The refinery’s products are expected to be sold domestically due to high quality and other refineries’ output will be exported.
Read More »Oil Prices Raised
Higher crude oil and gasoline stocks in the United States weighed on prices on Friday.
Read More »Output Deal Will Help Stabilize Global Economy
In November 2016. OPEC agreed to cut oil production by 1.2 million barrels per day to 32.5 million bpd.
Read More »Iran`s Electricity Export to Pakistan to Rise
Iran'.s electricity industry ranks 14th in the world in terms of output and 19th in terms of consumption.
Read More »Turkmenistan Looking for New Oil. Gas Fields
The world’s second biggest gas field. Galkynysh. is located in the eastern part of Turkmenistan.
Read More »China Postpone Plan to Launch Shanghai Crude Futures
Asia is becoming the world'.s biggest oil consuming region.
Read More »China-US Trade Tensions Big Worry for Global Outlook
The two largest economies need to sort out their differences for the wellbeing of the global community.
Read More »Plans to Develop Iran`s Shipbuilding Industry
The ISOICO is the only shipbuilding company in the region which builds and repairs ships at different scales.
Read More »Rising Demand for Oil Require $25 trillion investment
Renewable energy will gain a market share over the long term but it would not be dominant.
Read More »Iran’s Oil Output Increases Slightly
OPEC oil output also decreased by 220.900 b/d to 33.085 in December month-to-month.
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