Iran's Oil, Gas & Petrochemical Daily News

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Iran crude output as reported by OPEC (Jan-update) Iran crude output as reported by OPEC (Jan-update)
16 February, 2020
According to secondary sources, the total OPEC-14 preliminary crude oil production averaged 28.86 Mln bpd in January 2020, lower by 509,000 bpd m-o-m. Crude oil output increased mainly ...
Iran Siraf plan executive operation to start in H1 next year Iran Siraf plan executive operation to start in H1 next year
16 February, 2020
Houshang Falahatian, deputy Iranian oil minister in planning affairs, said: “The executive operation of ‘Siraf Refining Park’ will start within maximum H1 of the next (Iranian) year (starting late March 2020 ...
Oil companies cancel ‘IP Week’ receptions due to coronavirus Oil companies cancel ‘IP Week’ receptions due to coronavirus
16 February, 2020
Oil companies are cancelling their receptions at International Petroleum Week (IP Week) in London at the end of this month as concerns over the spread of coronavirus rise ...
Iran WEP connected to Tabriz Petchem Iran WEP connected to Tabriz Petchem
15 February, 2020
The project to connect West Ethylene Pipeline (WEP) to Tabriz Petrochemical Complex was inaugurated in Miandoab on Tuesday, 13th of Feb. 2020 ...
Iran energy consumption three times more than global average: IFCO MD Iran energy consumption three times more than global average: IFCO MD
15 February, 2020
Managing director of Iranian Fuel Conservation Co. (IFCO) Mohsen Delaviz pointed out that Iran energy consumption is three times more than the average consumption rate in the world and five time more than the consumption rate in the advanced countries ...
Iran March crude oil OSP down for Asia Iran March crude oil OSP down for Asia
15 February, 2020
National Iranian Oil Co. (NIOC) has decreased its official selling prices (OSP) of Iranian crude oil for Asian destinations for March 2020 ...
Iran IRENEX deals last week Iran IRENEX deals last week
15 February, 2020
During the five working days of Iranian last week, from Saturday to Wednesday (08-13th of February), 8,500 tons of LPG was traded at the international market of IRENEX ...
INSTEX an example of futility of EU’s struggle for strategic autonomy from U.S INSTEX an example of futility of EU’s struggle for strategic autonomy from U.S
15 February, 2020
In an article published by The New York Times on Monday, it is said that the Instrument in Support of Trade Exchanges (INSTEX) is a prime example of the futility of Europe’s struggle ...
Early stage of Iran Goureh- Jask on stream next Iranian year: PEDEC Early stage of Iran Goureh- Jask on stream next Iranian year: PEDEC
12 February, 2020
Managing director of Iran Petroleum Engineering and Development Co. (PEDEC) Touraj Dehghani announced that the project to transfer crude oil from Goureh to Jask has made ...
MoU signed to produce sponge /needle cokes at two Iranian refineries MoU signed to produce sponge /needle cokes at two Iranian refineries
12 February, 2020
On 10th of February 2020, a memorandum of understanding (MoU) was signed between National Iranian Oil Refining and Distribution Co. (NIORDC) and Iranian Mines and Mining Industries Development and Renovation Org ...
Iran’s APC chlorine production to hit a record Iran’s APC chlorine production to hit a record
12 February, 2020
... managing director of Iran’s Arvand Petrochemical Co. (APC), referred to the implementation of the project to increase production capacity of chlorine at this complex ...
Iran government sets crude/ condensate feed price for local refineries Iran government sets crude/ condensate feed price for local refineries
12 February, 2020
Upon the approval of the board of ministers, the price of crude oil and gas condensates feed stock delivered to the local refineries was set to be Rls ...
Two topsides of Iran SP phase 13 loaded out Two topsides of Iran SP phase 13 loaded out
12 February, 2020
On 10th of February 2020, the operation to load out the platform’s topsides 13A and 13D of South Pars phase 13 development project was carried out from Iran Marine Industrial Company ...
Iran TPZ HDPE unit on stream in 4 years Iran TPZ HDPE unit on stream in 4 years
12 February, 2020
... managing director of Iran Tabriz Petrochemical Co. (TPZ), stated: “Once the 310,000 ton High-density polyethylene (HDPE) production plant is constructed and get operational ...
GECF Global Gas Outlook 2050 GECF Global Gas Outlook 2050
12 February, 2020
Population growth and economic growth will drive energy demand ...
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