Iran's Oil, Gas & Petrochemical Current News

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‘Iran Plast 2018’ opens today ‘Iran Plast 2018’ opens today
24 September, 2018
With ‘Boom in Global Plastics Industry Business’ as its slogan, the ‘12th Iran Plast Showcase’ opens today- Monday, September 24th, 2018 ...
Iran NIDC performance in H1 this Iranian year Iran NIDC performance in H1 this Iranian year
24 September, 2018
National Iranian Drilling Co. (NIDC) succeeded to complete drilling of 73 wells at both onshore and offshore sectors in the first half of current Iranian year ...
Gasoil HT unit of Iran BAOR on stream in a month: Company MD Gasoil HT unit of Iran BAOR on stream in a month: Company MD
24 September, 2018
Managing director of Iran Bandar Abbas Oil Refining Co. (BAORC) Hashem Namvar said: “The gas oil hydro-treating unit related to the project to boost capacity and upgrade the quality of Bandar Abbas Oil Refinery ...
Iran confirms S. Korea not buying crude oil for 3 months Iran confirms S. Korea not buying crude oil for 3 months
24 September, 2018
Director of Public Relations at Iran oil ministry Kasra Nouri stated that South Korea has had no oil imports from Iran in the past three months ...
Failure to cooperate with FATF means isolating Iran: MP Failure to cooperate with FATF means isolating Iran: MP
24 September, 2018
National Security and Foreign Policy Commission of Parliament said lack of cooperation with the Financial Action Task Force (FATF) means isolating Iran ...
Latest with phase III of Iran PGSC Refinery project Latest with phase III of Iran PGSC Refinery project
24 September, 2018
... director of operations at Persian Gulf Star Condensates Refinery (PGSCR), said: “Upon the completion of the third phase of the refinery, gasoline production capacity at PGSCR ...
Iran oil bourse being relied for cash control: MP Iran oil bourse being relied for cash control: MP
24 September, 2018
... member of Energy Commission at Iran Parliament, stated that, in line with ‘Iran’s Sixth Five-Year Development Plan’ (2017-2022), the government, the oil ministry along with the related systems are obliged to offer ...
Major traders are talking about $100 oil again Major traders are talking about $100 oil again
24 September, 2018
Major oil trading houses are predicting the return of $100 crude for the first time since 2014 as the market braces for the loss of Iranian supplies because of U.S. sanctions ...
OPEC sees no rush to increase oil output OPEC sees no rush to increase oil output
24 September, 2018
Oil producers led by Saudi Arabia and Russia signaled on Sunday that they did not see any rush to increase output, despite pressure from President Trump to pump more oil and hold down prices ...
Iran SECC approves oil sales at ‘Energy Bourse’  in foreign currency Iran SECC approves oil sales at ‘Energy Bourse’ in foreign currency
23 September, 2018
With an aim to diversify the oil sales, Iran’s Supreme Economic Coordination Council (SECC) approved the plan to supply crude oil at ...
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