Iran's Oil, Gas & Petrochemical Current News

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Iran ‘NGL 3200’ project at about 40% headway Iran ‘NGL 3200’ project at about 40% headway
20 January, 2018
The project to construct Iran’s ‘NGL-3200’ plant in West of Karoon River in Khuzestan province is underway, making about 40% headway ...
Iran Lordegan Urea/Ammonia project at over 83% headway Iran Lordegan Urea/Ammonia project at over 83% headway
20 January, 2018
According to the Iran’s Association of Petrochemical Industry Corporation (APIC), the project to construct Lordegan Urea/Ammonia plant has so far made over ...
OPEC report on Iran crude oil production rate in 2017 OPEC report on Iran crude oil production rate in 2017
20 January, 2018
Based on OPEC monthly report released in January 2018, Iran crude oil production rate in 2017 has been 3, 811 Mln bpd, which compared to a year earlier, it experienced an ....
Iran crude output as reported by OPEC (December-update) Iran crude output as reported by OPEC (December-update)
20 January, 2018
According to secondary sources, total OPEC-14 crude oil production averaged 32.42 Mln bpd in December 2017, a minor increase of 42,000 bpd over the previous month ...
PetroIran takes up studying 2 oilfields PetroIran takes up studying 2 oilfields
17 January, 2018
National Iranian Oil Co. (NIOC) and PetroIran Development Co. (PEDCO) have signed an MoU over studies of two Iranian onshore oilfields on ...
Iran macro part of budget & the next year economic outlook (Analysis) Iran macro part of budget & the next year economic outlook (Analysis)
17 January, 2018
In a report, the Department of Economic Studies at Research Center of Iran’s Parliament has reviewed the macro part of the budget bill and the economic outlook for the next ...
Iran Oil Official: Iran oil talks gather more speed Iran Oil Official: Iran oil talks gather more speed
17 January, 2018
Deputy Iranian oil minister for international affairs and commerce Mohsen Zamaninia stated that huge works shall be done within the next four months in Iran oil industry, and stressed on the necessity to invest in this industry ...
Iran petchem export beyond $8.5 Bln in 9 months Iran petchem export beyond $8.5 Bln in 9 months
17 January, 2018
Iranian petrochemical complexes exported over 16.4 Mln tons of products, worth $8.581 Bln, in the first 9 months of current (Iranian) year ...
Iran NISOC classify companies for upstream job-based projects Iran NISOC classify companies for upstream job-based projects
17 January, 2018
In order to classify local and international contractors eager to participate in the upstream job-based projects of National Iranian South Oil Co. (NISOC) ...
Full privatization of 3 major Iranian banks on agenda Full privatization of 3 major Iranian banks on agenda
17 January, 2018
Iran Privatization Organization, the state-run entity overseeing the sale of state-owned companies, plans to divest the remaining stake of the government in major privatized lenders and thereby make them ...
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