Posts Tagged “crude”

Iran sign 3 oil MoUs with Total and Shell

Iran sign 3 oil MoUs with Total and Shell

National Iranian Oil Company (NIOC) will sign into three accords with France’s Total and Royal Dutch Shell over development of three oil and gas fields of Iran. Following the signing of an Agreement in Principle (AiP) with France’s Total S.A. company on development of South Pars Phase 11, the French firm will seal two more…

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Iran Oil Revenues to Rise by $10bn Next Year

Iran Oil Revenues to Rise by $10bn Next Year

Minister of Petroleum Bijan Zangeneh said on Thursday as of next year, 10 billion dollars will be added to Iran’s oil income. In a televised interview, Zangeneh outlined Iranian oil diplomacy achievements, which excluded Iran from OPEC output freeze plan. Iran’s output will be 3.797 million barrels per day per an agreement reached in the…

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Photo: Iran’s Lavan Oil Refinery

Photo: Iran’s Lavan Oil Refinery

Lavan Oil Refining Company Date of Establishment: 1975 Production Date: 1976 Capacity:60,000 bpd Feedstock: Crude oil from Lavan, Condensate from South Pars Ownership: Private sector (under the supervision of NIORDC) Production Units Atmospheric Distillation, Vacuum Distillation, LPG Recovery, Naphtha Hydrotreater, Kerosene Hydrotreater, Gas OilHydrotreater, Catalytic Reforming (CRU),Isomerization and related utilities ISO Certificates ISO 9001 (2008),…

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Iran’s crude oil production in the Persian Gulf significantly increased

Iran’s crude oil production in the Persian Gulf significantly increased

An IOOC official said volume of Iran’s crude oil production capacity in the Persian Gulf has risen by 10 thousand barrels. Describing new plans to boost crude output in the Persian Gulf, Technical Director of Iranian Offshore Oil Company (IOOC) Manoochehr Davoodi said given the overhaul of a number of offshore wells in Ilam platform…

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Iran, main crude exporter to France

Iran, main crude exporter to France

Iran has become the first crude exporter to France in September, for the first time since the country began to export oil there after the sanctions have been removed on the country. Iran exported over 200,000 bpd t France The reports suggest that Iran’s export of oil to France hit just over 200,000 barrels per…

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Iran’s Crude Exports Stand at 2.44mbd

Iran’s Crude Exports Stand at 2.44mbd

Minister of Petroleum Bijan Zanganeh says Iran’s crude exports reached 2.44 million barrels per day as of October. Addressing a televised debate, Zanganeh said Iran’s oil production hit almost four million barrels per day in October. He dismissed the “sheer lie” report that he had met Egyptian counterpart Tarek El Molla and said, “I have…

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Iran crude exports hit five-year high

Iran crude exports hit five-year high

Iran’s August crude oil exports jumped 15 percent from July to more than two million barrels per day (mbd), according to a source with knowledge of its tanker loading schedule, closing in on Tehran’s pre-sanctions shipment levels of five years ago. The No. 3 OPEC producer has more than doubled its crude exports, excluding the…

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Iran’s Azadegan oilfield’s crude exports hit 8mb

Iran’s Azadegan oilfield’s crude exports hit 8mb

Iran has exported about 8 million barrels of crude oil from North Azadegan oilfield since the beginning of current Iranian calendar year (March 20), Shana quoted Keramat Behbahani, the operator of project for developing the oilfield, as saying on Tuesday. North Azadegan is one of the five oilfields, dubbed the West Karoun oilfields, Iran shares…

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