Oct 22, 2014
Iran to Boost CNG Share to 30%
TEHRAN Oct 22 (Shana)--Iran plans to increase the share of compressed natural gas (CNG) in its fuel mix to 30 percent, a senior official at National Iranian Oil Refining and Distribution Company said.
Iran Petchem Needs $70b in Investment
TEHRAN Oct 22 (Shana)--A deputy petroleum minister has said that Iran’s petrochemical industry needs 70 billion dollars in investment.
Bahregan District Preparing Oil Export Facilities
TEHRAN Oct 21 (Shana)--Head of Bahregan district at the Iranian Offshore Oil Company (IOOC) Mohammad Ali Rahimmieh has said the company is preparing the necessary infrastructures for taking oil from Azadegan oil field, the country shares with Iraq.
Falling Prices Shows Symptom of Illness
TEHRAN Oct 21 (Shana)-- Minister of Economic Affairs and Finance Ali Tayyebnia said he assesses falling oil prices positive, adding it shows that the economy of the country faces and illness that should be cured.
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Calling OPEC Emergency Meeting Not Reasonable
TEHRAN Oct 21 (Shana)--A senior energy expert has said that Iran should not make any hasty decision in order to persuade OPEC to hold an emergency meeting.
10:26 (Tuesday 21 10 14)
Gas Supply to Power Plants Saves Iran $5b
TEHRAN Oct 21 (Shana)--A deputy petroleum minister has said that gas supply to power plants saved Iran five billion dollars during the first half of the calendar year which...
Conditions Conducive to Domestic Manufacturing
TEHRAN Oct 20 (Shana)--Proper conditions have been created for Iranian manufacturers to boost the quality of their products, managing-director of National Iranian Oil Compa...
Iran Receives 3rd Tranche of Frozen Petrodollars
TEHRAN Oct 21 (Shana)--Iran has received the third installment of its oil revenues frozen in foreign banks, the Central Bank of Iran said in a statement.
Iran Petchem Set for Jump
TEHRAN Oct 20 (Shana)--A deputy petroleum minister has said that Iran’s petrochemical sector is poised to experience a fresh jump.
Shazand Petchem's H1 Exports at 0.2mt
TEHRAN Oct 21 (Shana)-- Shazand Petrochemical Company managed to export more than 222 thousand tons of petrochemicals, worth 240 million dollars, over the first six months...
Iran’s Share of World Petrochemical Output Inadequate
TEHRAN Oct 20 (Shana)--Iran’s share of world’s annual output of petrochemical products stands at just 2 percent which is relatively low when compared with the large volume ...
Freeing Oil Revenue Budget Essential
TEHRAN Oct 21 (Shana)--Oil revenue should be dropped from total budget as a way for coping with the fluctuations in world oil markets and reducing its impact on Iran’s econ...
Share of Renewables in Iran Energy Mix Rising
TEHRAN Oct 20 (Shana)--Renewable energy resources can play a bigger role in providing energy needs of the country given the existence of proper infrastructures in Iran.
Oil Equipment on Exhibit in Shiraz
TEHRAN Oct 20 (Shana)--The ninth exhibition of oil, gas and petrochemical industries and HSE opened in the southern city of Shiraz on Sunday. The event will run until Wedne...
Abadan Exports 1st LPG Cargo
TEHRAN Oct 20 (Shana)--The first LPG consignment was exported from NIOPDC’s branch in Abadan city, south of the country.
Iran Should Accept Market Terms
13:53 (Sunday 19 10 14)
KEPCO on Way to Prosperity
11:13 (Saturday 04 10 14)
Zanganeh in Sarakhs
Petroleum Minister Bijan Namdar Zanganeh visits Sarakhs in north Khorasan Province on Sunday, September 7, 2014. The visit came amid President Rouhani's trip to the province earlier this week.
Oil/gas processing at Nasr Platform
The five oil fields of Sivand, Dena, Alvand, Esfand and Ilam are located 25 to 33 km off Sirri island south of Iran. The oil and gas recovered from the fields are transferred to Nasr and Ilam platforms for processing to feed two petroleum separation plants in Sirri island.
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