The refinery is currently supplying 25 per cent of the country’s gasoline demand.
Read More »Iran. Japan Mulling Two-Billion-Euro Joint Oil Project
Tokyo is going to continue its assistance of up to 40 billion Japanese Yen annually for the next four years starting in 2017.
Read More »Iran’s Crude Export Doubled After Lifting Sanctions: British Institute
It is no surprise that historically Iran’s national tanker line NITC is the largest provider of tonnage.
Read More »Iran-Azerbaijan Railway Construction Begins in North
Iran-Azerbaijan railway is part of a larger national development project called the North-South Corridor.
Read More »SP Oil Layer to Yield Crude Soon
The first FPSO is still en route to its operational location where it will become installed.
Read More »Iran’s New EOR Law Not in Conflict with IPC
Iran plans to invest $100 billion in upstream oil and gas projects by 2021.
Read More »Zarif: Need to Restructure ECO
The main purpose of the organization is to promote economic. technical and cultural cooperation among member states.
Read More »Aramco Buys $7b Stake in Petronas
Aramco will take a 50% stake in select ventures and assets in the refinery and petrochemical integrated development project developed by Petronas.
Read More »Saudis Prefer $60 Oil in 2017
OPEC officials have repeatedly said the group does not target a specific oil price.
Read More »US Senator: Turkey Seeks to `Absorb` Northern Syria
Turkey uses terrorist groups like ISIL and al-Qaeda to carry out ethnic cleansing in Northern Syria to pave the ground for Ankara'.s dominance there
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