Refinery operations are set to begin in 2019. with petrochemical operations to follow six to 12 months later.
Read More »Iran Ranked 21st in Global Maritime Industry
Iran'.s name on the IMO white list is an indication of the country'.s special place in maritime industry.
Read More »Iran Discuss National Currency with Russia. Turkey
Iran has discussed trade in national currencies with Russia and Turkey in order to reduce the impact of U.S. dollar.
Read More »Shell will Open 1200 Gas Retail Outlets in India in 10 Years
Shell India has acquired land for 150-200 sites across the country and operates around 120 retail outlets.
Read More »Aramco`s First Delivery of Oil to RAPID Project
RAPID will contain a 300.000-bpd refinery and a petrochemical complex with a capacity of 7.7 million tonnes a year.
Read More »Saudi Arabia Wants Oil to Stay between $70-$80 A Barrel
Saudi Arabia still wants to keep oil prices as high as possible without offending Washington.
Read More »Iran. Azerbaijan Maritime Transport will Promote
Over 800.000 passengers cross Astara land border each year.
Read More »UK contributes to $500mn South African energy storage project
The British prime minister has announced that he will contribute $ 73 million (£ 56 million) to a South African energy storage fund.
Read More »PetroChina will Grow Natural Gas Output Faster Than Oil
LNG is playing an increasingly important role in China'.s energy security.
Read More »Oil to See Monthly Gain due to Escalating Supply Risks
U.S. prices have been supported by a drop in crude inventories.
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