Tag Archives: SHANA

According to plans, Iran intends to increase output from the 11 oil fields located in West Karoun by 1 mb/d within four years.

The first phase of a gas sweetening project has been launced at No. 3 Complex of Maroon Oil and Gas Production Company (MOGPC).

NISOC was about to launch 7 project packages for maintaining and enhancing crude oil production in the fields it operates.

The center was able to overcome the sanctions by relying on the strength and diligence of the valuable local forces to effectively respond to the technological needs of the petroleum industry and play a decisive role in the national economy.

The output of Noori Petrochemical Plant stood at 106% of the planned output in the current Iranian calendar year which began on March 20, 2019.

Iranian Minister of Petroleum Bijan Zangeneh says OPEC+ could reach an agreement to consider deeper cuts in the group’s output before the end of March.

A sharp drop in aviation and transport demand has sent prices down by a third since January.

oil producers at OPEC had uniformly proposed a major cut in the group’s crude oil output, but waited for non-OPEC allies.

Iranian Minister of Petroleum Bijan Zangeneh says there is an oversupply in the crude oil market, saying OPEC and non-OPEC producers need to discuss how to ensure market balance.

The head of the Vienna Energy Studies Group underlines the importance of the upcoming OPEC meeting. saying: The coronavirus outbreak has ruined the demand for oil.