Iranian Offshore Engineering and Construction Company (IOEC) has started the construction of the country’s longest underwater gas transmission pipeline as part of a project to transfer gas to Kish Island power plants, IRIB reported.
News ID: 9766 Publish Date : 2020/07/25
The first project in the butane chain in Mahshahr will be ready for operation with the aim of commercial production of three important and new items, parallel with planning for realization of the second petrochemical leap in Iran, Shana reported.
News ID: 9723 Publish Date : 2020/06/26
An OPEC+ monitoring panel will meet next week to discuss the ongoing record production cuts to see how laggards in compliance are doing with making up for flouting quotas, but will not be making any decisions regarding the collective cut that was just extended through the end of July, five OPEC+ sources told Reuters on Friday.
News ID: 9715 Publish Date : 2020/06/14
Indian miner Vedanta Ltd reported a net loss of 125.2 billion rupees ($1.7 billion) for the fourth quarter of its financial year, compared with a profit of 26.15 billion rupees in the same period a year earlier.
News ID: 9690 Publish Date : 2020/06/10
Managing Director of National Iranian Oil Company (NIOC) says the oil industry’s flare gas waste in the previous Iranian calendar year (ended on March 19) declined by 25 percent compared to the preceding year.
News ID: 9674 Publish Date : 2020/06/10
Venezuela received a fourth products tanker from Iran overnight, with a fifth scheduled to moor by 1 June.
News ID: 9650 Publish Date : 2020/05/31
Indonesia's state-owned oil firm Pertamina will upgrade and expand its 348,000 b/d Cilacap refinery on its own, indicating that a delayed joint development with Saudi Arabia's state-controlled Saudi Aramco has fallen through.
News ID: 9641 Publish Date : 2020/05/31
The fourth ship of Iran's fuel-carrying flotilla berthed at Venezuela's port on Friday morning as an indicative of the resolve of two independent Iranian and Venezuelan nations to pursue the right to free shipment.
News ID: 9618 Publish Date : 2020/05/30
National Iranian Drilling Company (NIDC) dug and completed digging operation of 23 oil and gas wells during the first two months of the current Iranian calendar year (March 20-April 19), the company’s director for consolidated planning announced.
News ID: 9598 Publish Date : 2020/05/28
Iran’s Khazar Exploration and Production Company (KEPCO) has successfully put Iran-Amirkabir drilling platform into operation after four years, despite the U.S. sanctions.
News ID: 9594 Publish Date : 2020/05/28
Iranian President Hassan Rouhani ordered start of the jacket installation in the Block-B reservoir of South Pars gas field ‘s phase 11 of development via video conference on Thursday, Shana reported.
News ID: 9591 Publish Date : 2020/05/24
Strengthening domestic production and indigenizing the knowledge and technology for production of the products and equipment that Iran imports from other countries has become one of the major programs that the country is pursuing in recent years.
News ID: 9564 Publish Date : 2020/05/21
It has been few weeks since the rumors began spreading that Iran intended to ship several fuel consignments to Caracas to help alleviate Venezuela’s severe fuel problems.
News ID: 9538 Publish Date : 2020/05/19
Iranian Oil Minister Bijan Namdar Zanganeh has offered condolences on the passing of the country’s Governor to the Organization of Petroleum Exporting Countries (OPEC) Hossein Kazempour Ardebili, Shana reported.
News ID: 9523 Publish Date : 2020/05/16
He survived a bombing that left him badly wounded, and defended Iran’s oil interests through war and sanctions. Hossein Kazempour Ardebili, who died on Saturday, was one of the ultimate OPEC negotiators.
News ID: 9517 Publish Date : 2020/05/17
Iranian oil and foreign affairs ministers attended the funeral procession for Iran’s OPEC Governor Hossein Kazempour Ardebili which was held on Sunday in Tehran, Shana reported.
News ID: 9513 Publish Date : 2020/05/17
The output of Iranian petrochemical production units in the first 50 days of the current Iranian calendar year (started on March 19) increased by six percent compared to the previous year’s same period, Shana reported.
News ID: 9511 Publish Date : 2020/05/17
Oil rose as Saudi Aramco slashed its sales to key buyers and the IEA said that the market is showing signs of improving.
News ID: 9506 Publish Date : 2020/05/15
Tankoa Yachts S.p.A has reportedly introduced a new 50-metre all-aluminium superyacht S501. The yacht is nearing completing in Italy now after the relaxation of lockdown restrictions caused by the COVID-19.
News ID: 9504 Publish Date : 2020/05/15
Brazil's state-controlled Petrobras is touting China's persistent appetite for its pre-salt crude and is promising to boost supply if needed despite thinner sales margins.
News ID: 9500 Publish Date : 2020/05/15
