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»Home »Current News

Oil, Gas and Petrochemical Current News

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 ...
MAPNA put aside from Iran ‘Forouz B’  (S)
Tuesday, August 26, 2014   (
... MAPNA will not continue working on ‘Forouz B’ gas field and has no more responsibilities in this project ...
Iran to build super heavy oil refinery in South East Asia  (S)
Tuesday, August 26, 2014   (
... This refinery will be constructed to use the very heavy oil produced at Norouz and Soroush oilfields of Iran ...
Iran, Oman gas pipeline at tender stage for feasibility study  
Tuesday, August 26, 2014
Oman government is yet to appoint a consultant to conduct a feasibility study for building a 260-km-long pipeline that will carry Iranian gas to Oman ...
Iran gas output to reach 250 bcm by 2016  (S)
Monday, August 25, 2014   (
The annual gas production of the country by the end of ‘Iran’s Fifth Development Plan’ (2011-2016) will reach 250 bcm which will be transferred to consumption and exports destinations ...
Iran IOTC in talks to build new storage tanks  (S)
Monday, August 25, 2014   (
Iranian Oil Terminals Co. (IOTC) is in talks to award projects to construct new storage tanks of 5 Mln bbls in Neka port at Caspian Sea, a new terminal in Jusk port at Oman Sea with a capacity ...
Iran NISOC achievements in a year  (S)
Monday, August 25, 2014   (
... managing director of National Iranian South Oil Co. (NISOC), explained the achievements of the company in a period between August 2013 to August 2014 ...
Iran News In Brief  (S)
Monday, August 25, 2014   (
Iran Lorestan shale oil exploration project at 70% headway  (S)
Sunday, August 24, 2014   (
The project of the shale oil exploration at Loretsan Qali-Kouh has made over 70% progress and the volume of its oil-in-place is ...
Iran in talks with Turkmenistan on exports of goods / engineering services  
Sunday, August 24, 2014   (
... advisor to Iran oil minister Bijan Zanganeh, revealed that talks have been held between Iran and Turkmenistan to sign a contract for the exports of goods and engineering services ...
Iran ‘Forouz B’ future still in doubt  (S)
Saturday, August 23, 2014   (
Despite the fact that the decision over the future of $3.8 Bln worth project of ‘Forouz B’ gas field development project to transform its gas yield to electricity ...
Iran PGSCR construction made 75% headway  (S)
Saturday, August 23, 2014   (
... The project has made an overall physical headway of 75%; but, the remaining of the project will take a long time till it gets fully completed and the tests on the units which are ...
Iran crude oil to be on bourse at 95% of FOB in PG: Zanganeh  (S)
Saturday, August 23, 2014   (
The healthiest way for the private sector to be present in oil and gas sector of Iran is through ‘Energy Bourse’, and hereby we announce the safest and soundest means ...

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