Iran's Oil, Gas & Petrochemical Current News

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Iraq needs 2 years to stop Iranian gas imports: energy official Iraq needs 2 years to stop Iranian gas imports: energy official
08 December, 2018
Iraq needs at least two years to boost the country’s gas production to stop importing Iranian gas used to feed its power stations, a senior Iraqi energy official ...
China's Iran oil imports to rebound in December China's Iran oil imports to rebound in December
08 December, 2018
China’s Iranian oil imports are set to rebound in December after two state-owned refiners began using the nation’s waiver from U.S. sanctions on Iran ...
Iran Parliament amends CFT bill Iran Parliament amends CFT bill
08 December, 2018
Iranian lawmakers have voted in favor of amendments made to the flaws in the bill on Iran’s accession to the convention against the funding of terrorism (CFT) as pointed out by the Guardian Council ...
Iran Qeshm GTPP contract awarded Iran Qeshm GTPP contract awarded
05 December, 2018
Iran Qeshm International Petrochemical Industries Co. (QIPICO) (ex Naft-e-Nik Co.) has awarded the engineering, procurement, construction (EPC) plus finance project to construct a Gas to Poly Propylene ...
New MD appointed for Iran OIEC New MD appointed for Iran OIEC
05 December, 2018
Nosrat Rahimi, chairman of the board of directors at Iran's Oil Industry Pension Funds (OIPF), appointed Gholam Reza Manouchehri - former director of development and engineering affairs of NIOC - as ...
Lowest bidder announced for Iran Ramshir/Mansouri oilfields production boost Lowest bidder announced for Iran Ramshir/Mansouri oilfields production boost
05 December, 2018
National Iranian South Oil Co. (NISOC) has opened the commercial bids received from the participants in the tender held to boost oil production of Ramshir oilfield and determined the lowest bidder ...
Iran NIOC share from oil exports revenue in past 7 years Iran NIOC share from oil exports revenue in past 7 years
05 December, 2018
In its latest report titled ‘The Necessity to Realize Fund for Upstream Oil & Gas Sector under Sanctions’, Iran Parliament Research Center (RC) enumerates the advantages and benefits of designing means ...
EU trade mechanism will cover oil sales: Iran FM EU trade mechanism will cover oil sales: Iran FM
05 December, 2018
Iranian Foreign Minister Mohammad Javad Zarif rejected the recent claim by Reuters that the Iran-EU trade mechanism, officially known as Special Purpose Vehicle ...
Iran crude oil price in November 2018 Iran crude oil price in November 2018
05 December, 2018
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 November 2018 at the prices listed in the following table ...
Iran Hengam petchem project making about 60% headway Iran Hengam petchem project making about 60% headway
05 December, 2018
Iran’s 14th Urea/Ammonia project (Hengam urea/ammonia), located in Site #2 of Pars Special Economic/Energy Zone (PSEEZ) has made an overall progress of 60% and is foreseen to get on stream by early 2020 ...
Iran KRPC plans to boost HDPE capacity Iran KRPC plans to boost HDPE capacity
05 December, 2018
The high density polyethylene (HDPE) production capacity of Kermanshah Polymer Petrochemical Co. (KRPC) will increase by ...
Iran SEO Official: Crude oil offered at ‘Energy Bourse’ in a month Iran SEO Official: Crude oil offered at ‘Energy Bourse’ in a month
05 December, 2018
Mohammad Salehifar, head of the hydrocarbon products market operation at Iran ‘Energy Bourse’, stressed that following recent modifications and more flexibility employed in the terms and conditions of the crude oil sale at ...
Out of OPEC, Qatar can start to market Iran's oil: Expert Out of OPEC, Qatar can start to market Iran's oil: Expert
05 December, 2018
After withdrawal from OPEC, Qatar can start to market Iranian oil to Asia and Europe, Sam Barden, director of the international trading and consulting company SBI Markets said on Tuesday ...
NIOC ex-official: Iran oil exports not to fall lower than 1.3 Mln bpd NIOC ex-official: Iran oil exports not to fall lower than 1.3 Mln bpd
04 December, 2018
Due to his many years of presence in international affairs of National Iranian Oil Co. (NIOC), Mohsen Ghamsari, former director of this directorate of NIOC, believes that in the new US unilateral sanctions period ...
Latest with Iran-Iraq talks on Iran's gas money Latest with Iran-Iraq talks on Iran's gas money
04 December, 2018
A report had been released recently on the offer made by Iraq to Iran over supplying food items for the gas it receives from Iran. This news was denied by Iranian side, and it was subsequently announced that Iraqis offered to pay ...
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