Oil & Energy is set to resume loading of Iranian crude oil as early as Monday (Feb 4), almost three months after the US sanctions waiver was granted, S&P Global website reported.
Monday04 February 201916:14
IOPTC Launches GIS Applications on Oil Pipelines
The National Iranian Oil Company (NIOC) announced the amount of recoverable reserves of the country's liquid hydrocarbons, saying Iran sits atop an estimated total of 160.12 billion barrels and its natural gas reserves stand at 33.33 trillion cubic meters.
Monday04 February 201915:18
Iran Sitting Atop 160 Billion Barrels of Recoverable Crude Oil: NIOC
The National Iranian Oil Company (NIOC) announced the amount of recoverable reserves of the country's liquid hydrocarbons, saying Iran sits atop an estimated total of 160.12 billion barrels and its natural gas reserves stand at 33.33 trillion cubic meters.
Monday04 February 201915:03
Pars Petchem Plant Ready to Start Exporting Items
The CEO of Pars Petrochemicals Company said the plant’s styrene monomer unit operated at 106 percent of its nameplate capacity, adding the facility was ready to start exporting the items.
Monday04 February 201913:56
South Pars Phase 13, 93.4% Complete
The caretaker of planning and control of South Pars Phase 13 said the project had so far gained 93.4 percent progress.
Monday04 February 201912:35
Iran to Link 3,000 Villages to Gas Network by March 2019
Plans are under way to ensure access of 3,000 more Iranian villages to the natural gas by the end of the current calendar year to March 20 2019, an official said.
Sunday03 February 201912:29
OPEC Output Drops Most in 2 Years
OPEC crude output fell the most in two years last month as the group implemented almost 80% of its new production cuts deal.
Saturday02 February 201914:54
PetroChina Drops Venezuela’s State Oil Company
PetroChina is looking to drop Venezuela’s state-owned oil firm PDVSA as an equity partner in a planned and long-delayed $10-billion oil refinery and petrochemical complex in southern China, Reuters reported on Thursday, quoting executives and an official with the Chinese company and its parent CNPC.
Saturday02 February 201914:18
India Seeking Extension of Iran Oil Waivers
India is in talks with the US to extend a waiver permitting it to continue importing Iranian oil after March, an Indian Oil Ministry official said.
Saturday02 February 201914:09
Hengam Petchem Plant 70% Complete
The construction project of Hengam Petrochemicals Plant has so far made 70 percent physical progress and is continuing as planned, the facility’s CEO said.
Monday28 January 201912:20
Major Petro-Refinery to be Built in Jask
Plans are under way to build a large petrochemicals and refining complex in Jask Island by Bakhtar Petrochemical Holding.
Monday28 January 201912:13
Iran, 3rd Largest Natural Gas Producer: BP
The latest statistical report by British Petroleum (BP) suggests that by the end of 2017, Iran was ranked third among the world's largest natural gas producers.
Saturday26 January 201917:38
16 Wells Drilled in South Azadegan
The National Iranian Drilling Company (NIDC) drilled 16 development wells in South Azadegan joint oilfield.
Wednesday23 January 201917:34
Lordegan Petchem Plant Nearly Complete
The CEO of Lordegan Petrochemicals Company said the plant's construction had progressed 94.27 percent and was expected to come online by fall.
Wednesday23 January 201917:31
Oil Discovered in Abadan Region: Iran
Iranian Minister of Petroleum Bijan Zangeneh said oil was discovered in the country's southwestern Abadan region for the first time.
Wednesday23 January 201917:28
Mansouri Oil Field Poised for Technological Change
Field-oriented agreements with universities are the turning point in cooperation between the petroleum industry and universities. That started in 2014 and currently nine operating oil fields are exposed to such cooperation for the purpose of enhanced recovery. Previously, universities were individually involved in industrial projects, but under this agreement, the universities are recognized as an element of research projects.
Tuesday22 January 201916:30
NIDC Drilling Rigs Operating Projects
An official with the National Iranian Drilling Company said 10 drilling rigs belonging to his company were being operated in new projects.
Tuesday22 January 201916:02
9 Contracts Signed with Local Firms for Maintaining, Enhancing Oil Production
The National Iranian Oil Company (NIOC) subsidiaries signed 9 contracts with local developers for maintaining and enhancing the production capacity of a number of Iranian oil and gas fields.
Monday21 January 201916:11
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