Ecuador has been in breach of its promised production limits every month this year.
Read More »TankerTrackers Blasts Pompeo for Lies about Iranian Oil Tanker
The TankerTrackers company lashed out at US Secretary of State Mike Pompeo for misusing the brand to foist his lies about the Iranian oil tanker Adrian Darya 1 which was seized in the Strait of Gibraltar by Britain in July and later released in August.
Read More »Iran Proposes Raising Share of Natural Gas in Global Energy Market to 30 Percent by 2040
Iranian Oil Minister Bijan Zangeneh proposed energy suppliers to try to increase the share of natural gas to 30 percent in the world energy mix by 2040.
Read More »Expanding Ties with Asian Countries Tehran’s Foreign Policy Priority
Iranian President. in a meeting with his Singaporean Prime Minister on the sidelines of the Eurasia Economic Union Summit in the Armenian capital city of Yerevan. underlined that Iran is after strong relations with Asian countries.
Read More »Iran. Armenia Discuss Economic. Energy Cooperation
Iranian Minister of Energy Reza Ardakanian and Armenian Deputy Prime Minister Mher Grigoryan. in a meeting on the sidelines of the Eurasia Economic Union Summit in the capital city of Yerevan. exchanged views on scores of economic and energy issues.
Read More »Iran Proposes Achieving 30% Share of Natural Gas by 2040
Iranian Oil Minister Bijan Zangeneh at the Russian Energy Week panel. while stressing depoliticization of energy sector. proposed setting the goal of achieving 30% share of natural gas in the world energy mix by 2040.
Read More »Non-Oil Exports from Iran’s Northwestern Province Up by 145%
Some 600.000 tons of non-oil goods worth $769 million have been exported from West Azerbaijan province of Iran in the past 6 months (March 21—September 22). which indicates a 145% rise in a comparison with the corresponding period in the last year.
Read More »Iran Builds $1.8B Oil Pipeline To Bypass Strait Of Hormuz
Iran is building an onshore oil pipeline worth US$1.8 billion to a terminal just outside the Strait of Hormuz. the most critical oil chokepoint in the world.
Read More »Contract Inked on Iranian Electropumps for Transfer of Crude from Joint Fields
The Petroleum Engineering and Development Company (PEDEC) has signed a contract with three Iranian firms for manufacturing and maintaining electropumps for Goreh-Jusk Oil Pipeline Project.
Read More »Iran Petchem Revenues to Hit $37b by 2026
The value of Iran’s petrochemical products would reach $37 billion by 2026. according to Iranian Oil Minister Bijan Zangeneh.
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