Iran has approved plans for several combined-cycle power projects. worth over $2.7 billion. through foreign funding.
Read More »Oil Minister: Iran Displays Industrial Prowers via South Pars
Phase III of Pardis Petrochemical Plant along with Kaveh Metanol Project are also nearly ready for inauguration.
Read More »SOCAR to Remain a Driver of Azerbaijani Chemical Industry’s Development
The chemical industry is very important for Azerbaijan.
Read More »Iran Targets Milestone in Oil. Gas Production
Oil shipments from Iran reached a daily average of 2.6 million barrels in fiscal 2016-17.
Read More »China Looks Away from OPEC for Oil Imports
Imports into China from non-OPEC countries has risen from just 34 percent to 43 percent over the last five year.
Read More »Iran sells 2.6 mb d Oil. Plans to Export Same Volume
Iran has planned to issue tenders on 49 oil and gas fields based on newly designed agreements.
Read More »IEA: Global Oil Market Now Close to Balance
The global oil market is close to balance after nearly three years of excess supply.
Read More »Saudi Aramco to Supply Full Crude Contract Volumes to Asia. Offers More Light Oil
Saudi Aramco plans to supply full volumes of crude to least six buyers in Asia in May.
Read More »NPC Selling 80% Stake in Damavand Petrochem Plant
Iran'.s annual petrochemical production capacity is around 65 million tons.
Read More »Iran`s Oil Ministry Will Buy Equipment from Domestic Firms
Iran also wants to expand the production of a variety of equipment. such as control valves. pipes. rotating machines.
Read More »