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»Home »Current News

Oil, Gas and Petrochemical Current News

About 150 drilling rigs busy drilling in Iran  (S)
Wednesday, March 04, 2015   (
... He also referred to the 140-150 onshore and offshore drilling rigs (116 onshore and the remaining offshore) active in Iran and clarified: “The drilling industry contributes to close to ...
Iran’s crude output as reported by OPEC (Jan-update)  (S)
Wednesday, March 04, 2015   (
Total OPEC crude oil production in January averaged 30.15 mb/d, showing a decrease of 53 tb/d over the previous month. Crude oil output decreased ...
Persian Gulf News In Brief  
Wednesday, March 04, 2015   (
Iraq News In Brief  
Wednesday, March 04, 2015   (
Iran Bid Boland-I Gas Refinery treats 7.5 bcm of gas  (S)
Tuesday, March 03, 2015   (
... managing director of Bid Boland-I Gas Refining Co., announced: “This company treated 7. 599 bcm (22.6 mcm/d) of gas in the first eleven months of current (Iranian) year ...
Iran News In Brief  (S)
Tuesday, March 03, 2015   (
Exports of electricity generated via flared gas not economical  (S)
Tuesday, March 03, 2015   (
... The MoE believes this electricity is not sustainable and stable, thus, the transfer costs for its export would exceed and thus its export is not economical ...
Khuzestan Refinery feasibility should be revised: NIORDC  (S)
Tuesday, March 03, 2015   (
National Iranian Oil Refining and Distribution Co. (NIORDC) has requested the feasibility studies of Khuzestan Heavy Crude Oil Refinery to be revised ...
Oil price drops on Iran, Libya  
Tuesday, March 03, 2015
Brent futures fell 5 percent, its most in a month, on Monday as speculation of a nuclear deal that could lift Iran's sanctions and boost its oil exports brought worries ...
India's Feb Iran oil imports fall to lowest since July 2013  
Tuesday, March 03, 2015
India slashed its Iranian oil imports in February to a 1-1/2-year low to keep annual volumes from Tehran near the previous fiscal year's levels and within the limits allowed ...
Iran to build Styrene Petchem Park with help of Italian firm  (S)
Monday, March 02, 2015   (
... the construction of Jam petrochemical Styrene Park at Pars Special Economic Energy Zone (PSEEZ) in Assalouyeh has been started, and both sides reached ...
Iran Hegmataneh Petchem to get commissioned in spring ’15  (S)
Monday, March 02, 2015   (
... In a meeting held with the investor and National petrochemical Co. (NPC) and Hegmataneh Petrochemical Complex it has been decided to get on stream next spring ...
Iran ‘Energy Bourse’ finalizing fuel oil ‘parallel forward bonds’  (S)
Monday, March 02, 2015   (
... managing director of ‘Energy Bourse’ Ali Hosseini revealed that the admission board has agreed with the generalities of admission of fuel oil ‘parallel forward bonds’ on ‘Energy Bourse’ ...
Iran News In Brief  (S)
Monday, March 02, 2015   (
Petropars eying to develop ‘Farzad A’ gas field  (S)
Sunday, March 01, 2015   (
... Upon reaching an agreement with this investor and approval of the oil ministry, the development of the 2nd phase of this field will be placed on agenda ...
Iran WEP likely to go private  (S)
Sunday, March 01, 2015   (
... deputy managing director of National Petrochemical Co. (NPC), said: “A special workgroup has been formed out of representatives of members of NPC General Assembly ...
Iran Hengam Gas Refinery at 70% headway  (S)
Sunday, March 01, 2015   (
Once the precision equipment and high gas pressure compressors are provided for ‘Hengam Gas Refinery’ project, the project will be commissioned next (Iranian) year (starting 21st of March 2015) ...
Crude prices set to rise in second half'  
Sunday, March 01, 2015
Oil prices have probably touched bottom and should recover in the second half of 2015 as the collapse in the market over the last year begins to curb production ...
Iranian oil exports to Japan up in Jan  
Sunday, March 01, 2015
The Japanese oil imports from Iran in January 2015 reached 175,326 barrels per day (bpd), showing a 34 percent increase compared to the month before ...
Iran Kaveh Methanol made over 70% progress  (S)
Saturday, February 28, 2015   (
... stated that the construction of Kaveh Methanol Petrochemical Plant has already made over 70% headway and added: This petrochemical plant has an annual ...
No ruling for Iran ‘Bahman Geno’ relocation by oil ministry  (S)
Saturday, February 28, 2015   (
“Iran Oil Ministry has issued no ruling for relocation of Hormoz (Bahman Geno) Heavy Oil Refinery, and the news to transfer this refinery from Bandar Abbas to Jask ...
Iran private sector allowed imports of oil products  (S)
Saturday, February 28, 2015   (
During the review of the ‘Budget Bill’ for the next (Iranian) year (starting 21st of March 2015) at the parliament, it has been approved in its section on expenses that ...
Iran Parsian Gas Refinery processed 22.9 bcm of gas  (S)
Saturday, February 28, 2015   (
In the past eleven months of current (Iranian) year (ending 21st of March 2015), Parsian Gas Refining Co. (PGRC) processed and transferred 22.958 bcm ...
Rials 15 K Bln allocated to Iran hydrocarbon transfer network  (S)
Saturday, February 28, 2015   (
In the ‘Budget Bill’ for the next (Iranian) year (starting 21st of March 2015), Iran MPs decided Rials 15,000 Bln to be allocated to expand oil and gas transfer network ...
Iran unveils 1st indigenized gas sweetening ‘ParsiSol’  (S)
Saturday, February 28, 2015   (
The first Iranian gas sweetening related technology, referred to as ‘ParsiSol’, has been unveiled at Research Institute of Petroleum Industry (RIPI) ...
Online registration of Iran ‘20th Int’l Oil Show’ starts today  
Saturday, February 28, 2015   (
As the organizer of ‘Iran’s 20th International Oil, Gas, Refining and Petrochemical Exhibition’, the PR office of National Iranian Oil Co. (NIOC) ...
Iran oil products use hits 73 Bln liters  (S)
Saturday, February 28, 2015   (
Since the start of current (Iranian) year (21st March 2014) till 19th of February 2015, a volume of 73, 299, 600,000 liters of various types of oil products including gasoline ...
Persian Gulf News In Brief  
Saturday, February 28, 2015   (
Kurdistan negotiating gas and oil deals with Iran  
Saturday, February 28, 2015
In order to meet its domestic demand, the Kurdish government is negotiating to buy Iranian gas and have Kurdish oil refined across the border ...
China’s Iran crude oil imports down in January  
Saturday, February 28, 2015
China’s crude imports from Iran fell 17 percent in January from a year ago.The imports last month from Iran were 1.99 million tons, or 469,000 barrels per day (bpd), also down 22 percent from December ...

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