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Iranian Minister of Petroleum Bijan Zangeneh said Bandar Abbas and Imam Khomeini refineries were to produce 700.000 tons per year of sponge and needle cokes in Iran.

A contract was signed between Petrochemical Research and Technology Company (PRTC) and Tabriz Petrochemical Company for building Iran’s first heavy polyethylene plant.

The plant had done great in the month of Dey (which begins on December 22 to January 20) and its sales had exceeded the plant’s output.

His company had planned to launch a project which would enhance its chlorine output breaking the country’s production record of the item.

Qatargas is delighted to conclude this new SPA with Shell.

Iran could support deeper cuts in crude oil output of the Organization of the Petroleum Exporting Countries (OPEC) if a majority of the members agreed with it.

The CEO of Lordegan Petrochemical Project said the plant’s construction was nearly complete (98%). adding the project would come online soon.

The purchase of the 8.1% interest will take the share of Siemens to around 67% in total.

The car. which is equipped with technologies such as GPS. radar. LIDAR and video cameras. drove from Bedfordshire to Sunderland.

It notes ``changes in the scale and composition of the oil and gas portfolio`` will be vital in reaching the target.