TEHRAN (Shana) -- Since taking office in 2013, the administration of President Hassan Rouhani has focused on putting an end on selling raw materials. ...

German export credit agency guarantees financing GE to supply 26 3.8-130-110HH turbines KIEV, UKRAINE – AUGUST 28, 2018 – GE E...

Longtail-1 well encounters approximately 256 feet of high-quality, oil-bearing sandstone Discovery is in southeast portion of Stabroek Block, near T...

Development drilling commences, facility construction under way; first oil in 2020 Production from three developments to exceed 500,000 barrels per ...

Hydrogenated hydrocarbon resin and halobutyl production capacity increased 90,000 tonnes and 140,000 tonnes per year respectively Meets growing dema...

TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zanganeh says the country's annual ethane production capacity will reach 17.6 million tons b...

TEHRAN (Shana) -- The National Iranian South Oil Company (NISOC) signed two contracts, totally valued at $1.2 billion, with the Persian Gulf Petrochem...

TEHRAN (Shana) -- Iranian President Hassan Rouhani officially inaugurated three petrochemical projects in Asaluyeh, southern Iran. The...

TEHRAN (Shana) -- Phase I of Damavand Petrochemical Utility Plant, to be officially launched on Tuesday, September 04, generates 648 megawatts of powe...

TEHRAN (Shana) -- Iran is to launch Phase III of Pardis Petrochemical Plant which accounts for 65 percent of the country's ammonia and urea export...

TEHRAN (Shana) -- The National Iranian South Oil Company (NISOC) is to sign two contracts, totally valued at $1.2 billion, with the Persian Gulf Petro...

TEHRAN (Shana) -- Iran holds about 67 billion barrels of oil in place in the jointly owned oil fields in the West Karoun area. Until 2013, Iran was ex...