Tag Archives: Production

Annual report gives little away on IPO. but offers hints about downstream plans.

Last year the world’s carbon emission was flat from 2015. according to BP’s report.

Iran’s suggestion on making a free-nuclear-weapon zone in the Middle East is one of the brazen efforts of Iran in eliminating the threat posed by these weapons in the region.

The upward trend seems to be picking up speed. In April and May. imports surged to more than 180.000 barrels per day on average.

Iran’s annual petrochemical production capacity stands at 62 million tons and by the end of this year.

OPEC'.s second largest producer. after Saudi Arabia. Iraq seeks to boost its production capacity to 5 million barrels per day by the end of the year.

Iran has signed agreements with Turkish investors to develop 5.000 MW of new power capacity.

European firms as well as Asian enterprises have already expressed their willingness to play an active role in developing Iran'.s lucrative petrochemical market.

Russia has signed the Paris climate pact. but has not ratified it yet.

The two African countries. together with resurgent U.S. shale plays. could raise oil production by 1.6 million barrels a day this year.