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Changuleh Oil Field Up for Investment

Changuleh Oil Field Up for Investment The Changuleh oil field, which is located in western Iran, is among fields envisaged by National Iranian Oil Company for development. After the new model of oil contracts, known as the Iran Petroleum Contract, was unveiled, Changuleh was among oil fields introduced for foreign investment. NIOC plans to

2019/08/26 38

88% of associated gases gathered in Maroon

88% of associated gases gathered in Maroon According to the National Iranian South Oil Company, Hamid Kavian said the company used to burn 2 million cubic meters of gas which caused many environmental challenges in the region. However, we have signed a contract with the Persian Gulf Petrochemical Industries Company and other petrochemical

2019/08/25 137

National Petroleum

National Petroleum Born in 1908, Iran’s petroleum industry went through ups and downs during the first four decades of its life. Throughout a forty-year period, oil-rich areas had been discovered in southwestern Iran, oil activities had expanded throughout World War I (WWI) and Iran had experienced a new monarchy system. In the wake of

2019/08/11 39

Egypt Petroleum

Egypt Petroleum Egypt sits atop 4.4 billion barrels of crude oil in place, and produces 650,000 b/d of crude oil and liquids. Egypt is the 6th largest owner of oil reserves in Africa and the largest non-OPEC oil producer in the continent. With a rated refining capacity of 720,000 b/d, Egypt is known as the largest African refiner.

2019/08/07 29

Repaired the VGC Controller of Siemens

Repaired the VGC Controller of Siemens South Zagros Oil and Gas Production Company has successfully repaired the VGC Controller of a Siemens turbine by relying on domestic capabilities.The project has saved the country over €28,000 in costs. This project was carried out by domestic experts for the first time in the country for SGT400

2019/07/06 53

Russia-Korea-Oil Triangle

Russia-Korea-Oil Triangle North Korean leader Kim Jong-un’s visit to Russia was significant on several fronts. Some had laid emphasis on the political aspects of this visit and its impact on future talks between North Korea and the United States. Some others mainly focused on Russia-North Korea ties and looked into their political and

2019/07/01 46

Turkey’s PP, PE markets at downturn

Turkey’s PP, PE markets at a standstill amid lingering downturn PP and PE prices have mostly recorded a new series of price cuts this week in Turkey in tandem with relentless drops in major global markets. The low season, coupled with a lack of supply concerns, has kept purchasing volumes hand to mouth ahead of the rerun of the elections

2019/06/24 52

Oild marketing in Mideast

Oild marketing in Mideast The Trump administration has imposed sanctions on Iran’s petroleum sector in a bid to zero the country’s oil exports and drive Iran and even the Organization of the Petroleum Exporting Countries (OPEC) out of the oil market. The dependence of nations on oil carries one single message: Threatening Iran,

2019/06/23 50

Egypt Petroleum and Refining Industry

Egypt Petroleum and Refining Industry Egypt sits atop 4.4 billion barrels of crude oil in place and produces 650,000 b/d of crude oil and liquids. Egypt is the 6th largest owner of oil reserves in Africa and the largest non-OPEC oil producer in the continent. With a rated refining capacity of 720,000 b/d, Egypt is known as the largest

2019/06/16 55

Strategic Catalysts until 2021

Strategic Catalysts until 2021 Processing natural gas into petrochemicals has become highly important, given that Iran sits on huge natural gas reserves and in view of the difficulty involved in exporting natural gas on one hand, and the need to create added value on the other. PRTC had been operating about methanol catalysts for over a

2019/05/06 80

Methanol Value-Chain Completion in Assaluyeh

 Methanol Value-Chain Completion in Assaluyeh  The CEO of Energy Sepehr Holding Company said the firm was planning to launch projects that would complete methanol production value chain in Phase II of Assaluyeh, southern Iran. According to the National Petrochemical Company (NPC) said plans were underway to complete the

2019/04/24 116

Global energy demand rose by 2.3 per cent in 2018

Global energy demand rose by 2.3 per cent in 2018 The global electricity demand grew by four per cent in 2018, thus pushing electricity towards a 20 per cent share in total final consumption of energy. Increasing power generation was responsible for half of the growth in primary energy demand. China, the USA and India accounted for about

2019/04/23 89
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