Energy
Oil production at West Karoun doubles
More than 305 thousand barrels of oil was produced per day at West Karoun oilfields in southwest of Iran over the month of Dey, i.e. late December to late January; nearly double as much as […]
Oil and Gas
Industries
Iranian insurance share of Oil business
An Iranian oil tanker had an accident in the China Sea, killing 32 and destroying its 60 million dollar cargo, Ebtekar writes. Abdolnaser Hemmati, Director of Central Insurance says that this oil tanker was operated […]
Energy
OPEC Doesn’t Want Brent Over $60 a Barrel, Says Iran’s Oil Minister
The Minister of Petroleum of Iran, Bijan Zanganeh, expresses concern about the rising price of the crude oil, believing that the strengthening global economy which increases demand could lead to more output from Shale producers […]
Energy
Naphtha demand might increase
Following the collision of the Iranian oil tanker with the Chinese ship, one million barrels of condensate, a hydrocarbon liquid used to make petrochemicals, were lost; apart from 32 missing crew members. Bloomberg reports about […]
Climate
32 missing after collision off China’s coast
Reuters reported that The Sanchi, an Iranian oil tanker, collided with the Chinese freight ship 160 nautical miles off the coast near Shanghai and the mouth of the Yangtze River Delta on Saturday evening, leaving […]
National News Review
Oil Minister criticizes managers’ skills
Etemad newspaper published portions of Bijan Zangeneh, the Minister of Oil’s talk at the National Conference on Recognition and Development of Future Managers. Mr. Zangeneh believes that management cannot be imported. Furthermore, no military academy […]
Energy
Iran builds refineries abroad
Iran newspaper announced negotiations between the Iranian government and six countries i.e. Malaysia, Indonesia, South Africa, Sierra Leon, Brazil and India for cooperation in the construction and the purchasing of shares of crude oil refineries. […]
Energy
Iran’s plan for reaching self-sufficiency in oil production
The National Iranian Oil Refining and Distribution Company (NIORDC) announced that only 17% of the gasoline used in Iran is imported. Based on figures released by this company, 81.3 million liters of gasoline are used […]