Monday, September 26, 2022

Energy

Anti-Iran sanctions will be removed

The Iranian oil chief has said that the government and its nuclear negotiators have always been under the auspices of the Supreme Leader whose “expediencies and guidance” will help rid the country of sanctions.

Gas-sweetening solvents indigenized by Iranian researchers

Scientists at the Research Institute of Petroleum Industry in cooperation with the National Iranian Gas Company have indigenized solvents used in gas-sweetening units of refineries.

Iran launches world’s largest floating oil terminal in Persian Gulf

The 2.2-million-barrel floating oil storage unit (FSU) came on stream in Soroush oil region.

Tehran ready to ink regional convention on power plant safety: Iran nuclear chief

Iran is ready to create a regional safety convention for the supervision of the regional countries' power plant operations, said Salehi.

Pakistan will honor undertaking to lay gas pipelines on its side

Islamabad has said that it will fulfill its undertaking to lay gas pipelines on Pakistan soil, adding that gas imports from Iran will begin as of late 2016 or early 2017.

Iran starts laying new gasline to Iraq

The construction of the first pipeline which goes to Baghdad is almost complete and is to start carrying gas to the country by May, 2015.

Iranian oil exports to Asian states jump by nearly 20% in 2014

December oil imports into Asia rose 22.1 percent over last year to 1.21 million barrels per day, the highest since May.

Iran has signed a contract to buy FPSO vessel

Based on the contract signed of late, a floating vessel is to be used in the South Pars Gas field to exploit oil layers.

Iran parliamentary committee cuts National Development Fund’s share of oil

The share of National Development Fund of Iran from oil revenues has decreased to 20 percent from a previous 26 percent.

Enemy cannot prolong its pump war

Justice Minister Mostafa Pourmohammadi has said that Iran has managed to undo the destructive effects of the Western-imposed sanctions.

Sliding crude prices at the expense of alternative energies

Mohsen Renani, a university professor, says he does not buy arguments that Saudi Arabia has refused to reduce its output only to undermine Russia, Syria and Iran.

Tumbling oil prices have opened up an opportunity for Iran

Economy Minister Ali Tayyebnia has said that government is trying to turn the threat posed by falling oil prices into an opportunity for the country.

Iran to double renewable energy capacity, official

The Iranian government says it plans to double the capacity of wind and solar power generation across the country.

Common enemies use oil as political tool: Leader to Maduro

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei says enemies are using oil as a political tool to exert pressure on oil exporting countries.

Aligned OPEC members can stabilize oil prices: Iran

Iranian President Hassan Rouhani says collective efforts by OPEC member states can help stabilize global crude prices at a desirable level in 2015.

Iran, OPEC states pursuing sliding crude prices

Oil Minister Bijan Namdar Zanganeh has said that Iran and its fellow OPEC members are pursuing the issue of plummeting crude prices.

Falling crude prices unable to push Iran to soften tone

The Iranian oil chief has said that plummeting oil prices will not make the country change its steadfast positions and stances.

Oil price manipulation, too risky a gamble

An Iranian energy expert says Saudi Arabia’s deliberate manipulation of oil prices and its overproduction are to blame for the sharp pains the glutted market feels.

Iran to increase South Pars gas production by 100 mcm

Iran's oil minister has said that as promised before the country will increase its gas production from South Pars by 100 million cubic meters [per day] by yearend [March 2015].

Rafsanjani urges OPEC cooperation to prevent further drop in oil prices

Chairman of the Expediency Council Akbar Hashemi Rafsanjani has urged OPEC members to stand united and prevent further drop in oil prices.

Iran allots $15.2b to develop joint oilfields with Iraq

Iran has allocated USD 15.2 billon for the development of joint oilfields with neighboring Iraq as part of the Islamic Republic’s plans to increase its oil output.

Iranian parliament Committee to study Iran-Pakistan gas project delay

An Iranian MP did not rule out the possibility of a contractual penalty delay on Pakistan after it failed to honor its obligations under a joint gas pipeline project with Iran.

Iran raises daily gas output by 70m cubic meters

Oil Minister Bijan Namdar Zanganeh has said that Iran's gas output has surpassed 70 million cubic meters and is estimated to reach 100 million by year-end.

Iran sets its sights on joint oil fields

The Iranian government has devised special plans for the joint oil fields, trying to raise the country’s crude output in four years.

By 2040 countries lacking nuclear-generated electricity will fall apart

Production of nuclear energy is cheaper than wind and solar energies and is not tied to any specific climatic conditions.

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