All across the world, Iran is known to be a country sitting atop rich oil and gas reserves. Since more than a century ago when oil was discovered, Iran has turned into one of the major players in the industry. That caused Iran myriads problems, but Iran has since been an influential state in the oil market.
Sunday30 December 20182:59
International experts had forecast Iran's oil exports to drop to nil when the US was preparing to re-impose tough sanctions against Iran's oil sector. But Iran's oil exports were not cut to zero and even Iran continues to sell oil.
Sunday30 December 20182:49
The director of research and technology for the Exploration Department of the National Iranian Oil Company (NIOC) said the company was planning to initiate explorations for shale oil reserves by the end of the current calendar year to March 20.
Wednesday26 December 20182:08
The executive deputy of Ilam Petrochemical Plant said the facility’s hydrogen unit was successfully designed and installed by local experts.
Wednesday26 December 20181:43
An official with the National Petrochemical Company (NPC) said there would be no feedstock shortage in the winter for petrochemical consumers.
Tuesday25 December 20181:40
The National Iranian Drilling Company (NIDC) successfully spudded 105 oil and gas wells over the course of the first 9 months of the current calendar year, which began on March 21.
Monday24 December 20181:36
Iranian experts at the National Iranian South Oil Company (NISOC) managed to acquire the technical savvy for production of extra-heavy drilling mud for the first time in the country.
Monday24 December 20181:29
The first sulfur recovery unit (SRU) of the onshore refinery of South Pars Phase 13 has become operational.
Monday24 December 20181:20
Iran is to launch four new condensate storage plants which had added 2 million barrels of the item’s storage capacity.
Sunday23 December 201823:02
Iran has so far generated a total of 250 billion dollars by recovering hydrocarbons from the supergiant South Pars gas field in Persian Gulf waters since the field’s development began, an official said.
Sunday23 December 201822:52
The operator of South Pars Phase 13 development project announced inauguration of the last gas sweetening train of the project’s onshore refinery.
Saturday22 December 201822:46
The CEO of the Petroleum Engineering and Development Company (PEDEC) said production of crude oil from the joint South Azadegan Oilfield would reach 150,000 b/d once 35 newly-drilled wells come online by February 2019.
Saturday22 December 201822:39
The CEO of the Petroleum Engineering and Development Company (PEDEC) said the company’s plans to boost crude oil production from South Azadegan was on the go despite all the restrictions.
Wednesday19 December 201820:52
A senior official with the National Iranian Oil Company (NIOC) said the company would entrust exploration projects for oil and gas fields to domestic exploration and production (E&P) companies.
Monday17 December 201820:05
The CEO of National Petrochemical Company (NPC) underlined the significance of producing strategic petrochemical products in order to reduce imports dramatically.
Monday17 December 201819:54
Head of the Engineering Unit of Ilam Petrochemical Plant said his company had developed the technical savvy for production of 120 key items used in petrochemical operations.
Saturday15 December 201819:39
Iran’s gas recovery for the supergiant South Pars gas field is projected to increase by 56 mcm/d by the end of the current calendar year to March 20 2019, which will bring the country’s total gas production capacity from the field to 630 mcm/d.
Saturday15 December 201819:27
Managing Director of the Pars Special Economic Energy Zone (PSEEZ) Seyyed Pirouz Mousavi said the company is enjoying very special status in Iran.
Monday10 December 201818:53
Iran has launched the third gas sweetening train of the onshore refinery of South Pars phases 22-24.
Sunday09 December 201818:41
An official with the National Petrochemical Company (NPC) said Kaveh Petrochemical Complex was about to be commissioned, adding the project would become operational within the next two months.
Saturday08 December 201819:39