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October 21,2020Oil byproducts worth $100 million were traded in the international ring of the Iran Energy Exchange in the month to October 18. Gasoline was at the top of list with total trade value of $27.3... -
October 21,2020Close to 90% of manufacturing and industrial units in 23 industrial towns across South Khorasan Province are connected to the national gas grid, the managing director of the provincial gas company... -
October 20,2020OPEC and allied producers have pledged action to support the oil market as concerns mounted that a second wave of the Covid-19 pandemic will hobble demand and an earlier plan to raise output from... -
October 19,2020Amine pumps used in the natural gas industry in the 9th South Pars Refinery have been indigenized by domestic engineers, director of the refinery said. "The pumps, intricate in terms of design and... -
October 17,2020An estimated 880 million cubic meters of gas will be injected into the Iran Gas Trunkline (IGAT) per day in winter (Dec 21, 2020 and March 20, 2021) to meet projected rise in winter demand, head of... -
October 13,2020More than 35 million cubic meters of gas is produced daily at the South Pars Phase 13 refinery and output is expected to rise to 50 mcm, the refinery manager said. “In the blueprint 38 wells are... -
October 02,2020The refinery of South Pars Gas Field Phase 14 will come online by mid-2021, project manager of the phase said. “Construction of the refinery has registered 84% progress,” Mohammad Mehdi... -
September 30,2020The wellhead Platform 7 of Hendijan Oil Field in the Persian Gulf was installed late on Monday, managing director of Iranian Offshore Oil Company, operator of the field, said. Weighing 1,000 tons... -
September 28,2020Covid-19 pandemic has raised natural gas consumption in the household sector by 30 million cubic meters per day over the past six months compared to a year ago, head of the National Iranian Gas... -
September 27,2020The Ministry of Economy on Sunday offered to settle payment to holders of Islamic bonds by delivering crude oil.
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September 16,2020So long as the Organization of the Petroleum Exporting Countries defends Iran’s legitimate interests alongside other members, Tehran will support the group, Iran's OPEC governor said. "All OPEC... -
September 14,2020The second gas unit of Qeshm Combined Cycle Power Plant in Qeshm Island, off the Persian Gulf, has come on stream. With a capacity of 170 megawatts, it was constructed by the private company and... -
September 13,2020The United Arab Emirates, currently OPEC’s third-largest producer, is estimated to have exported a lot more crude oil in August as it produced more than its quota under the OPEC+ deal, undermining... -
September 11,2020The first phase of a gas condensate loading and export facility became operational on Thursday in Dayrestan, a village in Shahab District, Qeshm Island in Hormozgan Province. The terminal has six... -
September 09,2020South Pars Gas Complex produces 650,000 barrels of gas condensates per day, a major part (500,000 barrels) of which is piped to the Persian Gulf Star Refinery in Hormozgan Province to be converted... -
September 07,2020Supplying natural gas, instead diesel and mazut, to power plants, has doubled to 200 million cubic meters per day since 2013, the National Iranian Gas Company chief said. “Natural gas accounted... -
September 02,2020Iraq is seeking exemptions from OPEC+ cuts in Q1 of 2021 and has discussed the issue with key producers in the 23-member coalition during three consecutive meetings, state-owned al-Sabaah newspaper... -
September 02,2020Gas supply to Sistan-Baluchestan, Iran’s second largest province, will be completed by 2023, head of the provincial gas company told a press conference. Reza Panjabi said pipe laying and... -
August 30,2020Gas extraction from the giant South Pars Gas Field in the Persian Gulf increased 150% over the last decade, managing director of Pars Oil and Gas Company said. “Output capacity has approached 700... -
August 23,2020Gas production from the third platform of South Pars Gas Field Phase 13 started on Friday, the operator said. “Gas from the satellite platform 13C is transferred to the 13A main platform via an 18... -
August 21,2020Oil products costing $108 million were traded in the international ring of the Iran Energy Exchange in one month to August 15. Heavy naphtha was the main item with a total of value of $36 million... -
August 19,2020Average daily natural gas has surpassed 700 million cubic meters, a spokesman for the National Iranian Gas Company said. Refineries produce 703 mcm of natural gas, which is about 11% more than the... -
August 18,2020OPEC and its allies have achieved the oil-market equivalent of a high-wire act: increasing supply even as demand remains depleted, without crashing prices. -
August 17,2020The National Iranian South Oil Company and Iran Central Oil Fields Company -- both subsidiaries of the National Iranian Oil Company -- signed contracts with 14 domestic oil and gas companies on... -
August 16,2020Iran Energy Exchange announced Sunday that the plan to offer parallel salaf contracts to be backed by crude oil exports has been postponed. In a notice on its website, it’s public relation office...
