Iran's Oil, Gas & Petrochemical News Headlines

Latest progress rates of petchem projects of Iran OIPF (Mar. 2024)
16 April, 2024
Iran’s Oil Industries Pension Fund (OIPF), has recently released a report on the progress rates of petrochemical projects of the Fund.

Iran’s NDF participates in Yaran oilfield development project
16 April, 2024
At the request of Iran’s Persia Oil & Gas Industry Development Co. (POGIDC), National Development Fund (NDF) invested.....

NDF conference on Iran’s 7th Plan to be held in May 2024
16 April, 2024
The fourth international conference of the Iran’s National Development Fund (NDF), under the title "The Role of NDF in Implementation of Iran’s Seventh Plan",...

Iran ICOFC issues tender for flare gas sale
16 April, 2024
Iranian Central Oil Fields Co. (ICOFC) has issued a tender for the sale of Sarkan and Male Kouh oilfields flare gas to the private sector,

Middle East woes put Chinese independent refiners' appetite for Iranian crude in spotlight
16 April, 2024
The sharp escalation of tensions between Israel and Iran raises questions as to whether the flow of Iranian crude oil to China's independent refiners can continue

US House votes to sanction China’s purchase of Iranian oil
16 April, 2024
The US House of Representatives overwhelmingly passed legislation Monday aimed at countering China’s purchase of Iranian crude oil as part of a package...

Oil prices rise as Israel weighs response to Iran attack
16 April, 2024
Oil prices rose on Tuesday amid heightened tensions in the Middle East after Israel's military chief said his country would respond to Iran's weekend missile....

Pre-qual tender out for rig & well services of Iran Yadavarn-II project
15 April, 2024
Iranian Petro Sina Arya Company, a subsidiary of Khatam HQ, has issued a pre-qual tender for following drilling services...

Lack of naphtha caused decrease on Iran propylene/polypropylene production
15 April, 2024
The lack of gasoline in the country have challenged Iranian petrochemical sector. Naphtha, which was previously used to produce propylene...

Latest status of Iran TORC gasoline project
15 April, 2024
About the gasoline production project (CCR) of the company, he stated: “Last year, due to disagreements in the board of directors,...

Oil prices fall after Iran attack as market draws down risk premium
15 April, 2024
Oil prices fell on Monday as market participants dialed back risk premiums following Iran's weekend attack on Israel that the Israeli government said caused limited damage.

Oil seen opening up after Iran's attack on Israel, but further gains may depend on response: Reuters
14 April, 2024
Oil prices are expected to rise on Monday after Iran's attack on Israel over the weekend, analysts said on Sunday, but further gains may depend on how Israel and the West choose to retaliate.

IEA trims oil demand forecast for 2024
13 April, 2024
The International Energy Agency (IEA) trimmed its forecast for 2024 oil demand growth on Friday,

Iran crude output as reported by OPEC (March-update)
12 April, 2024
According to secondary sources, total OPEC-12 crude oil production averaged 26.60 mb/d in March 2024,

OPEC sees robust summer oil demand, economic upside potential
12 April, 2024
OPEC predicted robust fuel use in the summer months on Thursday and stuck to its forecast for relatively strong growth in global oil demand in 2024,

Iran's Oil, Gas & Petrochemical Daily News

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