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»Home »Current News

Oil, Gas and Petrochemical Current News

Iran West Karoun power plant project kicks off  (S)
Monday, September 01, 2014   (
With an aim to supply power for development projects of its oilfields in the West of Karoun including North and South Azadegan, North and South Yaran, Jufeyr ...
Why are petro-refining tickers at Iran TSE yet down?  (S)
Monday, September 01, 2014   (
The reasons the ticker symbols for Esfahan Petrochemical Co. (EPC), Tabriz (TBZ) Oil Refining Co., Bandar Abbas Oil Refining Co. (BAORCO), Isfahan Oil Refining Co. (EORC) and Pardis Petrochemical Co ...
Book on Iran “Oil & Gas Laws” comes out  (S)
Monday, September 01, 2014   (
... managing director of Petroleum Engineering & Development Co. (PEDEC) in legal and contractual affairs has recently published a book titled “Oil & Gas Laws” in Persian ...
Iran Bank Sepah to invest in shared oilfields  (S)
Monday, September 01, 2014   (
... managing director of Bank Sepah, talks on the latest activities of this bank as well as its future plans to invest in various sectors of the industry ...
Kogas starts crude production in Iraq's Badra  
Monday, September 01, 2014
Korea Gas Corp (Kogas) has started commercial crude production in Iraq's Badra oilfield as planned, the state-run South Korean company said in a statement on Monday ...
Iran News In Brief  
Monday, September 01, 2014   (
Iran WOGPC 10- year outlook: production of 440 k bpd of oil  (S)
Sunday, August 31, 2014   (
... managing director of West Oil & Gas Production Co. (WOGPC) a subsidiary of Iranian Central Oil Fields Co. (ICOFC), announced the current production capacity of the company to be ...
Iran fuel exports and bunkering activities in a year  (S)
Sunday, August 31, 2014   (
... According to the news agency of Iran oil ministry, based on the figures released by NIORDC, the volume of Iran fuel bunkering in the same period came to ...
Iran PCC exports 928 k tons of petchem in 5 months  (S)
Sunday, August 31, 2014   (
Iran Petrochemical Commercial Co. (PCC) has announced to have exported a total of 928,000 tons of petrochemical products ...
Iran consumed over 33 Bln liters of oil products in 5 months  (S)
Sunday, August 31, 2014   (
The total consumption of five oil products in Iran reached over 33 Bln liters (about 1.34 Mln bpd) in the first 155 days of current (Iranian) year ...
Tehran will host ‘6th Int’l CNG Convention’ this week  
Sunday, August 31, 2014   (
The ‘6th International Automobile, CNG and Alternative Fuel Convention’ will be held at Tehran Olympic Hotel Conference Hall this week ...
NPC eager to get 20% of ‘PGP Holding’  (S)
Sunday, August 31, 2014   (
“We have submitted our request to own 20% of the shares of the ‘Persian Gulf Petrochemical (PGP) Holding’ to the Iranian Privatization Org. (IPO).”...
Iran seeks stronger position in Caspian Sea  
Saturday, August 30, 2014
...Iran signed an agreement last week with Azerbaijan to explore for oil in the Caspian Sea in an effort to strengthen its position ahead of a September summit ...
Iran MAPNA ready to take part in developing shared fields  (S)
Saturday, August 30, 2014   (
“MAPNA is ready to collaborate with the Iranian oil ministry in development projects of shared oil and gas fields.”...
Iran Sirri NGL lack of feed to be secured  (S)
Saturday, August 30, 2014   (
... Over the past six years, the gas for Kish and Qeshm power plant was supplied through associated gases gathered from the fields surrounding Sirri Island and in the same period ...
MP objects Shiraz Condensates Refinery progress  (S)
Saturday, August 30, 2014   (
...Shiraz representative at the parliament has objected to the slow progress the construction of Shiraz Gas Condensate Refinery (Pars) makes and said...
Iran News In Brief  (S)
Saturday, August 30, 2014   (
Asian buyers take 29.4 pct more Iran oil in July  
Saturday, August 30, 2014
Iran's major Asian customers shipped in 29.4 percent more crude in July from a year earlier, with China, Tehran's biggest client ...
NPC: Iran petrochemical sales still restricted by sanctions  
Saturday, August 30, 2014
Iran’s petrochemical exports are still hampered by western sanctions even as an embargo on sales of the products are suspended during negotiations with global powers ...
India's Essar takes 55.3 pct more Iran oil in Jan-July  
Saturday, August 30, 2014
India's Essar Oil imported 89 percent more Iranian oil in July compared with the previous month and shipments from Tehran jumped about ...
U.S. slaps more sanctions on Iranian banks, firms  
Saturday, August 30, 2014
The United States on Friday penalized a number of Iranian and other foreign companies, banks and airlines for violating sanctions against Tehran...
Persian Gulf News In Brief  
Saturday, August 30, 2014   (
Iraq News In Brief  
Saturday, August 30, 2014   (
Call for geo-chemical tests in Iran exploration regions  (S)
Wednesday, August 27, 2014   (
The Directorate of Exploration Dept. at National Iranian Oil Co. (NIOC) has invited companies to take part in a prequel tender to select a contractor ...
Iran TSE recedes due to lack of cash  (S)
Wednesday, August 27, 2014   (
... managing director of Tehran Stock Exchange (TSE), talked of the present status of Iran Capital Market, and explained: “Under current circumstances, Bourse has faced a recession ...
Iran petrochemical plans priorities  (S)
Wednesday, August 27, 2014   (
... deputy for National Petrochemical Co. (NPC), explained recently prioritized petrochemical projects and referred to West Ethylene Pipeline (WEP) and its en-route plants as the top priority ...
Persian Gulf News In Brief  
Wednesday, August 27, 2014   (
Turkmenistan to build GTL plant  
Wednesday, August 27, 2014
Turkmenistan signed a $1.7 billion deal with a Turkish-Japanese consortium on Tuesday to build a gas-to-liquids (GTL) plant ...
Iran News In Brief  (S)
Wednesday, August 27, 2014   (
Iran delays London oil-contract debut to Feb. 2015  
Tuesday, August 26, 2014
Iran is delaying by three months a conference to offer international companies rights to develop oil deposits there, allowing the London event to fall after negotiations on ...

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