Iran's Oil, Gas & Petrochemical Daily News

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Oil prices bound for second weekly gain on geopolitical tension, supply concerns Oil prices bound for second weekly gain on geopolitical tension, supply concerns
06 April, 2024
Oil prices extended gains on Friday and headed for a second weekly gain, supported by geopolitical tensions in Europe and the Middle East,
US sanctions UAE based tanker operator linked to Iran US sanctions UAE based tanker operator linked to Iran
06 April, 2024
The United States Treasury Department on Thursday announced sanctions against tanker operator Oceanlink Maritime DMCC accusing it of transporting commodities...
Brent boosted by geopolitics, jumps over $90 Brent boosted by geopolitics, jumps over $90
05 April, 2024
Brent crude hit levels around $91 per barrel on Thursday, the highest since October 2023, with markets getting more anxious about increasing geopolitical risks.
Iran exported 11 Mln tons of LPG last year: FGE Iran exported 11 Mln tons of LPG last year: FGE
05 April, 2024
Iran last year became the biggest Middle Eastern supplier of LPG, with exports surging 28% to over 11 million tons, ...
Iran, Turkey launch talks on gas cooperation Iran, Turkey launch talks on gas cooperation
05 April, 2024
Bayraktar on his visit to Tehran reveals Turkey’s firm determination to extend the contract on importing gas from Iran and stated: “Turkish companies’ investment in development projects of Iran’s gas fields ....
Chinese company to develop Iraq-Iran border oilfield Chinese company to develop Iraq-Iran border oilfield
04 April, 2024
The Khanaqin administration announced on Tuesday, April 2, the imminent beginning of exploration, development and production project in Iraq’s 'Khanah Oil' field, on the border with Iran...
OPEC+ keeps output policy steady OPEC+ keeps output policy steady
04 April, 2024
A meeting of top OPEC+ ministers kept oil supply policy unchanged and pressed some countries to increase compliance with output cuts,...
Iran drilling companies’ challenges last year Iran drilling companies’ challenges last year
03 April, 2024
the Head of Iranian Association of Oil and Gas Drilling Companies talked about the challenges of Iranian drilling companies last year and stated:...
Iran's last year gas consumption figures Iran's last year gas consumption figures
03 April, 2024
the Head of Dispatching at National Iranian Gas Company (NIGC) stated: “During last Iranian year (ended 19th March 2024), an average of....
Iran TPC issues tender for construction of open hybrid cooling water unit Iran TPC issues tender for construction of open hybrid cooling water unit
03 April, 2024
Iran’s Tabriz Petrochemical Company (TPC) has issued a tender for basic and detailed engineering, procurement and supply of...
Aramco awards $ 7.7 Bln Fadhili gas expansion contacts to S. Korean firms Aramco awards $ 7.7 Bln Fadhili gas expansion contacts to S. Korean firms
03 April, 2024
Saudi Aramco has awarded $7.7 billion in contracts to expand its Fadhili gas plant's processing capacity to 4 billion standard cubic feet per day, the company said on Tuesday.
Iran’s top three foreign investors last (Iranian) year Iran’s top three foreign investors last (Iranian) year
02 April, 2024
Iran's Economy Minister named China, Turkey, and UAE as the top 3 foreign investors in Iran in last Iranian year (ended 19th March 2024).
Iran’s last year oil and non-oil exports figures: IRICA Iran’s last year oil and non-oil exports figures: IRICA
02 April, 2024
According to Iran Customs Administration (IRICA), in last Iranian year (ended 19th March 2024), $35.87 Bln of oil was exported.
More details on Iran South Pars gas pressure boosting project More details on Iran South Pars gas pressure boosting project
02 April, 2024
South Pars gas pressure boosting project manager at Iran Pars Oil & Gas Co. (POGC) talked about the criteria such as economic nature of the project....
Oil gains on expectations for higher demand and as Middle East concerns rise Oil gains on expectations for higher demand and as Middle East concerns rise
02 April, 2024
Oil prices rose on Tuesday, underpinned by signs that demand may improve China and the U.S., the world's biggest oil consuming nations, and growing concerns of a widening conflict in the Middle East ...
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