The OPEC 175th ministerial meeting held in Vienna at a time some member states were unhappy with unilateral decisions adopted by some fellow members without having won OPEC consensus.
Iran Fuel Conservation Company ( IFCC) has domestically manufactured a geothermal heat pump ( GHP) System.
A senior official with the National Iranian Oil Company ( NIOC) said the company would supply a million barrels of crude oil on Iran Energy Exchange ( IRENEX) on January 21.
T he three most closely watched Oil Market forecasters are all bracing for a significant upsurge in non-OPEC supply growth in 2019 but differ on the extent that global Oil supply will outweigh demand.
Iran’s Petrol production capacity stands at 76 million liters per day and its gasoil Output is 44 ml/d on average, which makes the country the largest producer of the items in the region.
Ethane Production capacity in Asaluyeh in the southern Bushehr Province will rise by 2 million tons per annum upon the inauguration of four new phases of the South Pars Gas Field in Persian Gulf in March.
The number of greenfield Oil and Gas projects to get their final investment decision could rise threefold in 2019 all over the world, Norwegian energy consultancy Rystad Energy has forecast.
An official with the Iranian Ministry of Petroleum said the country was not only self-sufficient in Petrol production, but had excess production capacity, which could be earmarked for exports.
The National Iranian Drilling Company (NIDC) has completed drilling operations for 123 Oil and gas wells over the course of the first 11 months of the current calendar year, which began on March 21.
The Federation of Energy Industries of Iran (FIEEI) in collaboration with ECO Secretariat, ECO CCI and ICCIMA (Iran Chamber of Commerce, Industries, Mining and Agriculture), Iran Energy Association and Iranian Biofuel Society is to hold the “2nd International ECO Energy Conference in Tehran on March 3 and 4.
