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BP plans for significant growth in deepwater Gulf of Mexico
 

BP plans for significant growth in deepwater Gulf of Mexico

Appoval of major expansion at Atlantis field supports strategy of growing advantaged oil production around existing production hubs. Recent BP break...

Iran to Diversify Petchem Portfolio
 

Iran to Diversify Petchem Portfolio

TEHRAN (Shana) --Official data indicates that petrochemical exports constitute a significant share in Iran’s non-oil exports. Iran’s Petro...

Trump Tweet Biggest Insult to US Allies in ME: Iran
 

Trump Tweet Biggest Insult to US Allies in ME: Iran

TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zanganeh said US President Trump's recent tweet on oil prices was the biggest insult to Wash...

Aghar Gas Output to Double
 

Aghar Gas Output to Double

TEHRAN (Shana) -- Sitting atop 18% of the world's proven gas reserves, Iran ranks the first in terms of holding natural gas in the world. Owing to...

Iran says Some OPEC Members Act in Line with US Policies
 

Iran says Some OPEC Members Act in Line with US Policies

TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zanganeh said: "Moving in line with US policies and subjective interpretation of the decisi...

Iran Petchem Targets Value Chain Completion
 

Iran Petchem Targets Value Chain Completion

TEHRAN (Shana) -- Completion of value chain, preventing sales of raw resources and materials and diversity in the production mix are keywords which ha...