Total feedstock volume of petrochemical units in the country stands at 650.000 barrels of oil.
Read More »EU’s $15bn Credit Line Has Nothing Do to with Sanctions Relief
Iranian oil minister Bijan Zanganeh said Sat. the France-proposed $15 billion credit line for Iran has nothing to do with the easing of US sanctions on the country.
Read More »Iran Signs $440 Million Deal with Local Firm to Develop Gulf Gas Field
Belal. a field shared with Qatar. straddles the maritime boundary between Iran and Qatar in the Gulf.
Read More »Iran Sanctions Relief wouldn`t Prompt OPEC+ to Discuss Oil Cuts
Iran'.s crude exports and production have plummeted because of the sanctions.
Read More »Iran to Hand Gas Field Contract to Domestic Company
An Iranian company won the contract for the development of Balal Gas Field in the Persian Gulf. a senior oil official said.
Read More »OPEC+ will Discuss Deeper Oil Cuts on Thursday
The OPEC+ joint ministerial monitoring committee. known as JMMC. meets on Thursday in Abu Dhabi on the sidelines of an energy conference.
Read More »Iraq will Reduce Oil Production to Comply with OPEC Demands
Iraq is on track to produce nearly six million barrels of crude per day by 2030.
Read More »3 Days Enough For Returning Oil Production to Pre-Sanctions Era
The Iranian Oil Minister Bijan Namdar-e Zanganeh has said that the country can lift its crude oil production to the level before the US sanctions in less than 3 days.
Read More »Iran Capable to Restore Oil Output in 3 Days
Despite the US sanctions. many countries. including China. still continue oil imports from Iran.
Read More »Iran to Replace Foreign Firms with Domestic Companies to Develop Oil. Gas Fields
Iranian companies will replace foreign firms in major oil and gas projects of the country after some international contractors slowed down their activities under unilateral pressures from the US.
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