Petroleum
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Unfinished Petroleum Projects Worth $8b to Be Completed by March 2023
EghtesadOnline: Several unfinished petroleum projects worth $8 billion are scheduled to be completed by the end of the current Iranian year (March 20, 2023), the 0il minister said.
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Iran, China Discuss Avenues of Expanding Petroleum Cooperation
EghtesadOnline: The oil minister-designate, Javad Owji, met Deputy Director of the Middle East Division of China National Petroleum Corporation Libin Zhang in Tehran on Thursday, in his first…
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Iran, China Discuss Avenues of Expanding Petroleum Cooperation
EghtesadOnline: The oil minister-designate, Javad Owji, met Deputy Director of the Middle East Division of China National Petroleum Corporation Libin Zhang in Tehran on Thursday, in his first…
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RIPI Produces Wellhead Valve Lubricants
EghtesadOnline: The center for development of downstream petroleum industry at the Research Institute of Petroleum Industry is producing lubricants for wellhead valves, director of the research…
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TSE Notches Up 0.5%
EghtesadOnline: The main index of Tehran Stock Exchange, TEDPIX, gained 7,727.15 points or 0.53%, Tuesday to end trading at 1,473,701.9.
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Aras Free Zone Has Own Oil Refinery
EghtesadOnline: Amini refinery opened in Aras Free Zone on Wednesday with annual capacity of 200,000 tons of petroleum, including gasoline, diesel, naphtha, kerosene and bitumen, managing director…
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Kish Power Plants Cut Diesel Use
EghtesadOnline: Supplying associated petroleum gases from oilfields in Sirri Island to thermal power plants in Kish Island over the decade has significantly cut the use of high levels of diesel,…
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Oil Derivatives Worth $133m Sold via IRENEX in 1 Month
EghtesadOnline: Petroleum products valued at $133 million were traded in the international ring of the Iran Energy Exchange in the fiscal month ending May 16.
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Iran Oil Derivative Exports Resume
EghtesadOnline; Export of petroleum products including mazut, diesel and gasoline that was interrupted in the past several weeks is gradually getting back to normal, spokesman of the Petroleum…
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NIOC Halts Selling Liquefied Fuel on IRENEX
EghtesadOnline: Due to the big increase in liquefied fuel consumption over the last few weeks, the National Iranian Oil Company has stopped selling diesel and mazut on the Iran Energy Exchange,…
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Nationwide Oil, Derivatives Supply at 100 Billion Liters
EghtesadOnline: The Iranian Oil Pipeline and Telecommunication Company has supplied close to 100 billion liters of crude and petroleum products nationwide since March 2019, managing director…
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US Penalties ‘Have Not Deterred Much’ of Sino-Iran Oil Trade
EghtesadOnline: Newly announced US sanctions aimed at harming petroleum and petrochemical trade between Iran and China will not substantially impact China's status as the top importer of Iranian…
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Liquid Fuel Export Comes to the Rescue
EghtesadOnline: Boosting output of petroleum products is a declared policy of the government and has generated $9 billion from exporting liquid fuels, managing director of National Iranian Gas…
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Iran's NIOC Generating Revenues via New Channels
EghetsadOnline: The National Iranian Oil Company raised $700 million in revenues by selling oil and petroleum byproducts in the capital market in the past eight months, the managing director…
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Half of Iran's 'Non-Oil' Exports Petroleum-Based
EghtesadOnline: Some 50% of Iran’s "non-oil" exports actually consist of petroleum-based products and petrochemicals that either directly or indirectly come from the oil industry.
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Iran's Uptrend in Petroleum Production and Export
EghtesadOnline: Iran's oil refining capacity has reached 1.95 million barrels per day, indicating a 100% increase over the past four decades.
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Oil, Petroleum Supply Via Pipelines Increases
EghtesadOnline: An estimated 400 million liters of oil and other products are transported daily via pipelines, indicating a 65% rise over the last 40 years, managing director of the Iranian Oil…
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Iran Oil Swap Deals Await Renewal
EghtesadOnline: Crude oil and petroleum products’ swap deals have expired and are not extended yet, managing director of the Iranian Oil Pipeline and Telecommunications Company Abbas-Ali Jafari-Nasab…