The CEO of the National Petrochemical Industries Company (NPC) described health, safety and environment (HSE) as an organizational value and said decisions in this area must be made in an integrated manner and aligned with national interests.
IRAN Feed Atom
Iran’s oil minister said discounts offered on Iranian crude sales have steadily declined over the past year, while early data from a new gasoline policy show lower fuel consumption, though he cautioned against drawing short-term conclusions.
Iran has increased its installed renewable and clean power generation capacity by 157 percent over the past year and a half, reflecting a steady expansion of wind and solar projects and a rising share of clean energy in the national grid.
The CEO of Ilam Gas Refining Company said extensive measures are underway to reduce gas flaring and protect the environment, noting that flaring at the complex has been cut by about 50% and is moving toward complete elimination.
Natural gas consumption in the household, commercial and small industrial sectors climbed above 655 million cubic meters on Monday as cold weather persisted across the country, according to data from the National Iranian Gas Company.
Iran’s petrochemical industry has invested more than $95 billion to date in the sector, with a further $24 billion in new investment planned under the country’s seventh National Development Plan, the head of the National Petrochemical Company (NPC) said on Sunday.
Iran’s oil minister issued a standardized Innovative Product Development Agreement, known as the PDA, to support the use of advanced products and expand domestic manufacturing by new technology-based firms (NTBFs) across the oil industry.
Iranian and Vietnamese officials and private-sector representatives discussed ways to expand joint investment and financial cooperation, with a focus on building long-term economic ties and using Vietnam as a gateway to Southeast Asia.
The managing director of Arvandan Oil & Gas Company said production has increased following the start-up and flow of Well 35 at the Darkhovin oil field after years of inactivity, adding 4,000 barrels per day to the company’s oil output.
Iran’s oil minister said the Ministry of Petroleum will remain committed to meeting its targets through the end of the 14th administration and stressed the need to accelerate implementation of Clause (B) of Article 15 of the Seventh Five-Year Development Plan.
The CEO of the South Pars Gas Complex said all 13 refineries at South Pars are on full alert and gas production is continuing steadily and without interruption, driven by the round-the-clock efforts of the complex’s skilled and committed workforce.
Iran and Belarus held the third virtual meeting of their joint oil industry working group to review progress and explore new opportunities for cooperation, focusing on implementing the bilateral oil memorandum of understanding between Iran’s Oil Ministry and Belarus’ Belneftekhim petrochemical association.
Iran’s National Iranian Gas Company expects household, commercial and small industrial gas consumption to reach about 650 million cubic meters by the end of the week, an official said Thursday, citing colder-than-average weather.
Iran is accelerating refinery upgrade projects under its Seventh National Development Plan, concentrating resources and management on three national priority initiatives, according to NIORDC’s chief.
Cumulative oil production from the Sepehr and Jofeir oil fields has surpassed 34.5 million barrels, according to a report presented at the 24th meeting of the Joint Management Committee for the fields’ development and production increase plan.
The chief executive of Shazand Oil Refining Company said liquefied petroleum gas flaring has stopped at the facility, marking the first time in a year that no LPG was burned and all output was sold.
The managing director of Iran’s Central Oil Fields Company said sweet gas produced at the Cheshmeh Khosh gas refinery and the NGL 3100 plant has been successfully injected into the country’s national gas pipeline.
The project manager for the Phase 13 development at the South Pars gas field said drilling has been completed and a new well brought online, increasing the field’s daily gas production capacity by 1.7 million cubic meters.
The head of the National Iranian Gas Company said gas deliveries to the petrochemical industry rose 19.4% above the company’s commitments despite the onset of colder weather this fall.
Iran’s oil minister said the country plans to build and commission over 1,000 kilometers of gas pipelines by year’s end to boost energy security and reliability during peak demand.