Iran first OPEC member to produce, export oil processing catalysts
Iran has become the first member state of the Organization of the Petroleum Exporting Countries (OPEC) that can produce and export sophisticated catalysts used in oil and gas processing.
Germany urges Europeans to protect against US sanctions
TEHRAN (Iran News) – Germany have called on Europe to adopt protective measures against US sanctions after Washington managed to halt completion of a new submarine gas pipeline linking Russia directly to Germany. The bipartisan US move initiated by Congress last week threatened sanctions against companies working on completing Nord Stream 2, Europe’s biggest energy […]
Collecting associated gases in Kharg soon
TEHRAN (Iran News) – The CEO of Kharg Petrochemical Plant said the company is to launch a project for collecting associated gases in Khark Island by next week. Gholamreza Amirshaghaghi said on Wednesday that the company comprised NGL and methanol units and supplied items like methanol, propane, butane, naphtha, and sulfur, Shana reported. On the […]
US might topple Saudi Arabia as the world’s top oil exporter sooner than planned
Commenting on recent drone attack on Saudi Aramco Mehmet Ogutcu says prior to this attack, the US was planning to double its crude oil exports to 9 million barrels per day by 2024. That means the US might topple Saudi Arabia as the world's top oil exporter sooner than planned.
Geopolitical expert talks of US plan to grab Saudi oil share from global market
Anthony Cartalucci says it surely is no coincidence the US is targeting virtually every major energy producer from Iran, Venezuela, and Russia, but also including its own "allies" such as Saudi Arabia.
Iran oil industry developing despite sanctions: official
A senior Iranian oil official said that the industry is developing in the country despite the US’ economic sanctions.
2mn barrels of light crude at today’s energy exchange
National Iranian Oil Company will offer light crude oil at today’s session of Iran Energy Exchange (IRENEX).
PEDEC enhances Yaran joint oilfield output using mobile processing unit
In line with the efforts to boost the oil prodcution in major Iranian oilfields, a mobile oil separator (MOS) has been installed and launched in South Yaran Oilfield near the Iraqi border, an official with the Petroleum Engineering and Development Company (PEDEC) said.
Iran exempted from OPEC output cut deal again
Iranian Minister of Petroleum Bijan Zangeneh said the country was exempted from an agreement among OPEC members to continue capping the producer body’s crude oil output by 0.8 mbd.
Zangeneh Meets OPEC President in Vienna
Iranian Minister of Petroleum Bijan Zangeneh met with the OPEC President Manuel Quevedo, who is also Venezuelan Oil Minister, in Vienna ahead of the organization’s 176th Meeting on Monday.