Japanese engineering giant JGC Corporation is in advanced negotiations to upgrade the Tehran refinery.
Read More »Iran`s Crude Oil at $53
Iran'.s light and higher-value crude averaged $41 per barrel in 2016 and its heavy oil grade averaged $39.19.
Read More »Iran`s Crude Sales to Europe Raising
Iran has ramped up oil exports to European customers to 710.000 barrels per day
Read More »No Trouble with Gas Supply in Northern Provinces
Gas pressure in northern provinces is aligned with consumption and there is no trouble with that regard.
Read More »Tehran. Tokyo to Sign New Refinery Deals
Developmental and optimization projects as well as reduction of fuel oil mark are the main objectives in the Iranian industry.”
Read More »W. Azarbaijan Prov Non-Oil Exports Raised
In addition to Iraq. products were exported to Turkey. Afghanistan. Georgia and Turkmenistan.
Read More »Iran-Oman Chamber Calls for Launch of Chabahar-Muscat Container Shipping Line
Omani traders are very much intersted in making investments in Sistan and Baluchestan mines.
Read More »The Pillar of Revolution
Among Iran'.s policy makers. President Hashemi Rafsanjani'.s foreign policy and its effect on Iran'.s economy is so important.
Read More »Iran Could Absorb $20bn Foreign Investment
A number of European states. including Germany. Italy. Spain and the Netherlands. have obtained necessary licenses for investment.
Read More »Petchem Companies Struggle Against India Restrictions
Data shows that the international sanctions took a toll on Iran'.s petrochemical industry.
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