Iran's Oil, Gas & Petrochemical Daily News

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Iran capital market provides $23.8 Bln of financing in 4 months Iran capital market provides $23.8 Bln of financing in 4 months
05 August, 2020
The head of Iran’s Securities and Exchange Organization (SEO) announced that the capital market has provided one quadrillion rials (about $23.809 billion) of financing during the first four months of the current Iranian calendar year (March 20-July 21)...
Latest with Iran NGL-2300 project Latest with Iran NGL-2300 project
04 August, 2020
The project to construct Iran NGL-2300 plant with an aim to gather 270 mcf/d of associated gas from the Asemari layer of Maroun and Aghajari oilfields and...
Despite official reports, China has been hoarding Iranian crude oil (Report) Despite official reports, China has been hoarding Iranian crude oil (Report)
04 August, 2020
A number of high-profile reports last week cited data released on 26 July by China’s General Administration of Customs (GAC) as clear evidence that China did not import any crude oil from Iran in June ‘for the first time since January 2007’...
Iran to open three petchem projects on Thursday Iran to open three petchem projects on Thursday
04 August, 2020
Managing director of National petrochemical Co. (NPC) Behzad Mohammadi referred to the company’s plan for commissioning three petrochemical projects on coming Thursday, 6th August 2020, and stated:...
OIEC to develop Iran Changuleh oilfield under IPC: Company MD OIEC to develop Iran Changuleh oilfield under IPC: Company MD
04 August, 2020
GholamReza Manouchehri, managing director of Iran Oil Industries Engineering and Construction (OIEC), announced the imminent assign of the Changuleh oil field development project to OIEC Group and specified: ...
Iran crude oil price in July 2020 Iran crude oil price in July 2020
04 August, 2020
According to the Dept. of International Affairs at National Iranian Oil Co. (NIOC), Iran sold its different types of crude oil to various markets in July 2020 at the prices listed in the following table (US$/Barrel):...
Why Iran-Oman gas exports pipeline not yet implemented? Why Iran-Oman gas exports pipeline not yet implemented?
03 August, 2020
In response to a report of Mehr News Agency on the delay in the implementation of the Iranian gas export contract to Oman, Iran Oil Ministry provided explanations. The most important points of which are as follows:...
New development and technology center to be established in Assaluyeh New development and technology center to be established in Assaluyeh
03 August, 2020
Iraj Khorramdel, managing director of Pars Special Economic Energy Zone (PSEEZ) Organization has announced the establishment of a new development and technology center in Assaluyeh...
Iran hydrocarbons’ based exports figures in Q1 Iran hydrocarbons’ based exports figures in Q1
03 August, 2020
During the first quarter of the current Iranian year (started 20th March 2020), Iran exported 21.92 million tons of goods worth $6.36 Bln, reported Iran’s Chamber of Commerce Website, citing data by the Central Bank of Iran...
Iran crude oil from OPEC point of view in 2019 (Report) Iran crude oil from OPEC point of view in 2019 (Report)
02 August, 2020
In Organization of Petroleum Exporting Countries (OPEC) annual report published in July 2020, Iran has been ranked third in terms of proved crude oil reserves in 2019, following Venezuela and Saudi Arabia...
Iran to start oil discovery at Golastan province Iran to start oil discovery at Golastan province
02 August, 2020
Hadi Haqshenas, the Governor of Iran Golestan province, announced the start of oil exploration operation during the government’s week (22-28th August 2020) in the city of Gomishan...
Iran IRENEX deals last week Iran IRENEX deals last week
01 August, 2020
During the five working days of last Iranian week, i.e. from Saturday to Wednesday (25th to 29th of July 2020), over 18,500 tons of different type of products were traded at the international market of Iran Energy Exchange (IRENEX), reported the IRENEX website...
Iran NIOC expands ‘synthetic oil’ transfer system Iran NIOC expands ‘synthetic oil’ transfer system
01 August, 2020
Farrokh Alikhani, deputy managing director of National Iranian Oil Company (NIOC) for production affairs, announced the delivery of 20,000 bpd of synthetic oil as feed to the Abadan Oil Refinery from Wednesday, 29th July 2020, and stated:...
Iran KHPC 2nd Urea/Ammonia off the agenda of the company Iran KHPC 2nd Urea/Ammonia off the agenda of the company
01 August, 2020
Alireza Babazadeh, managing director of Khorasan Petrochemical Co., said: "The issue to construct the 2nd urea/ammonia plant by Khorasan Petrochemical Company (KHPC) is generally off the agenda of the company...
Chinese CNPC eyes BP’s stake in Oman gas field Chinese CNPC eyes BP’s stake in Oman gas field
01 August, 2020
China National Petroleum Corp. is in talks to acquire part of BP Plc’s stake in a key gas field in Oman, according to people familiar with the matter.
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