Deputy Director for Development and Engineering Affairs at the National Iranian Oil Company (NIOC) Reza Dehqan said that his country is steadily developing its oil and gas projects. reminding that Washington’s sanctions are nothing new to Tehran.
Read More »New York’s Largest Energy Storage System Powers Up
Key Capture Energy’s storage system supports the state’s ambition to install 3.000MW of energy storage capacity by 2030.
Read More »Iran`s Leading Petchem Plant Improves ICIS Ranking Despite Sanctions
The ICIS has ranked Iran’s Persian Gulf Petrochemical Industries Company (PGPIC) 35th in ICIS Top 100 Chemical Companies for 2019.
Read More »Iran Oil Industry Developing Despite Sanctions
A senior Iranian oil official said that the industry is developing in the country despite the US’ economic sanctions.
Read More »Iranian Companies to Stage Products. Capabilities at Exhibition on Syria’s Reconstruction
A host of Iranian companies and firms will participate at the 5th edition of Re-Build Syria Expo which is slated to start on Tuesday.
Read More »Russia’s Loan for Power Plant Construction in Southern Iran Finalized
Iran’s Minister of Energy announced that the formalities for a €1.2-billion loan were exchanged between finance ministries of his country and Russia. adding that Tehran will use the money for constructing a major electricity project South of Iran.
Read More »India’s Ruling BJP’s Ideological Allies Advise Modi to Ignore US. Go for Iranian Oil
An ideological affiliate of India’s governing has now come out and advised Prime Minister Narendra Modi to reconsider New Delhi’s decision. to ignore US demands not to purchase oil from Iran as it would represent a strategic setback for India.
Read More »The Concept of Peak Oil has Shifted
Long-term oil demand is expected to rise to almost 112 mb d by 2040.
Read More »Iran. Russia Discuss Closer Nuclear Cooperation
Iran and the Group 5+1 on July 14. 2015. reached a conclusion over the text of the JCPOA.
Read More »Iran`s Petchem Industry Needs $40bn for Significant Growth
Total feedstock volume of petrochemical units in the country stands at 650.000 barrels of oil.
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