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Iran's Oil, Gas & Petrochemical Current News

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No buyer for Iran’s 7th crude oil offered at IRENEX No buyer for Iran’s 7th crude oil offered at IRENEX
18 March, 2019
The 7th one Mln bbls of Iranian light crude oil cargo of National Iranian Oil Co. (NIOC) was offered at base price of $61.73 per bbl on Monday, 18th of Mar. 2019, at ‘Energy Exchange ...
Iran petchem output and export rates in 11 months Iran petchem output and export rates in 11 months
18 March, 2019
The production rate of Iran’s petrochemical complexes in the first 11 months of the current (Iranian) year (started late march 2018) reached a total of 49 Mln tons, while their export rate exceeded ...
Iran oil production: A 20-Year Outlook (Report) Iran oil production: A 20-Year Outlook (Report)
18 March, 2019
Since 1913, about 72 Bln bbls of crude oil have been produced from 98 oilfields in Iran. Iran oilfields’ annual decline rate has been estimated to be 6%, considering the overhauls ...
Zanganeh: Iran-Oman gas pipeline tender stuck Zanganeh: Iran-Oman gas pipeline tender stuck
18 March, 2019
Iran oil minister Bijan Namdar Zangeneh talked about the latest state of the project to export Iran gas to Oman, and said: “Oman should assist and accompany us ...
Zangeneh: Iran-China talks over SP phase 11 still ongoing Zangeneh: Iran-China talks over SP phase 11 still ongoing
18 March, 2019
Iran oil minister Bijan Namdar Zangeneh talked about settling South Pars phase 11 development project, and said: “Talks with the Chinese are underway, and a high-ranking Chinese delegate is expected to visit Iran ...
Hazy fate for Iran ‘Siraf Refining Park’ project Hazy fate for Iran ‘Siraf Refining Park’ project
18 March, 2019
The construction of Iran’s Siraf Gas Condensates Refining Park, including eight gas condensates refineries with a capacity of 60,000 bpd each ...
Iran South Pars phases 13 and 22-24 gas refineries open Iran South Pars phases 13 and 22-24 gas refineries open
18 March, 2019
With an investment amount of $11 Bln and a production capacity of 112 mcm/d of gas, the refineries of South Pars phases 13 and 22-24 were officially opened on Sunday ...
Petchems & condensate compose over 50% of Iran non-oil exports Petchems & condensate compose over 50% of Iran non-oil exports
18 March, 2019
The figures released by Islamic Republic of Iran Customs Administration (IRICA) indicate that over the past 11 months (21st March 2018- 19th Feb. 2019), Iran exported 106 Mln tons of non-oil goods ...
Iran IOOC MD talks about company’s performance Iran IOOC MD talks about company’s performance
17 March, 2019
Describing the achievements of Iranian Offshore Oil Co. (IOOC) in this (Iranian) year (ending 20th of March 2019), managing director of IOOC Hamid Bovard referred to the realization of 101% production plan of 6 operational zones run by this company ...
Latest with IOOC four EPC/EPD packages Latest with IOOC four EPC/EPD packages
17 March, 2019
... managing director of Iranian Offshore Oil Co. (IOOC) Hamid Bovard talked about the investment packages of IOOC to maintain and increase the crude oil production rate of the company on EPC/EPD basis and explained ...
Latest with Iran Kharg NGL project Latest with Iran Kharg NGL project
17 March, 2019
At a press conference held yesterday, 16th March 2019, managing director of Iranian Offshore Oil Co. (IOOC) Hamid Bovard talked about the latest progress made on Kharg NGL project and explained ...
Date for 7th round of crude oil offering at IRENEX announced Date for 7th round of crude oil offering at IRENEX announced
17 March, 2019
National Iranian Oil Co. (NIOC) announced the 7th cargo of light crude oil is to be offered at the international market of Energy Exchange (IRENEX) on 18th of March 2019, reported the PR office of NIOC ...
Iran IOOC oil output to reach 570k bpd in 5 years Iran IOOC oil output to reach 570k bpd in 5 years
17 March, 2019
... director of technical affairs at Iranian Offshore Oil Co. (IOOC), referred to the IOOC’s 20-year outlook (March 2019-March 2039), and said: “Based on this plan, the production rate of IOOC should reach ...
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