Iran's Oil, Gas & Petrochemical Current News

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Two new appointments in Iran PEDEC Two new appointments in Iran PEDEC
11 December, 2018
... the managing director of Iran’s Petroleum Engineering and Development Co. (PEDEC) appointed Ahmadraza Kiani as deputy managing director in development affairs ...
Five oilfields’ EPC/EPD plans of Iran NISOC awarded Five oilfields’ EPC/EPD plans of Iran NISOC awarded
10 December, 2018
... director of crude oil production boost & maintain at National Iranian South Oil Co. (NISOC), said: “The EPC/EPD tenders for five oil reservoirs of Ramshir, Gachsaran Khami layer ...
Permission to fund Iran EPD/EPC projects to maintain oil output obtained Permission to fund Iran EPD/EPC projects to maintain oil output obtained
10 December, 2018
The means to secure the fund for the projects to boost and maintain oil production capacity of 29 oilfields through engineering, procurement, development (EPD) / engineering, procurement, development ...
A new polystyrene plant to be built in Iran A new polystyrene plant to be built in Iran
10 December, 2018
... managing director of Iran Petropaak Mashreq Zamin Petrochemical Co., referred to the construction of a plant to produce General Purpose Polystyrene (GPPS) and High Impact Polystyrene ...
Iran News In Brief Iran News In Brief
09 December, 2018
Iran Kian Petchem project not moving forward Iran Kian Petchem project not moving forward
09 December, 2018
... The project to construct Kian Olefins had been first raised in 2003. Talks had been frequently held with various local and foreign companies to implement this project between 2003 and 2008 ...
Iran petchems output hits 37 Mln tons in 8 months Iran petchems output hits 37 Mln tons in 8 months
09 December, 2018
Over the first eight months of current (Iranian) year (started late March 2018), Iranian petrochemical complexes produced 36.7 Mln tons, i.e. equivalent to %77 of their nominal capacity ...
PCC Official: High tariff a barrier to Iran petchem export to Turkey PCC Official: High tariff a barrier to Iran petchem export to Turkey
09 December, 2018
Mehdi Sharifi Niknafas, managing director of Iran Petrochemical Commercial Co. (PCC), announced that an imposed tariff of %7.5 has become the biggest obstacle ...
How OPEC calculates the 800,000 bpd cutback shares How OPEC calculates the 800,000 bpd cutback shares
09 December, 2018
OPEC’s lack of transparency on how much its nations are supposed to be pumping has become almost infamous among oil traders, but on Friday the group eventually managed to provide a relatively comprehensible idea of its plans ...
Exports of about 1.5 Mln bpd of oil estimated in Iran next year budget Exports of about 1.5 Mln bpd of oil estimated in Iran next year budget
08 December, 2018
Iran’s Government has presented the budget bill for the next Iranian year (starting late March 2019), to the Parliament on last Thursday, 6th of December 2018 ...
Exports of Iran petchems up by 32% in 8 months Exports of Iran petchems up by 32% in 8 months
08 December, 2018
Based on the figures released by the Islamic Republic of Iran Customs Administration (IRICA), the exports of the petrochemical products of Iran have gone beyond ...
First topside of Iran South Pars phase 13 installed First topside of Iran South Pars phase 13 installed
08 December, 2018
The first offshore topside of South Pars phase 13 was installed on Wednesday, 5th of December 2018, at the relevant site of platform ’13-B’ ...
Iran News In Brief Iran News In Brief
08 December, 2018
OPEC decides 1.2m bpd output cut; Iran exempted OPEC decides 1.2m bpd output cut; Iran exempted
08 December, 2018
OPEC agreed on an output cut of 1,200,000 barrels per day, exempting Iran from the supply cut decision ...
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