Production in Mexico has declined for 12 years in a row and this year will be less than 2 million barrels a day.
Read More »OPEC Oil Price Drops Below $50/bbl
The price for June futures of West Texas Intermediate (WTI) has grown by 0.58 percent and stood at $49.91 per barrel.
Read More »Iran Has %12.7 Growth in Steel Production
Ironstone is the main material to produce steel.
Read More »Iran May Expand LPG Export to India
Gas extraction from the giant South Pars field in the Persian Gulf has exceeded 550 million cubic meters per day.
Read More »SOCAR Boosts Caspian Resources Output
SOCAR uses Guneshli’s export revenue to subsidize the company’s less profitable onshore fields.
Read More »Iran`s May Crude Exports Set to Fall
In March. Iran loaded around 2.6 million bpd a day of both crude and condensate.
Read More »Bushehr`s Non-Oil Exports Soar by 47%
Gas condensates and petrochemicals are among main exported goods and products from Bushehr Province.
Read More »Zarif: 3-Nation Tour Aims to Boost Economic Ties
There is an opportunity for transit cooperation with Georgia by connecting the Black Sea to the Persian Gulf and the Indian Ocean.
Read More »Non-Oil Goods Exports from Iran`s Sarakhs Economic Zone Exceed $60mln
Sarakhs Zone is ready to accept and cooperate with foreign investors.
Read More »Iran Targets Milestone in Oil. Gas Production
Oil shipments from Iran reached a daily average of 2.6 million barrels in fiscal 2016-17.
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