Tag Archives: Market

The country’s heavy oil price was reported $38.96 on average since the beginning of 2016 until December 23.

Implementation of research project to identify gas shales has begun in Lorestan province and the Zagros basin.

The gas rally marks a dramatic turnaround for a market that tumbled to the lowest prices since the 1990s earlier this year amid a glut of supply.

The global spot market price for solar panels fell 2.4 percent to an average of 36 cents a watt on Dec. 28. according to PVinsights.

Major European companies including Royal Dutch Shell. BP. Total and Eni resumed buying Iran'.s crude oil last year as Iran ramped up oil sales to its traditional customers in Asia.

Daewoo Shipbuilding said the deal will help it make inroads into Iran'.s shipbuilding market. and export related equipment.

Iran has an abundance of natural resources. the world'.s second largest natural gas reserves and fourth largest oil reserves.

Next year could be a banner year for oil and gas companies who are looking for fresh equity.

The refining facility underwent great changes after long years of activity and was put into operation in May 2011 on the National Persian Gulf Day.

The Company is one of the successful ones in the region.