Iran's Oil, Gas & Petrochemical Daily Reports

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Challenges of Iran’s petrochemical industry (Analysis) Challenges of Iran’s petrochemical industry (Analysis)
21 February, 2024
The petrochemical industry in Iran is facing several challenges such as lack of financial resources, lack of sustainable feed, old technology,...
Europe's gas demand at 10-year low, to peak in 2025 (Report) Europe's gas demand at 10-year low, to peak in 2025 (Report)
21 February, 2024
Europe has cut its gas demand by 20 percent since the Russian invasion of Ukraine and demand for liquefied natural gas (LNG) should peak...
How U.S. became world’s biggest gas supplier (Report) How U.S. became world’s biggest gas supplier (Report)
20 February, 2024
In just eight years, the United States has rocketed from barely selling any gas overseas to becoming the world’s No. 1 supplier...
Iraq's current and future oil upstream report (Report) Iraq's current and future oil upstream report (Report)
19 February, 2024
As some Western companies pull out of Iraq's oil sector, Iraq is looking to the East, particularly China, to boost its oil output to 7 million barrels per day by 2027...
Gas-fired power plants booming globally despite requirements of net zero (Analysis) Gas-fired power plants booming globally despite requirements of net zero (Analysis)
18 February, 2024
The past few years have seen ample warnings about the role of natural gas in our energy systems from both a climate and an energy security point of view.
Chinese teapots may face challenges, if US tightens sanctions on Iranian crude (Report) Chinese teapots may face challenges, if US tightens sanctions on Iranian crude (Report)
13 February, 2024
... shifting scope of US restrictions has bolstered prices on the market for sanctioned crudes, and that may create a more challenging environment for small refiners’ profit margins this year.
OPEC+ output sees biggest drop in January: Platts survey OPEC+ output sees biggest drop in January: Platts survey
10 February, 2024
OPEC+ crude output fell 340,000 b/d in January, the steepest drop in six months, as some members implemented voluntary cuts and protesters shut down
Why does it take 3 years to issue a license for Iran upstream oil contracts? (Analysis) Why does it take 3 years to issue a license for Iran upstream oil contracts? (Analysis)
04 February, 2024
According to the Oil Ministry’s reports, Iran has the potential to increase oil production to 5.7 million barrels per day and gas production to 1.5 billion cubic meters per day....
IEA downgrades green hydrogen growth forecast (Report) IEA downgrades green hydrogen growth forecast (Report)
23 January, 2024
The IEA’s 2023 annual renewables report constitutes bad news for green hydrogen, with 2023 forecasts for capacity growth significantly more gloomy than the previous year’s.
World is heading for massive LNG oversupply (Analysis) World is heading for massive LNG oversupply (Analysis)
20 January, 2024
Analysts predict peak global gas demand, but the global LNG pipeline just keeps growing, threatening serious oversupply.
Exploring a new energy pathway via a Turkmenistan-Iran-Iraq potential trilateral cooperation (Analysis) Exploring a new energy pathway via a Turkmenistan-Iran-Iraq potential trilateral cooperation (Analysis)
16 January, 2024
Turkmenistan, together with the rest of Central Asia, has been touted by many as the energy powerhouse both of the present and the future. Its natural gas reserves place it on the 6th position globally,
Oil to hover above $80 in 2024 (Report) Oil to hover above $80 in 2024 (Report)
09 January, 2024
Expected weak global economic growth and increased supply from non-Opec producers will lead to slow oil demand growth in 2024, ....
Turkmenistan gas transit and Iran role (Analysis) Turkmenistan gas transit and Iran role (Analysis)
06 January, 2024
There are two pipelines able to carry gas from Turkmenistan to Iran: the 8 billion cubic meter per year capacity Korpeje-Kurtkuyu pipeline
List of contracts signed in 2023 to revitalize Iran’s low-efficiency wells (Report) List of contracts signed in 2023 to revitalize Iran’s low-efficiency wells (Report)
02 January, 2024
During the last year several contract were signed between Iran’s ‘Petroleum Industry Innotech Park’, on behalf of National Iranian Oil Company (NIOC) and Iranian knowledge based company to revitalize Iran’s low-efficiency and inactive wells.
 Story of methanol producers is repeating for PDH projects: APIC Official (Report) Story of methanol producers is repeating for PDH projects: APIC Official (Report)
01 January, 2024
The Secretary General of Iran's Association of Petrochemical Industry Corporation (APIC) Ahmad Mahdavi talked about ...
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