The exploration director of the National Iranian Oil Company (NIOC) announced the completion of the largest two- and three-dimensional land-sea seismic survey project in the Paniz region of Khuzestan province, utilizing wireless technology.
IRAN Feed Atom
The spokesperson for Iran's Foreign Ministry dismissed claims made by Reuters regarding the halting of Iranian oil tankers, labeling them as fabricated, false, or biased reporting.
The head of the Iranian Parliament's Article 90 Committee stated that the Oil Ministry is seriously pursuing the collection of associated petroleum gas (APG) but emphasized that the process needs to be accelerated.
The Central Bank of Iran (CBI) said on Monday that petrochemical companies had failed to return some 30% of the hard currency they have earned from exports in the calendar year that started in late March 2024.
Iran has supplied 20.8 billion liters of liquid fuel to the country's power plants since the beginning of the current Iranian year (late March 2024), the head of the National Iranian Oil Products Distribution Company (NIOPDC) said.
The CEO of the South Pars Gas Complex (SPGC) announced great amount of savings resulting from the domestic production of strategic parts and equipment by local companies.
The project manager for the development of the Azar oil field has announced the successful completion of the commissioning and operational launch of the field’s gas facilities.
The minister of oil announced that an average annual investment of $19 billion is required over the next four years to achieve a daily production of 1.34 billion cubic meters of gas.
The South Pars gas field executive announced a strategic pressure enhancement project aimed at boosting recovery rates from 54% to 75%, generating $780 billion in economic value.
Iran says Washington's continuation of its so-called "maximum pressure" policy against Tehran is tantamount to "crime against humanity," stressing that the failed policy will not yield new results for Washington.
The head of maintenance engineering at the South Pars Gas Complex announced that major overhauls of the facility’s refineries will begin next Iranian calendar month.
The CEO of the National Petrochemical Company emphasized the pursuit of major objectives to establish a centralized HSE structure in the Asaluyeh region.
A faculty member at Allameh Tabataba'i University stated that the oil industry requires substantial investment, emphasizing that existing perspectives on concession agreements need revision.
The CEO of the National Petrochemical Company (NPC) emphasized the importance of the Petrochemical Industry Excellence Award, stating that the successful presence of petrochemical companies in various fields has driven industry players toward excellence and progress.
The head of maintenance engineering at the South Pars Gas Complex announced that major overhauls of the facility’s refineries will begin next Iranian calendar month.
The first domestically produced methanol synthesis reactor, which has been localized to prevent tens of millions of dollars outflow, was installed at the second phase of the Sabalan Petrochemical Complex.
The CEO of the National Petrochemical Company (NPC) announced that the total exports of the petrochemical industry over the past 11 months amounted to approximately $12 billion, of which $9.14 billion reinjected into the country’s economic cycle.
The National Iranian Oil Company (NIOC) has set the official selling prices (OSP) for Iranian crude oil in March. According to the company, Iran’s light crude oil will be priced $4.35 above the benchmark price (Oman/Dubai crude) for Asian customers.
The Economic Council, reviewed and approved a request from the Ministry of Oil to amend a previous resolution regarding a gas supply project for power plants on Kish Island and to invest in the development and operation of the Band Karkheh oil field.
The CEO of the South Pars Gas Complex highlighted recent production records, stating that work and production are central to the country’s economic development and progress.