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 »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 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 »What Negative Price Meant
On 20 April 2020, West Texas Intermediate (WTI) futures experienced unprecedented developments. WTI contract prices for delivery in May dropped to below zero.
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 »Oil Market Black Monday
The novel coronavirus drastically changed the consumption patterns of hydrocarbon products across the globe.
Read More »Fajr Jam Refinery Launches Solar Power Plant
Fajr Jam Gas Refining Company has officially opened a solar power plant in its facility.
Read More »IEF Secretary General Sends Letter of Condolences on Death of Veteran Iran OPEC Governor
Sun Xiansheng, Secretary General of the International Energy Forum (IEF), sent a letter of condolences to Iranian Minister of Petroleum Bijan Zangeneh on the death of Hossein Kazempour Ardebili.
Read More »Sec. Gen Sends Letter of Condolences to Zangeneh on Death of OPEC Governor
Mohammad Sanusi Barkindo, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), sent an official letter of condolences to the Iranian Minister of Petroleum Bijan Zangeneh to express his sorrow for the death of Hossein Kazempour Ardebili, Iran’s OPEC governor. The following is the full text of the …
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