Production Capacity of Yaran Oilfield Up

Production of crude oil from 6 new wells at Yaran joint oilfield has started, bolstering the field’s productivity.

$Tehran to Host 2nd Int\'l ECO Energy Conference$

Tehran to Host 2nd Int'l ECO Energy Conference

The Federation of Energy Industries of Iran (FIEEI) in collaboration with ECO Secretariat, ECO CCI and ICCIMA (Iran Chamber of Commerce, Industries, Mining and Agriculture), Iran Energy Association and Iranian Biofuel Society is to hold the “2nd International ECO Energy Conference in Tehran on March 3 and 4.

The Impacts of Middle East Gas Condensate Splitters on the Condensate and Naphtha Market

East and Southeast Asia is the major consumer of the Middle East gas condensate. Iran plans to reduce its gas condensate export to zero by increasing condensate processing capacity. Qatar also decreases its condensate exports by expanding condensate splitters within the country. What would happen for condensate splitters in the East and Southeast Asia?

Tombak Export-Service Port Fully Operational by March 2020

Tombak Export-Service Terminal is expected to fully come online by the end of the next Iranian calendar year to March 2020.

Iran to Launch 4 South Pars Phases by March 20

Iranian Minister of Petroleum Bijan Zangeneh, on the eve of the 40th anniversary of the Islamic Revolution’s victory, underlining Iran’s natural gas production capacity from the jointly owned South Pars gas field and inauguration of the refinery sections of phases 13 and 22-24 of South Pars in the near future, said: "With the opening of these phases, Iran outdoes Qatar in gas recovery from South Pars gas field.”

Tehran-Baku Oil Talks Continue

The CEO of Khazar Exploration and Production Company (KEPCO) said talks between Iran and Azerbaijan were continuing and a joint committee had been formed by the two neighbors.

Iran Launches Major Petrol Project

Iranian President Hassan Rouhani inaugurated Phase III of Bandar Abbas Gas Condensate Refinery (also called the Persian Gulf Star Refinery) in southern Iran.

Iran Petrol Output Doubles in 5 Years

Iranian Minister of Petroleum Bijan Zangeneh said the country’s petrol production capacity had more than doubled since 2013.

Persian Gulf Star Refinery Generating $800m/y

Iran’s Bandar Abbas Gas Condensate Refinery (also called the Persian Gulf Star Refinery) generates 800 million dollars per year for the country, an official said.

Parliament Approves Issuance of Sukuk by Petroleum Ministry

The Iranian parliament approved of a motion which allows the Ministry of Petroleum to issue 3 billion dollars worth of Islamic bonds (Sukuk) undersigned by the council of ministers.

Masjed Soleyman Ammonia Plant Online by Mid-2020

The Ammonia Unit of Masjed Soleyman Petrochemical Plant will come on-stream by March 2020, to become fully operational by 2021.

Tehran to Host Annual Gathering of Iran Upstream Industrialists

The annual gathering of Iranian oil and gas upstream industrialists is to be held in Tehran on February 23 and 24.

Bandar Abbas Refinery Posts Annual Profits of $350m

Iran’s Bandar Abbas Oil Refinery earns 350 million dollars in profits annually, the plant’s CEO said.

Iran, Russia to develop joint industrial, insurance plans

Deputy Minister of Industry, Mining and Trade in Industries Affairs declared readiness of this ministry to begin a new round of economic cooperation with the country in different fields of industry and mining.

Pak top provincial official urges stronger economic ties with Iran

Chief Minister of Pakistan’s south western Balochistan Province has said that enhancing trade ties with Iran, particularly through Taftan border, could help improve the living standard of the people in both sides of the border.

Total items: 726 in 49 pages