Iran's Oil, Gas & Petrochemical Current News

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Iran gas network administration to be awarded to private sector Iran gas network administration to be awarded to private sector
05 February, 2019
... managing director of National Iranian Gas Co. (NIGC), emphasized the need to improve the outsourcing laws and regulations, and said ...
Iran crude oil price in January 2019 Iran crude oil price in January 2019
05 February, 2019
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 January 2019 at the prices listed in the following table ...
No trade on Iran’s 4th crude oil offered at IRENEX No trade on Iran’s 4th crude oil offered at IRENEX
05 February, 2019
... managing director of Iran ‘Energy Exchange’ (IRENEX), said: “The 4th light crude oil cargo of National Iranian Oil Co. (NIOC) was offered at base price of $ 56.24 per bbl on Monday ...
Latest with some Iran’s petchem projects Latest with some Iran’s petchem projects
05 February, 2019
... projects director at Iran’s National Petrochemical Co. (NPC), talked about the latest state of NPC’s projects with above 90% progress, “The projects to construct Kaveh Methanol Complex ...
Foreign shareholders hold 300 codes for trading at IRENEX Foreign shareholders hold 300 codes for trading at IRENEX
05 February, 2019
Iran’s Securities and Exchange Organization (SEO) Head Shapour Mohammadi put the number of codes held by the foreign shareholders at Iran Energy Exchange ...
Iran should create similar mechanism to implement INSTEX: French embassy Iran should create similar mechanism to implement INSTEX: French embassy
05 February, 2019
Iran should now create a similar mechanism for a full implementation of INSTEX (Instrument in Support of Trade Exchanges), the French embassy in Tehran tweeted ...
EPC/EPD tender out to raise Iran Resalat oilfield output EPC/EPD tender out to raise Iran Resalat oilfield output
04 February, 2019
The engineering, procurement and construction (EPC)/ engineering, procurement and drilling (EPD) tender to increase the production rate of Resalat oilfield is currently being held by Iranian Offshore Oil Co ...
Iran South Pars phase 13 at 93.4% headway Iran South Pars phase 13 at 93.4% headway
04 February, 2019
... planning and project control manager of South Pars phase 13 at Pars Oil & Gas Co. (POGC) said: “South Pars phase 13 has made 93.4% overall headway ...
Iran GOGPC achievements in past 40 years Iran GOGPC achievements in past 40 years
04 February, 2019
Managing director of Gachsaran Oil and Gas Production Company (GOGPC) Houshang Seidali said: “Over the past 40 years, 583 wells were drilled at GOGPC, and the number of the wells at GOGPC reached 813 ...
S. Korean refiners to import Iranian condensate in Feb. S. Korean refiners to import Iranian condensate in Feb.
04 February, 2019
Hyundai Oilbank Co., a major South Korean refiner, plans to import 2 million barrels of Iranian condensate this month, a person familiar with the issue said Monday ...
Swiss Envoy: Good progress on Iran payment channel Swiss Envoy: Good progress on Iran payment channel
04 February, 2019
The Swiss government is moving ahead with plans to unveil a humanitarian payment channel for Iran through complex negotiations with different parties in Iran ...
Iran’s 2018 ‘Corruption Perceptions Index’ went down Iran’s 2018 ‘Corruption Perceptions Index’ went down
04 February, 2019
Iran’s score based on the Corruption Perceptions Index decreased in 2018 with 28 out of 100, a report by Transparency International announced ...
Iran Economic Freedom index improves for 2019 Iran Economic Freedom index improves for 2019
03 February, 2019
The US based Heritage Foundation, released its annual Index of Economic Freedom for 2019 on last Wednesday, 30th of January 2019 ...
Iran Ilam Olefins unit on stream by next (Iranian) yearend Iran Ilam Olefins unit on stream by next (Iranian) yearend
03 February, 2019
... managing director of Ilam Petrochemical Co. (IPC) said: “The commissioning of the flaring, hydrogen and sweetening units of Olefins project of this complex are being carried out ...
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