Iran's Oil, Gas & Petrochemical News Headlines

Latest progress rate of Iran Dena Methanol
16 May, 2024
Managing Director of Dena Petrochemical Company talked about the latest status of methanol project of the company (Dena Methanol)....

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

Iran flare gas gathering volume to reach 40 mcm/d next year: Oil Ministry Official
16 May, 2024
Deputy Iranian Oil Minister in Planning Affairs, referred to the volume of over 25 mcm/d of flare gas gathered in past 3 years and stated....

Qatar eyes more long-term LNG supply deals this year: Al-Kaabi
16 May, 2024
Qatar expects to sign more long-term natural gas supply deals this year to meet growing international demand, Energy Minister Saad al-Kaabi said on Wednesday.

IEA trims 2024 oil demand growth forecast, widening gap with OPEC view
16 May, 2024
The International Energy Agency (IEA) trimmed its forecast for 2024 oil demand growth on Wednesday, further expanding the chasm between it and oil producer group OPEC ...

Agreement reached on transportation of Turkmen gas to Turkey
16 May, 2024
An agreement has been reached on the transportation of natural gas from Turkmenistan to Turkey through Azerbaijan and Georgia, Energy and Natural Resources Minister Alparslan Bayraktar said on Tuesday,

ICOFC issues tender for MC of Iran Tous gas field
15 May, 2024
Iranian Central Oil Fields Co. (ICOFC) has issued a tender for MC of the project to develop Tous gas field in Khorasan Razavi province.

Iran crude output as reported by OPEC (April-update)
15 May, 2024
According to secondary sources, total OPEC-12 crude oil production averaged 26.58 mb/d in April 2024, 48 tb/d lower, m-o-m. Crude oil output increased mainly in Congo and IR Iran,

Iran NDF, Mapna sign MoU to provide required fund for Shourijeh UGS
14 May, 2024
The project to develop phase 2 of Iran Shourijeh underground gas storage (UGS) was delayed for some time due to lack of fund...

Iraq unveils strategic plan to end gas import dependency by 2027
14 May, 2024
On Monday, the Parliamentary Oil and Gas Committee member, Alaa Al-Haidari, unveiled a strategic timeline to resolve Iraq's gas import dependency permanently.

Kuwait Petroleum renews oil supply deal with China's Unipec until 2033
14 May, 2024
Kuwait Petroleum Corp (KPC) has renewed its contract to supply 300,000 barrels per day of crude oil to China's Unipec, the trading arm of Asia's largest refiner Sinopec, until 2033,

QatarEnergy and ExxonMobil acquire two offshore blocks in Egypt
14 May, 2024
QatarEnergy, a state-owned energy company, and US oil and gas giant ExxonMobil have signed a framework agreement to acquire two offshore exploration sites off Egypt’s coast.

List of some MoUs signed at Iran 28th Oil Show (Part III)
13 May, 2024
On the sidelines of the 28th International Oil, Gas, Refining and Petrochemical Exhibition following memorandum of understandings (MoUs) and contracts ...

Contracts signed with 3 Iranian companies for drilling at phase II of Yadavaran oilfield
13 May, 2024
.... three contracts for the drilling of 24 wells, as the part of phase II of Iran Yadavaran oilfield development project....

Iran NISOC issues tender for 50 sets of wellhead facilities
13 May, 2024
National Iranian South Oil Co. (NISOC) has issued a tender for design, construction, installation and commissioning of 50 sets ...

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