Current News & Reports

EU annuls sanctions against Iran OPIC EU annuls sanctions against Iran OPIC
21 January, 2017
Simultaneous with the first anniversary of Comprehensive Plan of Action (JCPOA), the European Union (EU) annulled the sanctions imposed against companies related to Iran oil industries ...
Iran Abadan Refinery final deal to be signed with Chinese in Feb: NIORDC Iran Abadan Refinery final deal to be signed with Chinese in Feb: NIORDC
21 January, 2017
... head of National Iranian Oil Refining and Distribution Co. (NIORDC), stated that a contract will be signed with the China Petroleum & Chemical Corp ...
140 foreign insurers seeking Iran entry 140 foreign insurers seeking Iran entry
21 January, 2017
The Central Insurance of Iran, the industry’s regulator, has held talks with more than 140 foreign insurance and reinsurance companies that sought to enter the Iranian market since the lifting of the sanctions in January 2016 ...
Iran crude output as reported by OPEC (Dec-update) Iran crude output as reported by OPEC (Dec-update)
21 January, 2017
According to secondary sources, OPEC crude oil production in December 2016, decreased by 221,000 bpd from the previous month to average 33.08 mb/d ...
Iran drilling industry not in a good state: Expert (Report) Iran drilling industry not in a good state: Expert (Report)
18 January, 2017
In an interview with Persian Daily Forsat Emrooz, Bahman Soroushi, a veteran expert in Iran oil upstream and board member of Global Petro Tech Kish Co ...
Iran LNG projects will be activated: NIOC MD Iran LNG projects will be activated: NIOC MD
18 January, 2017
... managing director of National Iranian Oil Co. (NIOC), said: “There is a possibility to hold an international tender for Iran LNG projects and if an agreement is made with a competent foreign company ...
Iran to build urea/ammonia plant, using CO2 gases Iran to build urea/ammonia plant, using CO2 gases
18 January, 2017
... managing director of National Petrochemical Co. (NPC), revealed that an urea/ammonia plant is to be constructed in Assalouyeh with CO2 as feedstock ...
Iran Kaveh Methanol project made over 93% progress Iran Kaveh Methanol project made over 93% progress
18 January, 2017
With a production capacity of 7,000 tons/d, Kaveh Methanol project has made 93.41% headway by late December 2016, ...

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