The two sides agreed to let NIOC set up a representative office in Iraq to facilitate activities by Iranian producers.
Read More »Iranian Firms Sign Contract on Supplying Catalysts for Methanol Production
Iran’s methanol production capacity stands at over five million tons per year.
Read More »S.Arabia. UAE Unable to Increase Oil Production
Enemies are waging a psychological war against Iran.
Read More »Iran may be Gearing Up to Reduce Nuclear Cooperation under JCPOA
Trump has vowed to drive Iran’s oil exports to zero by ending sanctions waivers to eight of Iran’s biggest oil clients.
Read More »Turkey Can’t Quickly Replace Iran`s Oil
Turkey’s refineries are not equipped to process crude oil from just any other country.
Read More »Oil Min. Departs for Oman for Energy Talks
Iran sits atop 11 percent of oil and 18 percent of gas reserves in the world.
Read More »Impossible to Exclude Iran from Oil Market
Anyone who uses oil as a weapon is bringing forward the death and collapse of OPEC.
Read More »Iran Considers Petchem Development in Coastal Regions of the Caspian Sea
Iran’s total petrochemical output stands at 55 million tons per annum of which a portion is consumed domestically and the rest exported.
Read More »Iran not Lagging Behind in Extraction from West Karoon Oilfields
West Karoon sits on over 70 billion barrels of oil reserves.
Read More »US Unilateral Decisions against Iran Ineffective
The OPEC Secretary General Barkindo was Iran to visit the 24th Iran International Oil. Gas. Refining and Petrochemical Exhibition.
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