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Category: Iran

Gas consumption hits record high in the country

Consumption of gas hit a record high in the country in the Iranian month of Day (from Nov. 21 to Dec. 24). Statistics show that…

Austrians interested in joint university activities with the Iran oil industry

Austrian companies are keen on joining academic activities in Iran’s oil industry, a visiting delegation from Vienna said. The willingness was signaled at the 4th Iran-Austria…

Serica Energy eager to invest in Iran’s oil-gas sector

Serica Energy says that the company is posed to have more interaction with Iran after the successful venture of the North Sea, Rhum Gas Field….

Iran, Italy sign €34mn contract in petro industry

A 34 million euro contract for engineering of polypropylene production from natural gas was signed between Ardebil Petrochemical Company and Italy’s Techint Engineering & Construction. Under the…

Iran Petchem Exports at $7b in 8 Months

Iran’s petrochemical exports hit 7 billion dollars in value in the first 8 months of the current Iranian calendar year which began on March 21,…

Iran’s first FLNG deal with Norway on hold

Iranian parliament’s energy committee has put the country’s FLNG deal with Norwegian Hemla Vantage on hold due to some issues regarding the contract terms, ISNA…

NPC in heated talks with Shell

 Iran’s National Petrochemical Company (NPC) has entered a new round of talks with Royal Dutch Shell, an NPC official said. Hossein Alimorad, director of investments…

Iranian light oil price at $62.03 in a week

Iran’s light crude oil price fell 71 cents in the week ended on December 8 to settle at $62.03 per barrel, Mehr news agency reported…

Iran to build 9,000 km high pressure gas pipelines

Iran has planned to lay 9,000 kilometers of high pressure gas transmission pipelines by 2025, an Iranian gas official said. Speaking to reporters Sunday evening,…

NITC awarded EU MRV Monitoring certificate

The National Iranian Tanker Company (NITC) has been certified by EU’s MRV Monitoring Plan for taking effective environmental measures including monitoring and reporting of its…

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