Iranian Energy Minister Reza Ardakanian said on Tuesday that the new contractor selected by Russia for the Sirik 1400-MW power plant has also been endorsed by Iran, noting that the construction operation is expected to start within weeks. Speaking to IRNA, Ardakanian said that Russian side finally decided to change …
Read More »Iran, OPEC Discuss Mutual Cooperation
Iranian Deputy Foreign Minister for International and Legal Affairs Mohsen Baharavand and the Organization of Petroleum Exporting Countries (OPEC) Secretary-General Mohammad Sanusi Barkindo in a meeting in Vienna on Saturday reviewed bilateral relations in the field of energy. The meeting was held on the occasion of the 60th establishment anniversary …
Read More »Iran Completes Developing SPGF
Iran has completed 13 phases of South Pars Gas Field (SPGF) in the past seven years to bring the country’s production of natural gas to 700 million cubic meters from this field. Development of South Pars Gas Field has been among the top priorities of the Ministry of Petroleum. Seven …
Read More »Iran Ranks Top for Oil & Gas Exploration
National Iranian Oil Company (NIOC) by exploring 4.9 billion barrels liquid hydrocarbon in 2019, is standing on top of oil giants in the world. Managing director of National Iranian Oil Company for explorations affairs Saleh Hendi said that based on ‘Wood Mackenzie’ reports with regard to exploration of hydrocarbon resources …
Read More »Japan to Provide Long-Term Support to Mauritius after Oil Spill
Japan will provide long-term assistance to help Mauritius deal with the cleanup from an oil spill caused by the July grounding of a Japanese-owned freighter, the government’s top spokesman said Wednesday. Noting the assistance will not be restricted to preventing the further spread of the oil or its removal, Chief …
Read More »Japan to Send Third Relief Team to Mauritius in Wake of Oil Spill
Japan will dispatch a third relief team to Mauritius on Wednesday to help the island nation’s response to an oil leak from a Japanese freighter that ran aground in July. The six-member team will help conduct detailed investigations of mangroves, coral reefs, wildlife and seawater quality to assess the impact …
Read More »Iraq Ranks Sixth in the World as the Largest Oil Producer
The British investment site INN revealed that Iraq ranked sixth in the world as the largest oil producer, in addition to being the owner of the fifth-largest crude reserves in the world. In a report, the site said THAT Iraq ranked sixth in the world with the largest oil production …
Read More »Iran to Inaugurate Three giant Oil, Gas Projects
Three giant oil , gas and petrochemical projects will be inaugurated on Monday in the presence of Iranian President Hassan Rouhani through video conference. After the United States failed to activate trigger mechanism with the opposition of 13 members of the UN Security Council, now, a few days later, Iran …
Read More »Ship Leaking Tonnes of Oil Off Mauritius Splits Apart
A grounded Japanese-owned ship that leaked tonnes of oil near protected areas off the Indian Ocean island nation of Mauritius has split apart, with remaining fuel spreading into the turquoise waters. The bulk carrier struck a coral reef off Mauritius on July 25 and its hull began to crack after …
Read More »OPEC+ Panel Shifts Date of Next Meeting to Aug. 19
An OPEC+ ministerial panel monitoring the group’s oil supply reduction deal will hold its next virtual meeting on Aug. 19, a day later than previously planned, three OPEC+ sources told Reuters. The reason for the date change was not mentioned. OPEC+ has been cutting output since May to tackle the …
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