Iran’s total oil production currently stands at around 4 million bpd and its most important clients are China. South Korea. India and Japan. respectively.
Read More »Norway Proposes Survey Results for Iran Oil Field
NIOC and DNO signed memorandum of understanding (MoU) on November 17. 2016 for a survey on Changoleh oil field.
Read More »JCPOA Provides New Ground for Cooperation with Iran
Construction of the production unit began in October 2015. Some 20 herbal medicines will be processed in the factory.
Read More »Iran Makes Investment in New Petrochemical Hubs
In the current calendar year to March 2018. the completion of four projects which had remained incomplete will add two million tonnes to the country'.s petrochemical production capacity.
Read More »Gas Glaring of South Pars Envisaged to End in 2020
The fund is expected to raise $100 billion a year by 2020. with developed nations to make the most contributions.
Read More »Rising Gas Extraction from South Pars Field
It is estimated that the Iranian section of the field contains 14 trillion cubic meters of gas and 18 billion barrels of condensates in place.
Read More »OPEC Accord Increases Iran`s Petrochemical Export Value
OVer past four years. crude oil price had declining trend or from around $100 per barrel in year 1391 reached to less than 40 dollars in the year 1394. which affect world petrochemicals market as well.
Read More »Iran. Ghana Ink MoUs on Energy. Mining
According to a TPO official. the Iran-Ghana Joint Economic Cooperation Commission meeting will be held in Ghana in two months.
Read More »S. Korea Cooperation to Renovate Tabriz Refinery
Asian companies have actively sought downstream projects in Iran'.s emerging petroleum industry after the easing of international sanctions in January of last year.
Read More »Iran Attracts $15bn in New Oil Deals
The deal for phase 11 of the field marked the first by a major global energy company signed with Iran since the easing of sanctions against Tehran in January 2016.
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