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»Home »Current News


Oil, Gas and Petrochemical Current News

Iran in serious talks with oil companies: Oil Official  
Sunday, July 05, 2015
... Mehdi Hosseini, the head of an expert team at the Ministry of Petroleum charged with drafting Iran’s new oil contracts, has told the local media that “intensive negotiations” are currently underway with European and Asian corporations ...
Iran crude oil price in June 2015  (S)
Sunday, July 05, 2015   (IranOilGas.com)
According to Dept. of International Affairs at NIOC, Iran sold its light and heavy crude oil to various markets in June 2015 based on the prices listed in following table ...
Iran Fajr-e-Jam Gas Refinery LPG output up  (S)
Sunday, July 05, 2015   (IranOilGas.com)
In the first quarter this (Iranian) year (started March 2015), Fajr-e-Jam Gas Refining Co. produced 11, 811 tons of liquefied petroleum gas (LPG) ...
Iran NITC eyes western waters  
Saturday, July 04, 2015
Iran’s biggest oil shipping company has amassed the world’s largest fleet of super tankers and is in talks to sail back into western waters should the Islamic Republic strike a nuclear deal ...
Iran eyes $100 bn of investments in oil industry  
Saturday, July 04, 2015
Iran is finalizing details of new and more lucrative contracts for multinational energy companies as it hopes to secure $100bn of fresh investment in its oil and gas sector once international sanctions are lifted ...
Iran 2nd SP gas refinery output at over 20 bcm last year  
Saturday, July 04, 2015   (IranOilGas.com)
... South Pars 2nd gas refinery managing director, talked of the production rate of the refinery in the past (Iranian) year (ended 20th March 2015) ...
Glencore visits Iran for oil talks  
Saturday, July 04, 2015
Senior executives from Glencore have met Iranian officials in Tehran ahead of a possible deal on its nuclear program ...
Iran nuclear deal would boost oilfield services  
Saturday, July 04, 2015
Schlumberger, Halliburton, Weatherford, Cameron and National Oilwell would gain if sanctions were lifted ...
India takes 23% less Iranian oil in H1  
Saturday, July 04, 2015
India's oil imports from Iran fell by about 23 per cent over January-June as refiners curtailed shipments in the early months of the year to keep volumes within the limits allowed under an interim nuclear deal in place since the end of 2013 ...
Asia oil refining margins hit 2015 low (Analysis)  
Saturday, July 04, 2015
Rallying oil refining margins have ground to a halt in Asia. Currently at a 2015 low, they could drop another 20-30 per cent this quarter, led by declining profits in diesel as supply from the Middle East adds to a global glut ...
3D seismic of Iran Bibi Hakimeh ends  (S)
Wednesday, July 01, 2015   (IranOilGas.com)
... deputy for Geological Dept. of Directorate of Technical Affairs at National Iranian South Oil Co. (NISOC), revealed that the 3D seismic operations of Bibi Hakimeh ...
Iran South Pars phases 22-24 over 77% progress  (S)
Wednesday, July 01, 2015   (IranOilGas.com)
... South Pars gas field phases 22-24 project manager at Pars Oil & Gas Co. (POGC), talked of 77.2% progress this project has so far made ..
SP phase I gas production boosting project ends  (S)
Wednesday, July 01, 2015   (IranOilGas.com)
... follow-up manager of Petropars projects, talked about the implementation of the project to enhance gas production capacity of phase I of South Pars gas field ...
Persian Gulf News In Brief  
Wednesday, July 01, 2015   (IranOilGas.com)
Iran purchased 17 LPG carriers in past 2 years  (S)
Tuesday, June 30, 2015   (IranOilGas.com)
Mohammad Souri, the advisor to the oil minister in strategic affairs, talked of purchasing 17 liquid petroleum gas (LPG) carriers in the past two years ...
Drilling of 6 wells completed in South Yaran oilfield  (S)
Tuesday, June 30, 2015   (IranOilGas.com)
Ali Reza Laiji, deputy managing director of National Iranian Drilling Co. (NIDC) in drilling projects, revealed that drilling of 6th development well in South Yaran oilfield was completed ...
Iraq News In Brief  
Tuesday, June 30, 2015   (IranOilGas.com)
Iran sings statute of ‘Asian Infrastructure Investment Bank’  
Tuesday, June 30, 2015
Iran, as a founding member of the Asian Infrastructure Investment Bank (AIIB), participated in the signing ceremony of the new international financial institution ...
Iran likely to delay launching new oil contracts  
Monday, June 29, 2015
Iran is likely to delay the launch of its new oil-and-gas contracts by three months until December, Mehdi Hosseini adviser to Iranian Oil Minister said ...
Tender out for Salman-Sirri gas pipeline FEED  (S)
Monday, June 29, 2015   (IranOilGas.com)
Iranian Offshore Oil Co. (IOOC) intends to assign the basic engineering and FEED studies and preparation of tender documents for the project to install ...
Two new rigs join SP phase 13 drilling fleet  (S)
Monday, June 29, 2015   (IranOilGas.com)
Upon relocation of two new offshore drilling rigs to South Pars phase 13 gas field, the drilling operations at this phase will be speeded up ...
Major investments in Iran may take years to be realized (Analysis)  
Sunday, June 28, 2015
... According to US officials, sanctions on the oil and banking industries cost Iran more than $120bn since 2012, causing the economy to shrink by 9% in the two years ended March 2014 ...
Private sector to take up operatorship of WEP  (S)
Sunday, June 28, 2015   (IranOilGas.com)
... a board member of National Petrochemical Co. (NPC), denied the privatization of ownership of West Ethylene Pipeline (WEP), and said: “This issue has been actually the privatization of operatorship of this pipeline ...
Iran gas exports to Iraq delayed due to security concerns  
Sunday, June 28, 2015
Iran's plans to export natural gas to Iraq have been pushed back indefinitely; an Iranian official was quoted as saying on Saturday ...
Iran News In Brief  
Sunday, June 28, 2015   (IranOilGas.com)
NIOC green light for new exploratory drilling at Caspian Sea  (S)
Saturday, June 27, 2015   (IranOilGas.com)
At the joint meeting held between Roknod’din Javadi, managing director of National Iranian oil Co. (NIOC), and Khazar Exploration and Production Co. (KEPCO) ...
Iran Abadan gasoline output to reach 15 Mln lpd  (S)
Saturday, June 27, 2015   (IranOilGas.com)
Upon commissioning the alkylation units and acid plants of Abadan Oil Refinery, the gasoline production of this refinery will rise to 15 Mln lpd within the next month ...
Iran News In Brief  (S)
Saturday, June 27, 2015   (IranOilGas.com)
Persian Gulf News In Brief  
Saturday, June 27, 2015   (IranOilGas.com)
Iran SP oil layer platform at final commissioning stage  (S)
Wednesday, June 24, 2015   (IranOilGas.com)
... managing director of Iran Saff Offshore Industries Co., referred to the installation of the platform of the South Pars oil layer on 12th of May 2015 on its designated site ...

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