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»Home »Current News


Oil, Gas and Petrochemical Current News

Talks on more oil co-ops between Iran, China  (S)
Sunday, February 05, 2012   (IranOilGas.com)
... Iran oil minister Rostam Qasemi pointed out that Iran has no worries for selling its crude oil and said: “Iran plans to cut off its oil exports to some European countries ...
Iran petchem industry not lucrative on lack of feed  (S)
Sunday, February 05, 2012   (IranOilGas.com)
... majority of Iran’s petrochemical plants of liquid feed (polymers), are being run at half capacity due to lack of feed. Running these plants below their nominal capacity has caused ...
Iran to offer 14 hydrocarbon blocks soon  (S)
Sunday, February 05, 2012   (IranOilGas.com)
... collecting study results of 14 Iran’s hydrocarbon blocks and added: “Once the final permissions are obtained ...
ICOFC allowed buying drilling rigs with no tender  (S)
Sunday, February 05, 2012   (IranOilGas.com)
... ), revealed that Iran oil minister has given the green light to purchase onshore drilling rigs without any tender ...
NIOC, CBI agreed to sell SP bonds with no limit  (S)
Sunday, February 05, 2012   (IranOilGas.com)
Ahmad Ghalebani, managing director of National Iranian Oil Co. (NIOC), talked of the agreement with Central Bank of Iran (CBI) to sell South Pars oil bonds ...
Iran gas export to Iraq to start next year: Qasemi  (S)
Sunday, February 05, 2012   (IranOilGas.com)
Iran oil minister Rostam Qasemi talked of the start of gas delivery to Iraq as of next Iranian year ...
News In Brief  
Sunday, February 05, 2012   (IranOilGas.com)
Iran gives ONGC March deadline to sign ‘Farzad B’ deal  
Saturday, February 04, 2012
Iran has given India's Oil & Natural Gas Corp. until early March to sign a deal to develop offshore gas resources in the Persian Gulf, two people familiar with the ...
Turkish firm tries not to be affected by sanctions on Iran  
Saturday, February 04, 2012
Gübretaş is taking measures in terms of both exports routes and operations to avoid being affected by the sanctions on Iran, says ...
Persian Gulf News & Tenders  
Saturday, February 04, 2012   (IranOilGas.com)
Iraq News In Brief  
Saturday, February 04, 2012   (IranOilGas.com)
Iran to accept 45% of oil export payment to India in rupees  
Saturday, February 04, 2012
Iran has agreed to accept 45% of the payment for its oil exports to India in rupees after recent negotiations with Indian officials during their visit to Tehran ...
Saudi Arabia, Kuwait may start Dorra gas work in June  
Saturday, February 04, 2012
Kuwait and Saudi Arabia are pushing ahead with plans to develop the undisputed part of the offshore Dorra gas field with the front-end engineering and design (FEED) work ...
News In Brief  
Saturday, February 04, 2012   (IranOilGas.com)
Iran refining capacity to hit 2.3 Mln bpd by 2016: NIORDC MD  (S)
Thursday, February 02, 2012   (IranOilGas.com)
... about 1.8 Mln bpd of oil and gas condensate is being treated at the refineries of the country at present, and said: “By the end of ‘Iran’s Fifth Five-Year Development Plan’ (2011-2016), this volume will come to over 2.3 Mln bpd.”
‘Iran LNG’ startup deferred on lack of budget  (S)
Thursday, February 02, 2012   (IranOilGas.com)
... Since 2008, the allocated budget and facilities for ‘Iran LNG’ plant have been not in accord with the actual parameters of this mega gas project ...
Iran: Japan’s 4th crude oil supplier in December 2011  (S)
Thursday, February 02, 2012   (IranOilGas.com)
Japan's overall imports of crude oil went down 5.4 percent year-on-year to ...
Iran’s crude price up in Jan.  (S)
Thursday, February 02, 2012   (IranOilGas.com)
Iran’s crude oil selling price went up in January 2012. In January, Iran sold its light crude oil at a mean price of ...
Wells of SP phases 9&10 commissioned by May ’12: MP  (S)
Thursday, February 02, 2012   (IranOilGas.com)
HamidReza Katouzian, head of Iran’s parliament energy commission, talked of final commissioning of South Pars phases ...
Iran’s BMI to use foreign deposit in oil upstream  (S)
Thursday, February 02, 2012   (IranOilGas.com)
Farshad Heydari- managing director of Bank Melli of Iran (BMI) - revealed that BMI and oil ministry have held talks on ...
Oil ministry asks for 23.5% of oil revenue in budget  (S)
Thursday, February 02, 2012   (IranOilGas.com)
Iran oil ministry asked for the allocation of 23.5% of oil revenues of the country in the next Iranian ...
Mahshar terminal renovation plan partially on stream  (S)
Thursday, February 02, 2012   (IranOilGas.com)
The project to renovate Mahshahr Export Terminal is presently being implemented in 3 sectors of oil products ...
News in brief  
Thursday, February 02, 2012   (IranOilGas.com)
SP oil layer: When will it get operational?  (S)
Wednesday, February 01, 2012   (IranOilGas.com)
... On the other hand, Pars Oil & Gas Co. (POGC) has been looking for alternative ways so as to transfer the crude oil produced at this field to Iran export terminals ...
Iran’s Parliament Energy Commission mulls EU oil ban  (S)
Wednesday, February 01, 2012   (IranOilGas.com)
... Upon the approval of double urgency of this plan at the open session of the parliament, more time shall be spent on the details and timings of the plan ...
Hendijan oil output to hit 33,000 bpd: IOOC Official  (S)
Wednesday, February 01, 2012   (IranOilGas.com)
Hendijan oilfield presently produces about 18,000 bpd of crude oil which is foreseen to rise to 33,000 bpd by fall ...
Volume of new batch of Iran’s oil public bonds up  (S)
Wednesday, February 01, 2012   (IranOilGas.com)
... referred to the attraction South Pars public bonds at a 20% interest rate might have for some investors and said ...
Sanctions against Iran hurt Sri Lanka: president  
Wednesday, February 01, 2012
US-led sanctions aimed at spurring Iran to abandon its nuclear program also hurt Sri Lanka, which imports all its oil ...
Tupras to continue buying Iranian oil  
Wednesday, February 01, 2012
Turkish oil refiner Tupras continues to buy oil from Iran, Turkish Energy Minister Taner Yildiz told reporters on ...
News In Brief (Persian Gulf)  
Wednesday, February 01, 2012   (IranOilGas.com)

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