Iran’s petrochemical production capacity will increase to 140 million metric tons (mt) per year in the next five years and at the end of the 7th National…
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IRGC Commander Major General Hossein Salami appointed Brigadier General Abdolreza Abed as the new commander of Khatam-al Anbiya Construction Headquarters.
General Abed has been…
The SHASTAN Trading Investment Company deputy on Monday invited domestic and foreign investors to take part in the first phase of a refinery-integrated petrochemical plant project in…
Iran’s National Petrochemical Company (NPC) managing director on Monday said the gap between the industry’s real output and installed capacity will be reduced.
Delivering…
The 14th Iran Petrochemical Forum (IPF) kicked off at IRIB International Conference Center (IICC) here on Monday.
Focusing on value chain and new opportunities,…
To date, Azerbaijan has oil reserves estimated at some 7 billion barrels and produces over 800,000 bpd. Most of this is exported as the country’s…
Iran’s Arya Sasol Polymer Company has moved toward developing its export marketing plan, said the ASPC managing director on Sunday.
Mohammad-Reza Heidarzadeh, added, “In…
The National Petrochemical Company (NPC) managing director on Sunday said the 14th Iran Petrochemical Forum (IPF) focusing on value chain and new opportunities will revolve around eight…
Iran’s president here on Saturday put great emphasis on boosting Tehran-Baghdad relations and promoting their cooperation in infrastructure fields, including water, electricity, gas, and energy sectors.
Most analysts expect the surprise additional OPEC+ cuts of 1.16 million barrels per day (bpd) between May and December to significantly tighten supply in the second half…
Brazilian environmental agency Ibama has recommended the rejection of state-run oil firm Petrobras’ request to drill a well in the mouth of the Amazon River Basin, documents seen…
The current Iranian calendar year 1402 (began on March 21) is named “Inflation Control, Production Growth” by the Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei.
Iranian President Seyyed Ebrahim Raeisi on Friday said oil and industry has had a “considerable role in the country’s average 4% economic growth since his administration took…
Oil and gas projects worth $15 billion will be inaugurated by the end of the current Iranian calendar year (March 19, 2024), vowed Oil Minister Javad Owji…
The precompression units of NGL 900 and NGL 1000 plants were inaugurated via videoconference by Iran’s President Seyyed Ebrahim Raeisi in southwestern province of Khuzestan on Friday.
Oil prices will pick up pace towards $90 a barrel over the course of this year as production cuts by OPEC+ and rebounding China demand shield against…
The U.S. crude oil being added to the global Brent benchmark will lack the list of cargoes scheduled to load that could help set the price, a…
Hungarian oil group MOL expects to be able to choose between Russian or non-Russian crude for its refineries by 2026, its Chairman and Chief Executive Zsolt Hernadi…
The executive operations of Sohrab oil field development project officially kicked off during the visit of Iran’s President Seyyed Ebrahim Raeisi to southwestern province of Khuzestan on…
Iran’s President Seyyed Ebrahim Raeisi on Friday inaugurated a project to boost extraction from joint Azadegan oil field in southwestern province of Khuzestan by 45,000 barrels per…