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$100b Investment Potential in Petchem Industry
 

$100b Investment Potential in Petchem Industry

TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) says Iran's petrochemical industry has the capacity to absorb over 100 billi...

Major Gas Refiner Plans Enhanced Condensate Exports
 

Major Gas Refiner Plans Enhanced Condensate Exports

TEHRAN (Shana) – Iran's Fajr Jam Gas Refinery is renovating Siraf Export Terminal with the aim of boosting its gas condensate exports from t...

Oil Prices Gain On Supply Concerns In Iran, Libya, Canada
 

Oil Prices Gain On Supply Concerns In Iran, Libya, Canada

NEW YORK, July 9 (Reuters) - Oil prices gained on Monday, with U.S. crude ending a choppy session higher on expectations for a Canadian production out...

No Halt in South Korea Oil Purchase from Iran
 

No Halt in South Korea Oil Purchase from Iran

TEHRAN (Shana) -- South Korean Embassy in Tehran announced on Saturday the country's purchase of crude oil and gas condensate from Iran was contin...

Iran Petchem Output at 13.2 mt in Q1
 

Iran Petchem Output at 13.2 mt in Q1

TEHRAN (Shana) -- Iran’s petrochemical facilities processed as many as 13.2 million metric tons of petrochemical products over the first three m...

Iran Calls on OPEC to Remind Members to Adhere to Production Quota
 

Iran Calls on OPEC to Remind Members to Adhere to Production Quota

TEHRAN (Shana) -- Iran called on the Organization of the Petroleum Exporting Countries (OPEC) to prevent some members from increasing their output wit...

IGAT-6 Gas Pipeline Fully Operational
 

IGAT-6 Gas Pipeline Fully Operational

TEHRAN (Shana) -- Iran has fully launched the 6th nationwide gas trunkline (IGAT-6) which bolsters the country's gas export capacity to Iraq. ...

Iran Oil Exports at 2.61mbd in June
 

Iran Oil Exports at 2.61mbd in June

TEHRAN (Shana) -- Iran's export of crude oil and gas condensate stood at 2.61 million barrels per day in June 2018. OPEC member Ir...

OPEC Agrees Modest Hike In Oil Supply After Iran Softens Stance
 

OPEC Agrees Modest Hike In Oil Supply After Iran Softens Stance

VIENNA, June 22 (Reuters) - OPEC agreed on Friday on a modest increase in oil production from July after its leader Saudi Arabia persuaded arch-rival ...

Iran Mulls Boosting Gas Exports to Armenia
 

Iran Mulls Boosting Gas Exports to Armenia

TEHRAN (Shana) -- An Armenian delegation is scheduled to visit Tehran during next week to discuss pricing of natural gas shipments from Iran, a gas of...

IGAT-6 Operational by March 2019
 

IGAT-6 Operational by March 2019

TEHRAN (Shana) -- Iran is to launch the 6th national gas trunkline (IGAT-6) by the end of the current Iranian calendar year to March 20 2019, facilita...

Abadan Refinery Poised for Euro-4 Petrol Production
 

Abadan Refinery Poised for Euro-4 Petrol Production

TEHRAN (Shana) -- Iran’s Abadan Refinery has increased its gasoline production capacity from below 10 million liters per day to 12 ml/d and is p...

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