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»Home »Current News

Oil, Gas and Petrochemical Current News

Iran oil ministry calls bids for gas to electricity projects  (S)
Sunday, September 21, 2014   (
Based on this announcement, the investor will be in charge to take up the required investment and thus should be enough experienced in electricity generation and to be capable enough ...
Esfahan gasoline plant on stream in autumn  (S)
Sunday, September 21, 2014   (
... stated that the final stages of production and supply of catalysts for gasoline production complex of Esfahan Oil Refining Co. (EORC) are underway ...
Tender underway for Iran TBZ Refinery GHP plant  (S)
Sunday, September 21, 2014   (
Tabriz Oil (TBZ) Refining Co. is holding an engineering, procurement and construction (EPC) tender to construct a new Gasoil Hydro-treating Plant (GHP) ...
IOOC producing Oil & gas as planned: IOOC MD  (S)
Sunday, September 21, 2014   (
... managing director of Iranian Offshore Oil Co. (IOOC), said: “IOOC has fulfilled its commitments on oil and gas production despite the existing problems and ...
Iran Hormoz Petchem project revived  (S)
Saturday, September 20, 2014   (
A kick-off meeting on license & basic contract for construction of Hormoz Petrochemical (Urea and Ammonia 13) Complex was held in Shiraz on 10th of September 2014 ...
French Sofregaz fined for not fulfill commitments on Iran Yortsha  (S)
Saturday, September 20, 2014   (
... the court has fined French Sofregaz for breaking its contractual commitments with Iran regarding the implementation of natural gas underground storage project of Varamin Yortsha ...
Iraq News In Brief  
Saturday, September 20, 2014   (
Russian firms ready to build gas pipelines for Iran  (S)
Saturday, September 20, 2014   (
Head of investment committee of National Iranian Gas Co. (NIGC) Asghar Soheili Pour stated: “Russian companies have announced to be ready to construct and complete ...
Iran NIOC busy setting price for flared gas  (S)
Saturday, September 20, 2014   (
... director of investment at National Iranian Oil Co. (NIOC), stated that the price and conditions to allocate gas flares to the mini power plants applicants have not yet been finalized ...
Iran News In Brief  (S)
Saturday, September 20, 2014   (
Industries Qatar shelves Al Sejeel petrochemical project  
Saturday, September 20, 2014
Industries Qatar said it had put its multibillion dollar Al Sejeel petrochemical complex project on hold and was studying a new scheme instead that would yield better returns ...
EU court rescinds Iran central bank sanctions  
Saturday, September 20, 2014
A top European court has struck down restrictions imposed by the European Union against the Central Bank of Iran (CBI) on an alleged charge of ...
Azerbaijan ready to discuss trilateral oil swap supplies with Russia, Iran  
Saturday, September 20, 2014
Azerbaijan is ready to consider participation possibility in the organization of the Iranian oil supply for Russia via the model of trilateral swap agreements ...
Former Weatherford exec accused for export oil-field equipment to Iran  
Saturday, September 20, 2014
A former Houston-based Weatherford executive is due in federal court next week to face a charge that he sought to illegally export oil-field equipment to Iran ...
India ships in 50 pct more Iranian oil in Jan-Aug  
Saturday, September 20, 2014
... India, the Islamic state's top client after China, had boosted imports in the first quarter of this year to make up for the cuts in 2013 ...
Iran crude oil OSPs down in October  (S)
Wednesday, September 17, 2014   (
National Iranian Oil Co. (NIOC) decreased its official selling prices (OSP) of Iranian Light, Heavy and Forouzan Blend crude oil supply of October to all buyers either Asian or Western buyers ...
Credit for 3 Iranian IGAT to come from upstream sources  (S)
Wednesday, September 17, 2014   (
Under the ruling of the oil minister, Bijan Namdar Zangeneh, the fund for construction of IGAT VI, IX and XI will come from oil industry upstream sector ...
120 drilling rigs are active in Iran oil industry  (S)
Wednesday, September 17, 2014   (
... deputy managing director of National Iranian Drilling Co. (NIDC) said: “120 drilling rigs are currently operating in Iran’s oil and gas fields ...
Azerbaijani Minister of Economy and Industry visits Iran  
Wednesday, September 17, 2014
The delegation led by the co-chair of the Iran-Azerbaijan intergovernmental commission on economic cooperation, Azerbaijani Minister of Economy and Industry Shahin Mustafayev ...
OPEC's Badri sees oil prices rising again by year-end  
Wednesday, September 17, 2014
OPEC secretary general Abdalla el-Badri said Tuesday he expected world oil prices to stage a recovery from two-year lows by the end of this year ...
22nd Kazakhstan KIOGE will be held on 1-2 October  
Wednesday, September 17, 2014
22nd Kazakhstan International Oil and Gas Exhibition and Conference (KIOGE) will be a two days event in the region of Almaty, Kazakhstan ...
Persian Gulf News In Brief  
Wednesday, September 17, 2014   (
Iran IOOC ends study of 4 oil/gas fields  (S)
Tuesday, September 16, 2014   (
The study of gas layer of Balal oilfield as well as Resalat, Tosan and Doroud oilfields has ended with an aim to boost production from these fields ...
Iran plans to recover methane gas from coal mines  (S)
Tuesday, September 16, 2014   (
... Studying and appraisal of methane gas reserves in the existing coal layers of Iran huge coal mines is among these plans ...
Iran ICOFC seeks consultant for drilling operations  (S)
Tuesday, September 16, 2014   (
Iranian Central Oil Fields Co. (ICOFC) intends to hold a tender to employ qualified companies for counseling and supervision services over ...
Building Iranshahr-Zahedan gas pipeline gets started  (S)
Tuesday, September 16, 2014   (
... The contractor for Iranshahr-Zahedan gas pipeline has been already determined and the operations to construct this pipeline will soon start ...
Three Iranian firms on MENA top 10 petchem companies  (S)
Tuesday, September 16, 2014   (
In a report released by ICIS news website, top ten petrochemical companies in the MENA region have been introduced ...
Persian Gulf News In Brief  
Tuesday, September 16, 2014   (
Iran NISOC to drill 40 wells in Azadegan oilfield  (S)
Monday, September 15, 2014   (
... Drilling of 40 wells has been assigned to NISOC and two drilling rigs have been so far relocated and got operational in the region and the third one is supposed ...
Iran annual gas transfer volume to reach 400 bcm by 2025  (S)
Monday, September 15, 2014   (
Iran annual gas transfer volume, which is currently at 200 bcm (548 mcm/d), is supposed to rise to 400 bcm (1,100 mcm/d) by 2025 ...

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