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Isfahan Refinery Supplies 24% of Iran Refined Products
 

Isfahan Refinery Supplies 24% of Iran Refined Products

TEHRAN (Shana) -- Isfahan Oil Refining Company (IORC) which started out in 1979 is currently supplying 25% of refined petroleum products needed across...

Iran Oil and Two World Wars
 

Iran Oil and Two World Wars

TEHRAN (Shana) -- Barely had two years passed since the construction of an oil refinery in the Iranian city of Abadan when World War I broke out. Late...

Estimated investments reduced by NOK 30 billion for projects in the implementation phase
 

Estimated investments reduced by NOK 30 billion for projects in the implementation phase

Equinor has reduced the estimated investments for operated projects in the development phase on the Norwegian continental shelf by some NOK 30 billion...

Iran Polymer Output Sees 10-fold Increase since 2002
 

Iran Polymer Output Sees 10-fold Increase since 2002

TEHRAN (Shana) -- The production of polymer products has grown 10 times since 2002, the first year IranPlast International Exhibition was held in the ...

Condensate Exports Down as Domestic Use Up
 

Condensate Exports Down as Domestic Use Up

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

Global oil and Asian product market, July
 

Global oil and Asian product market, July

TEHRAN (Shana) -- Dated Brent moved in a tight US$72-75/bbl range over the second 10 days of July. A slew of bearish events have hit the market since ...