TEHRAN (Shana) -- If Saudi Arabia undertakes Washington’s call to ramp up its crude oil output by 2 million barrels per day, it would be tantamount to calling on the Kingdom to step out of the Organization of the Petroleum Exporting Countries (OPEC), Iran’s OPEC governor Hossein Kazempour Ardebili said.
Saturday30 June 201820:00
TEHRAN (Shana) -- Deputy Petroleum Minister for International Affairs and Trading Amir Hossein Zamaninia says Iran must export its surplus gas output to Europe and other countries and exploit the item as a strategic lever to hold sway in the world.
Saturday30 June 201814:56
BANDAR ABBAS (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said the second phase of the Persian Gulf Star Refinery added 24 million liters of gasoline to the country’s daily production capacity, saying, “Securing the country’s self-sufficiency in gasoline production must be pursued in the auto-making industry.”
Thursday28 June 201819:04
BANDAR ABBAS (Shana) -- Iranian President Hassan Rouhani said the country’s total gasoline production capacity had increased by at least 45% since he took office in 2013, while Euro-4 and 5 gasoline production had increased 13-fold over the five years.
Thursday28 June 201814:54
TEHRAN (Shana) – The Islamic Republic of Iran has launched the second phase of the world's largest gas condensate refinery in its southern city of Bandar Abbas.
Thursday28 June 201814:28
TEHRAN (Shana) -- Iran's Amir Kabir Petrochemical Plant has planned to launch a natural gas liquids (NGL) project, NGL 2300, with an investment of 900 million euros.
Wednesday27 June 201817:37
TEHRAN (Shana) -- The CEO of Persian Gulf Petrochemical Industries Company (PGPIC) says the company was planning to bring its annual production capacity to 45 million tons by 2021.
Wednesday27 June 201816:44
TEHRAN (Shana) -- Spokesman of Rouhani Administration Mohammad Bagher Nobakht said the country's oil revenues rose by 74% in the first 3 months of the current Iranian calendar year which began on March 21 year-on-year.
Wednesday27 June 201810:25
TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said the 174th statement of the Organization of the Petroleum Exporting Countries (OPEC) confirms the body's decision on production policy back in October 2016.
Wednesday27 June 201810:11
TEHRAN (Shana) -- The National Iranian Drilling Company (NIDC) completed drilling of 43 oil and gas wells over the course of the first three months of the current Iranian calendar year which began on March 21.
Monday25 June 201815:47
TEHRAN (Shana) -- Inauguration of phases I and II of Bandar Abbas Gas Condensate Refinery has so far saved Iran over 5.4 billion dollars by preventing currency flight.
Monday25 June 201815:28
TEHRAN (Shana) -- Iran's Persian Gulf Petrochemical Industries Company (PGPIC) generated a total of 1.2 billion dollars in revenue over the first three months of the current Iranian calendar year which began on March 21, the company's CEO said.
Monday25 June 201814:54
TEHRAN (Shana) -- Iranian Oil Terminals Company (IOTC) is providing the infrastructure for boosting loading and storage capacity of Khark Oil Terminal to up to 700,000 barrels per day, IOTC CEO said.
Monday25 June 201814:42
Iran Targets LNG Markets
TEHRAN (Shana) -- Iran's Minister of Petroleum Bijan Zangeneh and Omani Minister of Oil and Gas Mohammed Al Rumhy recently agreed to finalize two supplementary documents to the gas contract the two countries have already signed.
Monday25 June 201813:40
TEHRAN (Shana) -- The compressed natural gas (CNG) industry is not as attractive as must be. Despite such advantages as low consumption, suitable price and being a clean fuel, CNG has not been welcomed due to its design and heaviness. But the development of adsorbed natural gas (ANG) technology has facilitated the storage of natural gas to power vehicles under lower pressure and higher safety at a larger capacity.
Monday25 June 201813:38
TEHRAN (Shana) -- Animation of 2015 Explosion at ExxonMobil Refinery in Torrance CA.137
Sunday24 June 201815:01
TEHRAN (Shana) -- The CEO of the National Iranian Gas Company (NIGC) said the company was preparing an electricity contract to sign with Georgia for export of 10% of the power it receives from Armenia in exchange for natural gas.
Sunday24 June 201812:37
VIENNA (Shana) -- The 174th Meeting of the Organization of the Petroleum Exporting Countries (OPEC)
Saturday23 June 201815:41
TEHRAN (Shana) -- The OPEC secretariat after the group's 174th meeting in Vienna