Iran’s oil production fell slightly in July as output continued to suffer from the impacts of a war of aggression the country fought with the Israeli regime in June, and despite a general rise in production by members of the Organization of the Petroleum Exporting Countries (OPEC).
IRAN Feed Atom
Iran's petrochemical sector, under the Seventh National Development Plan, will require $24 billion in investment to increase nominal production capacity to 131.5 million tons.
The National Petrochemical Company plans to increase petrochemical production capacity by 35 million tons through 66 development projects under the Seventh Development Plan, aiming to reduce dependence on exports.
Tehran Oil Refining Company has launched its first phase of wastewater treatment project, replacing 15,000 to 20,000 cubic meters of municipal water with treated water, providing sustainable water supply for ancillary industries.
The National Iranian South Oilfields Co. has begun major overhauls on more than 100 processing units since early April, with 27 of them prioritized for their direct impact on oil production, the company’s head of industrial equipment and process machinery maintenance said.
The head of Iran’s Oil Refining Industry Employers Association said excessive consumption, fuel smuggling and weaknesses in the domestic auto industry are the main causes of the country’s gasoline supply imbalance.
overhaul of the Alvand offshore drilling rig is in its final stages in the Kish operational area and will soon join the Iranian Offshore Oil Co.’s drilling fleet.
Iran’s polymer production capacity has reached about 9 million tons per year, the managing director of the National Petrochemical Company (NPC) said on Sunday.
The National Iranian Gas Company (NIGC) has kept all refinery and transmission network overhauls on schedule this year, despite resource and parts constraints, according to Managing Director Saeid Tavakoli.
The Financial Intelligence Center reports that the Financial Action Task Force (FATF) has invited Iran for the first time in six years to lead negotiations.
The National Iranian Drilling Company reported a 17.5% increase in specialized drilling operations for client companies in the first four months of the current Iranian calendar year.
National Iranian Oil Products Distribution Co. deploys 18 mobile fuel stations at border terminals and parking lots for Arbaeen pilgrimage, citing increased fuel consumption in border provinces.
The overhaul of the fifth refinery of Iran’s South Pars gas field has been successfully completed, the manager of the refinery announced.
Iran’s oil exports remained steady at close to record highs in June, with new data showing the country shipped nearly 1.8 million barrels per day (bpd), TV BRICS reports.
The Makran region, strategically located along the Oman Sea coast, is crucial for Iran's economic and geopolitical stability, offering opportunities for sustainable development, investment, and technical and engineering exports.
Iran is turning to knowledge-based companies to help tackle its growing energy imbalance by promoting clean power generation, according to the head of the Industrial Development and Renovation Organization of Iran (IDRO).
Iran’s National Petrochemical Company (NPC) is seeking to attract $100 billion in domestic and foreign investment to complete semi-finished projects and expand the country’s petrochemical value chain, a senior official said on Tuesday.
Liquefied propane was the primary non-oil product exported by Iran in the first four months of the current Iranian calendar year, according to IRICA's head.
Gas Transmission Operations District 10 completed pigging operation on Sixth National Gas Pipeline in Bushehr Province under extreme heat to improve gas flow safety and reliability during peak consumption periods.
Iran's petrochemical industry, set to boost non-oil exports and foreign exchange, faces challenges like international sanctions and funding constraints, necessitating diversified strategies for investment attraction.
