Completion of the South Pars Offshore Section as well as 17 phases of the massive gas field by the end of President Rouhani’s second term in office to 2021.
Read More »Iran Starts Installation of Phase 11 Jacket
Iran’s Petropars Company has officially started operations to install the jacket of South Pars Phase 11 platform in the Persian Gulf.
Read More »Iran Installs Jacket in South Pars in Total’s Absence
The installation of the first jacket of Phase 11 of South Pars Gas Field started in the Persian Gulf at the order of President Hassan Rouhani to drill 12 wells. President Rouhani said in the videoconference to inaugurate the project that the job is being done in coronavirus time and …
Read More »Production of Extruder Blade Localized at Jam Polypropylene Plant
Experts at Iran’s Jam Polypropylene Plant have successfully localized manufacturing of an important part of an extruder machine.
Read More »Iran’s Non-Oil Exports Booming as Corona Fading Away
Governor of Central Bank of Iran [CBI] Abdolnaser Hemmati said that Iran’s non-oil export is booming as the coronavirus global pandemic is fading away.
Read More »Non-Oil Exports Booming as Coronavirus Cases Decline
Governor of Central Bank of Iran Abdolnaser Hemmati said that Iran’s non-oil exports are gaining momentum and booming after a downtrend in coronavirus cases in the country. He wrote on his Instagram page late on Tuesday that today, during the meeting of the Government’s Economic Coordination Headquarters in the presence …
Read More »Iran March-May Petchem Output up 6% Y/Y
The director of production control at the National Petrochemical Company said: From the beginning of this [calendar] year (March 20) to May 10, the country’s petrochemical complexes achieved a 6% increase in production compared to the same period last year. According to NPC, Seyed Jalal Mir Hashemi, referring to the …
Read More »Doroud, Arvand Oil Fields Up for Investment
The Doroud oil field, which is located in Kharg Island and northwest of the Persian Gulf, is among developed oil fields which the Iranian Offshore Oil Company (IOOC) presented to foreign investors within the framework of the new model of oil contracts – the Iran Petroleum Contract (IPC).
Read More »Iran’s Renewable Energy Capacity Increases Four-Fold in Five Years
Iran’s installed capacity of renewable energies has increased four-fold over the past five years, according to Deputy Energy Minister Homayoun Haeri. Haeri made the remarks during a ceremony on Tuesday in which the new head of Renewable Energy and Energy Efficiency Organization was introduced. He said that Iran’s installed capacity …
Read More »Oil Market Black Monday
The novel coronavirus drastically changed the consumption patterns of hydrocarbon products across the globe.
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