The new projects will augment Iran’s crude output capacity by about 15 thousand barrels per day.
Read More »Iran`s Energy Prices Unchanged for Fiscal 2017
The cash subsidy scheme has created a big hole in government finances.
Read More »Karoun Petrochemical Co. Expanding Production
Iran holds 38% of the petrochemical market in the Middle East.
Read More »East Asian Companies Briefed on Iran Petroleum Contract
NIOC says a second list of qualified companies will be made available soon.
Read More »Iran Welcomes Russia in Europe Gas Transfer Plan
Russian companies have indicated interest in Iran’s gas development projects.
Read More »Iran Drills 231 km of Oil & Gas Wells in 9 Months
The NIDC owns 75 light. heavy and ultra-heavy onshore and offshore drilling rigs.
Read More »Iran’s Non-Oil Exports Exceed $35bln in 10 Months
Iran has stepped up efforts in recent years to enhance its non-oil exports and reduce dependency on its oil revenues.
Read More »Iran. Oman to launch joint auto plant
Iran and Oman have agreed to conduct joint venture in Chabahar Free Trade Zone.
Read More »Iran Greetes Gambia’s Peaceful Power Transfer
Jammeh left the Gambia on Sunday after finally conceding defeat in an election under increasing international pressure.
Read More »Dehloran Gas Refinery Project Gains Momentum
Resources from the National Development Fund of Iran (NDFI) and OIEC are being tapped to complete the project.
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