Iran's Oil, Gas & Petrochemical Daily News

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Reservoir studies at Iran ‘East Kappeh Dagh’ started Reservoir studies at Iran ‘East Kappeh Dagh’ started
21 July, 2019
... deputy for exploration at exploration Directorate of Exploration at National Iranian Oil Co. (NIOC), announced: “With the collaboration of a JV of an Iranian company and a European company ...
NIOC to offer Iranian light at IRENEX on Tuesday NIOC to offer Iranian light at IRENEX on Tuesday
21 July, 2019
National Iranian Oil Co. (NIOC) has released an announcement that Iranian light crude oil shall be offered at the Iran Energy Exchange (IRENEX) international market, at the base price of ...
Iran Kharg Petchem to have 200% capital increase Iran Kharg Petchem to have 200% capital increase
21 July, 2019
Iran’s Securities and Exchange Org. (SEO) agreed with a %200 capital increase of Kharg Petrochemical Co. (KPC) through its accumulated capital gains ...
Iran petrochemical output capacity to rise by 28 Mln tons: NPC Official Iran petrochemical output capacity to rise by 28 Mln tons: NPC Official
21 July, 2019
... By March 2021 and upon commissioning 18 petrochemical projects, the nominal production capacity of Iran petrochemical plants will rise by 28 Mln tons and reach 94 Mln tons ...
Iran oil/gas value chain outlook needs a review (Analysis) Iran oil/gas value chain outlook needs a review (Analysis)
20 July, 2019
The decreasing demands of fuel products (gasoil, gasoline, kerosene and fuel oil) in recent years and its foreseen steep decline in the coming years (an average annual growth rate of 1%) on one hand ...
Iran Karoon Petchem ‘CO’ unit project underway: Company Official Iran Karoon Petchem ‘CO’ unit project underway: Company Official
20 July, 2019
... investment projects manager at Iran Karoon Petrochemical Complex (KRNPC), talked about the start of the project to construct ‘CO’ production unit at this complex with an aim to fully supply ...
Iran Sa’adatabad EPC/EPD project kicks off Iran Sa’adatabad EPC/EPD project kicks off
20 July, 2019
The executive operation of engineering, procurement and construction (EPC) and engineering, procurement and drilling (EPD) project to boost production of Sa’adatabad oilfield, worth Rials ...
Iran elected as head of OPEC Fund’s ministerial council Iran elected as head of OPEC Fund’s ministerial council
20 July, 2019
Iran’s Finance and Economic Affairs Minister Farhad Dejpasand was elected the chairman of the OPEC Fund for International Development (OFID) ministerial council ...
Iran denies seizing second British ship Iran denies seizing second British ship
20 July, 2019
Britain said Iran seized two oil tankers in the Persian Gulf on Friday and told Tehran to return the vessels or face consequences in the latest confrontation to ratchet up tension along a vital international oil shipping route ...
Iran August crude oil OSPs down for all destinations Iran August crude oil OSPs down for all destinations
17 July, 2019
National Iranian Oil Co. (NIOC) has decreased its official selling prices (OSP) of Iranian light, heavy and Forouzan Blend crude oil for all destinations for August 2019 ...
Iran SP phases 20&21 gas refinery produce at full capacity Iran SP phases 20&21 gas refinery produce at full capacity
17 July, 2019
... director of operation of South Pars 8th Refinery, stated that it is about three years since the first row of gas refinery of South Pars phases 20 &21 has been started to produce ...
Oil plunges as Iran conflict cools Oil plunges as Iran conflict cools
17 July, 2019
Oil prices sank on Tuesday after President Trump and U.S. Secretary of State Mike Pompeo struck a softer tone on Iran. The market acted swiftly, selling off crude oil ...
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