IRAN Feed Atom

NPC: Petchem production capacity to hit 105m tons by year-end

1 year ago

1 May 2025

5:57 AM

The CEO of the National Petrochemical Company (NPC) announced that by the end of the Iranian calendar year 1404 (March 2026), the nominal production capacity of the petrochemical industry is expected to reach 105 million tons, with exports of approximately 34.8 million tons worth about $13.6 billion.

Tehran, Niamey to focus on oil, energy cooperation

1 year ago

30 April 2025

9:57 AM

Iran’s first vice president announced that Iran is ready to cooperate with Niger in agriculture and energy, adding that the two nations can also share expertise in new technologies and artificial intelligence.

GECF Secretary General extends condolences after tragic incident at Shahid Rajaee Port

1 year ago

30 April 2025

9:54 AM

The Gas Exporting Countries Forum (GECF) expressed deep sorrow over the deadly explosion at Shahid Rajaee Port in Bandar Abbas of Hormuzgan Province offering condolences to Iran’s government and people.

By Mahnaz Abdi New chapter opens in Iran-Azerbaijan trade, transport, energy ties

1 year ago

29 April 2025

4:52 AM

Iran and Azerbaijan are enhancing trade relations through joint projects, border trade exchanges, and transit corridor development, leveraging cultural, historical, and geographical similarities.

NIDC drills eight oil, gas wells

1 year ago

29 April 2025

4:42 AM

The deputy CEO of the National Iranian Drilling Company (NIDC) for drilling operations announced the drilling and completion of eight oil and gas wells using the company’s rigs during Farvardin (March 21–April 20), the first month of the Iranian calendar year.

Iran, Bolivia stress strengthening oil industry cooperation Iran, Bolivia stress strengthening oil industry cooperation

1 year ago

29 April 2025

4:22 AM

Iran’s oil minister emphasized the country’s readiness to expand and strengthen bilateral cooperation in oil, gas, refining and petrochemicals during a meeting with Bolivia’s minister of energy and hydrocarbons.

Oman eyes investment opportunities in Iran’s West Azarbaijan

1 year ago

28 April 2025

3:52 AM

The head of the Chamber of Commerce for Northeast Oman said Iran’s West Azarbaijan province offers exceptional development potential, adding that Oman is ready to invest in the region.

Specialized teams of Oil Ministry dispatched to Shahid Rajaee Port

1 year ago

28 April 2025

3:46 AM

The director-general of HSE at the Ministry of Oil announced the deployment of expert and HSE teams from the ministry and the National Iranian Oil Refining and Distribution Company (NIORDC) in response to the incident at Shahid Rajaee Port in Bandar Abbas.

Iran ready to export petchem products to Africa Iran ready to export petchem products to Africa

1 year ago

28 April 2025

3:44 AM

Iran’s first vice president announced the country’s readiness to accelerate Africa’s industrial growth through petrochemical exports.

South Pars gas platforms undergo major overhaul ahead of winter demand

1 year ago

27 April 2025

4:06 AM

Iran has launched its annual overhaul of gas platforms at the South Pars field to ensure stable output during the high-demand winter months, a senior official said.

Persian Gulf Star Refinery in safe condition

1 year ago

27 April 2025

3:59 AM

Persian Gulf Star Refinery is operating under safe conditions, and the explosion at Shahid Rajaee Port in Bandar Abbas of the southern province of Hormuzgan has no connection to the refinery’s oil storage tanks or facilities.

Karun Petrochemical Complex sets monthly isocyanate production record

1 year ago

27 April 2025

3:54 AM

The manager of Karun Petrochemical Complex announced that the facility broke Iran’s monthly isocyanate production record over the past four years.

Stability in PVC market as Arvand Petrochemical boosts production

1 year ago

27 April 2025

3:51 AM

Arvand Petrochemical has significantly increased production of various PVC grades by addressing challenges and implementing development strategies, playing a key role in stabilizing Iran’s PVC market.

IMF forecasts economic improvement for Iran by 2026

1 year ago

26 April 2025

3:56 AM

The International Monetary Fund (IMF) has projected a modest improvement in Iran’s economic outlook, with the country’s gross domestic product (GDP) expected to grow by 1.1 percent in 2026.

Iran aims to boost oil output by 400,000 bpd in 8 months

1 year ago

26 April 2025

3:54 AM

Iran plans to increase its crude oil production by 400,000 barrels per day (bpd) within the next eight months, according to the head of the National Iranian Oil Company (NIOC).

Coop with Russia, Eurasia to accelerate Iran’s transformation into regional energy hub

1 year ago

25 April 2025

7:00 AM

The CEO of the National Iranian Gas Company (NIGC) emphasized the need to achieve the objectives of the Seventh Development Plan, announcing the start of negotiations and operational measures to connect to Russian gas supplies.

Drilling begins on fifth infill well at South Pars field

1 year ago

24 April 2025

12:44 PM

The supervisor of the 35-well infill drilling project at South Pars Field announced that drilling has begun on the fifth well in the project, located in phases 15 and 16.

Paknejad: Iran-Russia annual trade could surpass $10b

1 year ago

24 April 2025

12:41 PM

Iran’s oil minister said the potential for trade and economic cooperation between Iran and Russia is far greater than $5 billion, adding that the goal is not just to reach $10 billion but to elevate relations to even higher levels through agreed-upon frameworks.

Daily production at SP gas field equivalent to 4.5m barrels of crude oil

1 year ago

24 April 2025

6:03 AM

South Pars field produces 4.5 million barrels of crude oil daily, supplying Iran's gas and gasoline production, and accounting for 40% of the country's consumed gas and gas condensates.

Tehran, Moscow commit to expanding bilateral cooperation, boosting trade Tehran, Moscow commit to expanding bilateral cooperation, boosting trade

1 year ago

24 April 2025

5:59 AM

Iran’s ambassador to Russia announced that Iran and Russia are determined to expand bilateral cooperation in various fields, including the International North-South Transit Corridor (INSTC), transit projects and gas transfers.

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Latest News of Oil, Gas and Petrochemical industry

IRAN Feed Atom

NPC: Petchem production capacity to hit 105m tons by year-end

Tehran, Niamey to focus on oil, energy cooperation

GECF Secretary General extends condolences after tragic incident at Shahid Rajaee Port

By Mahnaz Abdi New chapter opens in Iran-Azerbaijan trade, transport, energy ties

NIDC drills eight oil, gas wells

Iran, Bolivia stress strengthening oil industry cooperation Iran, Bolivia stress strengthening oil industry cooperation

Oman eyes investment opportunities in Iran’s West Azarbaijan

Specialized teams of Oil Ministry dispatched to Shahid Rajaee Port

Iran ready to export petchem products to Africa Iran ready to export petchem products to Africa

South Pars gas platforms undergo major overhaul ahead of winter demand

Persian Gulf Star Refinery in safe condition

Karun Petrochemical Complex sets monthly isocyanate production record

Stability in PVC market as Arvand Petrochemical boosts production

IMF forecasts economic improvement for Iran by 2026

Iran aims to boost oil output by 400,000 bpd in 8 months

Coop with Russia, Eurasia to accelerate Iran’s transformation into regional energy hub

Drilling begins on fifth infill well at South Pars field

Paknejad: Iran-Russia annual trade could surpass $10b

Daily production at SP gas field equivalent to 4.5m barrels of crude oil

Tehran, Moscow commit to expanding bilateral cooperation, boosting trade Tehran, Moscow commit to expanding bilateral cooperation, boosting trade