Since the Joint Comprehensive Plan of Action (JCPOA) was accorded Iran’s petrochemical industry has been booming.
Read More »Lukoil Plans to Keep Output Steady with New Projects Outside Russia
Lukoil. a big oil products importer on the European market. would continue working on European projects and would keep its retail net in Turkey.
Read More »Oil Min: Iran Will Not Accept New Crude Cuts
Tehran has envisioned $130 billion in investment to develop its oil and natural gas fields.
Read More »TAPI Project Never Replaces Gas Imports from Iran for Pakistan
Iran has already built 900 kilometers of the pipeline on its own soil and is waiting for the 700-kilometer Pakistani side of the pipeline to be constructed.
Read More »KRG Independence Referendum Won`t Impact Iraqi Oil Production
The KRG in recent weeks has resolved a series of its disputes with oil and gas firms ahead of next week’s vote.
Read More »Bahrain: Oil will Keep Gulf Region Vital Globally
Oil will remain the most important commodity in the world.
Read More »No Problem in China’s Payment for Iran Petrochemicals
Iran exports almost half of its annual petrochemical output to China.
Read More »IEA Sees Risk of Volatile Oil Prices on Weak Upstream Investment
There are still not enough signs of investment beginning to return. and that raises the risk of tightening of the market in the next five years and a risk to the stability of oil prices.
Read More »Iran. Venezuela Discuss OPEC Output Cut. Global Oil Market
Iran is ready for any measure contributing to stability in the oil market.
Read More »Shell to Withdraw from Iraq`s Majnoon Oilfield
Malaysia’s national oil company Petronas holds a 30 percent stake in the field while the Iraqi government holds the remaining 25 percent.
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