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 »EU Welcomes Creating Committee to Review Agricultural Co-Op with Iran
An eight-member delegation accompany Jerzy Bogdan Plewa in this trip.
Read More »NPC Signs MoUs with Four Intl. Firms
Last year. Iran deployed 21 million tons of petrochemical products worth 9.4 billion dollars to international markets.
Read More »Germans Keen to Invest in Iran’s Petchem Industry
Venues for financing Iranian petrochemical projects are being investigated together with Linde.
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 »Sanctions Not Retroactive. No Worries for Investors in Iran
Sanctions are not retrospective and businesses created before imposition of sanctions are not affected by restrictions.
Read More »Next OPEC Meet Crucial for Oil Market Stability
Growth in Saudi Arabia. the region’s largest economy. is expected to slow to 0.4% this year.
Read More »Sanctions Create Opportunity for Expanding Iran-Russia Ties
Iran and Russia can take advantage of the opportunity provided by Western sanctions against the two countries.
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