Iran’s methanol production capacity stands at over five million tons per year.
Read More »S.Arabia. UAE Unable to Increase Oil Production
Enemies are waging a psychological war against Iran.
Read More »Iran may be Gearing Up to Reduce Nuclear Cooperation under JCPOA
Trump has vowed to drive Iran’s oil exports to zero by ending sanctions waivers to eight of Iran’s biggest oil clients.
Read More »Crude Oil Futures Lower as US. Saudi Poised to Fill Iran`s Supply Void
The number of rigs targeting gas rose by nine to 224. while the oil-directed rig total increased by 11 to 857.
Read More »Market Awaits Impact of Iran Sanction Waivers Expiration
EIA data showed the inventories jumped almost 10 million barrels last week.
Read More »Russia Reaches OPEC+ Oil Output Target by Late April
Russia is the only participant that can reduce production gradually as was the case in 2017.
Read More »Qatar Digs 80 New Gas Wells to Increase Its Production
Qatar Petroleum is a state-owned firm which carries out all the activities related to oil and gas.
Read More »Saudi Oil Exports below 7 Million bpd Till End of May
Saudi'.s oil production would be much lower than 10 million bpd until the end of next month.
Read More »New Petrochemical Plant will be Built in Western Iran
The petrochemical industry has played a key role in domestic economic growth.
Read More »Iran`s Non-Oil Exports to Turkey Surpass $2.3 Billion
Iranian and Turkish officials have already reached agreement to set up a joint bank.
Read More »