Iran's Oil, Gas & Petrochemical Current News

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Phase II of Iran Kaboud oilfield project limping forward Phase II of Iran Kaboud oilfield project limping forward
16 January, 2017
Phase II of Iran Kaboud oilfield development project in Khuzestan province is limping forward, making about 66% overall physical headway ...
Iran crude oil OSPs to Asia up for February 2017 Iran crude oil OSPs to Asia up for February 2017
16 January, 2017
National Iranian oil Co. (NIOC) has increased its official selling prices (OSP) of Iranian Light, Heavy and Forouzan Blend crude oil supply to NEW and Asian destinations for February 2017. ...
A look at SATA performance in Iran petchem industry A look at SATA performance in Iran petchem industry
16 January, 2017
In an interview with Persian website ‘Naftema’, Jafar Rabiee, managing director of SATA Investment Co., a subsidiary of Social Security Organization of Iran’s Armed Forces (SATA), explained about the measures taken by this company in Iran petrochemical sector ...
Iran parliament stresses foreign investment in 5-year plan Iran parliament stresses foreign investment in 5-year plan
16 January, 2017
Iran's parliament passed a five-year economic development plan on Sunday (Sixth 5-Year Development Plan, 2017-2022) that includes a sharp rise in foreign investment, though Tehran may not achieve that while U.S. president-elect Donald Trump is in office ...
Iran plans to raise West Karoun pump station capacity Iran plans to raise West Karoun pump station capacity
15 January, 2017
... project manager of construction of the offsite facilities and crude oil transfer pipeline of West Karoun oilfields, stated that commissioning West Karoun pump station with a capacity of ...
A look at status of Iran-Iraq 2 shared oilfields A look at status of Iran-Iraq 2 shared oilfields
15 January, 2017
While Iran taps 25,000 bpd of oil from Dehloran shared oilfield in Ilam province, Iraq has hit a record of production from Abu Ghuraib shared field by extracting 68,000 bpd of oil from the field ...
Iran oil revenue at $29 Bln in 9 months Iran oil revenue at $29 Bln in 9 months
15 January, 2017
... deputy oil minister in commercial and international affairs, referred to the average 2.570 Mln bpd of crude oil and gas condensates export rate in the first nine months of current ...
Only 50 Iranian oil equipment manufacturers meet global standards: Expert Only 50 Iranian oil equipment manufacturers meet global standards: Expert
15 January, 2017
... former head of Society of Iran Oil Industry Equipment Manufacturers (SIPIEM), stated that $108 Bln worth of investment is required to be made for Iran oil industry projects ...
Iran Hengam petchem project made 38% headway Iran Hengam petchem project made 38% headway
15 January, 2017
The project to construct Hengam Urea/Ammonia plant - urea and ammonia 14th- made 38.2% headway by late December 2016 ...
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