Iran's Oil, Gas & Petrochemical Daily News

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Zangeneh: Three more Iranian petchem projects to be opened in coming weeks Zangeneh: Three more Iranian petchem projects to be opened in coming weeks
17 April, 2021
Iranian Oil Minister Bijan Zangeneh said the country’s petrochemical production capacity increased by 21.5 Mln tons/year last Iranian year (ended 20th March 2021)...
Iraq in talks with US companies to find buyers for Exxon's stake in West Qurna-1 Iraq in talks with US companies to find buyers for Exxon's stake in West Qurna-1
17 April, 2021
Iraq is in talks with US energy companies to find potential buyers for ExxonMobil's 32.7% stake in West Qurna 1,...
Iran FM: National interests only elements to determine time and duration of talks Iran FM: National interests only elements to determine time and duration of talks
16 April, 2021
Iranian Foreign Minister Mohammad Javad Zarif said Iran categorically disapproves of "negotiations for the sake of negotiations" and stressed that Iran's national interests are the only factors determining time and duration of talks.
Why oil traders should keep an eye on Iran even as nuclear talks look unproductive Why oil traders should keep an eye on Iran even as nuclear talks look unproductive
16 April, 2021
The U.S. and other world powers haven’t made much progress in reaching a new nuclear deal with Iran, but with data showing the nation’s crude oil production at a nearly two year high, traders can’t afford to ignore the amount Iran can potentially add to global supplies.
Iran boosts oil exports amid nuclear talks Iran boosts oil exports amid nuclear talks
16 April, 2021
Iran’s sanctioned oil production has risen to its highest level in almost two years thanks to growing Chinese imports—a development that could lessen the West’s leverage in talks over reviving a nuclear deal with Tehran.
Overhaul schedule of Iran SPGC refineries this year Overhaul schedule of Iran SPGC refineries this year
14 April, 2021
The annual overhaul operations of gas refineries of South Pars Gas Complex (SPGC) will start on 15th April 2021 and will last until late October ...
Iran crude output as reported by OPEC (March-update) Iran crude output as reported by OPEC (March-update)
14 April, 2021
According to secondary sources, total OPEC-13 crude oil production averaged 25.04 mb/d in March 2021, up by 0.20 mb/d m-o-m ...
Deputy FM: Iran to start 60% uranium enrichment Deputy FM: Iran to start 60% uranium enrichment
14 April, 2021
Iranian Deputy Foreign Minister for Political Affairs Abbas Araghchi on Tuesday announced that the country is mulling to begin 60 percent enrichment ...
Iran’s top ten exports items last year as reported by IRICA (Report) Iran’s top ten exports items last year as reported by IRICA (Report)
13 April, 2021
According to the figures released by Islamic Republic of Iran Customs Administration (IRICA),...
To support Iranian startups; IOIV inked four contracts To support Iranian startups; IOIV inked four contracts
13 April, 2021
Iranian Oil Industry Ventures (IOIV), a newly established semi-governmental entity that is helping startups active in oil industry,...
U.S. position on Iran sanctions remains unchanged: State Dept. U.S. position on Iran sanctions remains unchanged: State Dept.
13 April, 2021
The United States' position on Iran sanctions remains unchanged, a State Department spokesperson said Monday,...
Turkey’s Halkbank urges end of U.S. prosecution alleging Iran sanctions violations Turkey’s Halkbank urges end of U.S. prosecution alleging Iran sanctions violations
13 April, 2021
A lawyer for Halkbank told a U.S. appeals court on Monday that the state-owned Turkish lender was immune from U.S. ...
Iran Naftshahr EPC/EPD project nearing the end Iran Naftshahr EPC/EPD project nearing the end
13 April, 2021
National Iranian Drilling Co. (NIDC) has started the drilling operation of well #11 of Naftshahr oilfield, the fourth and...
The cheapest crude oil still produced in the Persian Gulf (Report) The cheapest crude oil still produced in the Persian Gulf (Report)
13 April, 2021
Crude oil extraction and production cost is an effective factor in oil pricing. Such costs vary from one spot to another,...
Iran’s condensate exports last year as reported by IRICA Iran’s condensate exports last year as reported by IRICA
12 April, 2021
According to the figures released by Islamic Republic of Iran Customs Administration (IRICA), Iran exported over 576,000 tons of gas condensate...
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