Iran's Oil, Gas & Petrochemical News Headlines

Iran Kourosh PDH project canceled: Company MD
18 April, 2024
The project to construct Iran’s Kourosh PDH plant with an aim to produce 150,000 tons per year of propylene and its downstream derivatives has canceled.

Iraq to hold bidding round for oil, gas contracts on Apr. 27
18 April, 2024
Iraq will hold a bidding round for oil and gas exploration contracts on April 27, the oil ministry said on Thursday,

Iran NISOC issues tender for FEED of Marun new gas injection plant
17 April, 2024
National Iranian South Oil Co. (NISOC) has issued a tender for preliminary studies and preparation of the FEED package...

Belgium, France, Netherlands and Spain continue to buy LNG from Russia.
17 April, 2024
Russian LNG is regularly transported to Belgium, France, the Netherlands and Spain. In 2023....

Latest progress rates of petchem projects of Iran OIPF (Mar. 2024)
16 April, 2024
Iran’s Oil Industries Pension Fund (OIPF), has recently released a report on the progress rates of petrochemical projects of the Fund.

Iran’s NDF participates in Yaran oilfield development project
16 April, 2024
At the request of Iran’s Persia Oil & Gas Industry Development Co. (POGIDC), National Development Fund (NDF) invested.....

NDF conference on Iran’s 7th Plan to be held in May 2024
16 April, 2024
The fourth international conference of the Iran’s National Development Fund (NDF), under the title "The Role of NDF in Implementation of Iran’s Seventh Plan",...

Iran ICOFC issues tender for flare gas sale
16 April, 2024
Iranian Central Oil Fields Co. (ICOFC) has issued a tender for the sale of Sarkan and Male Kouh oilfields flare gas to the private sector,

Middle East woes put Chinese independent refiners' appetite for Iranian crude in spotlight
16 April, 2024
The sharp escalation of tensions between Israel and Iran raises questions as to whether the flow of Iranian crude oil to China's independent refiners can continue

US House votes to sanction China’s purchase of Iranian oil
16 April, 2024
The US House of Representatives overwhelmingly passed legislation Monday aimed at countering China’s purchase of Iranian crude oil as part of a package...

Oil prices rise as Israel weighs response to Iran attack
16 April, 2024
Oil prices rose on Tuesday amid heightened tensions in the Middle East after Israel's military chief said his country would respond to Iran's weekend missile....

Pre-qual tender out for rig & well services of Iran Yadavarn-II project
15 April, 2024
Iranian Petro Sina Arya Company, a subsidiary of Khatam HQ, has issued a pre-qual tender for following drilling services...

Lack of naphtha caused decrease on Iran propylene/polypropylene production
15 April, 2024
The lack of gasoline in the country have challenged Iranian petrochemical sector. Naphtha, which was previously used to produce propylene...

Latest status of Iran TORC gasoline project
15 April, 2024
About the gasoline production project (CCR) of the company, he stated: “Last year, due to disagreements in the board of directors,...

Oil prices fall after Iran attack as market draws down risk premium
15 April, 2024
Oil prices fell on Monday as market participants dialed back risk premiums following Iran's weekend attack on Israel that the Israeli government said caused limited damage.

Iran's Oil, Gas & Petrochemical Daily News

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