The prospective phase is envisaged to produce 12 million liters of Euro-5 gasoline and diesel.
Read More »Markets are Tighten on Iran-US Tensions
Iran is also awaiting European guarantees on the sale of Iranian oil and banking relations.
Read More »Oil Minister to Attend JMMC Meeting in Algeria in September
The JMMC is chaired by Saudi Arabia and is due to meet next on Sept. 23 in Algeria.
Read More »Tabriz Refinery Signs Tail Gas Agreement
The optimization plan will help Tabriz Refinery to meet its target of reducing hazardous air pollutants.
Read More »President: US Should Know War with Iran Is Mother of All Wars
The Iranian president has warned the United States. stating that peace with Iran would be crucial for Washington'.s policies.
Read More »Hydropower Units Launched in Kermanshah Province
The project. which has generated a large number of jobs in the area. is hoped to develop agriculture and industries.
Read More »Iran. Sinopec in Talks over Yadavaran Oilfield
Production from all oilfields in West Karoun block is close to 300.000 barrels a day.
Read More »Iran May Plan Fiscal Budget on $55 Crude
Oil crashed to its lowest levels in over a decade in February 2016 from a high of $115 a barrel three years ago.
Read More »JCPOA Promotes Coop. on Peaceful Nuclear Energy
JCPOA reflects a culture of cooperation to ensure the peaceful use of nuclear energy.
Read More »South Pars Exports over 4m Barrels of Oil in 8 Months
Iran has been ramping up crude oil production to win back its market share since sanctions were lifted in January 2016 under a nuclear accord with P5+1.
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