Tuesday Dec 12, 2017

PetroEnergy Information Network


$5bn Package for Iranian Companies
TEHRAN (Shana) -- The third annual Congress of the Iran Petroleum and Energy Club (IPEC) was held October 10-12 in Tehran.
Sunday03 December 201714:54
Iran Oil Destinations
TEHRAN (Shana) -- Iran's oil export, on average, stands at 2.6 mb/d, 60% of which is destined for Asian markets and the rest ending in in European markets.
Sunday26 November 201714:45
​ Opportunities for Investment in Iran Oil Sector
TEHRAN (Shana) -- On the second day of the 3rd annual Congress of the Iran Petroleum and Energy Club (IPEC), senior managers from National Iranian Oil Company (NIOC), National Petrochemical Company (NPC), as well as representatives of foreign companies exchanged views about opportunities for investment in Iran's petroleum industry in light of challenges and advantages.
Sunday26 November 201714:41
Total Outlines Vetting Terms for SP11 Partnership
TEHRAN, (Shana) -- This is moment of truth for Iranian companies. France's energy major Total is legally bound to hire a local partner in the development of Phase 11 of South Pars gas field. The first post-sanctions project is providing Iranian firms with a golden opportunity to prove themselves.
Sunday15 October 201710:26
New Chapter in Iran-Brazil Oil Cooperation
TEHRAN, (Shana) -- Iran and Brazil have agreed to come closer as the latter has technology and the former is rich in hydrocarbon. Brazil's Minister of Mines and Energy Fernando Coelho Filho recently travelled to Tehran and met with Iran's Minister of Petroleum Bijan Zangeneh.
Monday09 October 201715:47
Iran Ready to Resume Oil Swap
TEHRAN, (Shana) -- Iran restarted crude oil swap from the Caspian Sea after a seven-year hiatus. The manager of the northern Iranian department of the Iranian Oil Pipelines and Telecommunication Company (IOPTC) says the company is ready to transfer imported crude oil. Hamid Hosseini said that the transfer operation from Neka Port would start upon an instruction by the National Iranian Oil Company (NIOC).
Sunday08 October 201714:06
Hamedan Supplies Fuel to 5 Provinces
TEHRAN, (Shana) -- Hamedan Province is one of the oldest places of living in Iran. The province is among Iran's major arteries. Due to its location on a corridor linking northern and southern provinces, it records more than 1,000 travels a day.
Sunday13 August 201715:35
Tehran, Seoul in $20mn Deal
TEHRAN, (Shana) -- Iran and South Korea have signed a $20 million agreement for the development of technical knowhow for mini-LNG ISO containers over a period of four years. This agreement on technical and research cooperation will facilitate international marketing for the two countries.
Sunday13 August 201715:14
Iran Regains Europe Market
TEHRAN, (Shana) -- Iran's oil exports to European buyers reached their post-sanctions highs in May, official figures show. According to these figures, Iran's Europe oil exports have also neared oil exports to Asian countries
Sunday13 August 201715:06
Half-Century-Old Bangestan Reservoir Undergoes Development
TEHRAN, July 24 (Shana) -- Ten giant oil fields in Iran account for the bulk of Iran's oil production. But these fields are all in the second half of their lifecycle. Insufficient investment in them, over years, has left their recovery rate at a low level. As a result pressure fall-off in these fields is highly likely while they have great potential for higher production.
Monday24 July 201710:50
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