Bidboland Refinery Signs Deal with Japan's Hitachi
Bidboland Persian Gulf Refinery has signed a new contract with Japan's Hitachi for supply of compressors.
(Jul 17, 2017 14:40)[ Click Count : 10 ]
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Petroleum Minister Backs Investment in PSEZ
Iranian Minister of Petroleum Bijan Zangeneh has voiced his support for investment of petrochemical projects at Parsian Special Economic Zone (PSEZ), saying the zone is the best place for petrochemical investment.
(Jul 17, 2017 14:38)[ Click Count : 12 ]
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Iran Mercantile Exchange Weekly Trade Exceeds $330mln
The Iran Mercantile Exchange (IME) announced that around $333.8mln of various commodities weighting over 572,768 tons were traded in its domestic trading and exports halls in the past working week (July 08-13).
(Jul 17, 2017 14:34)[ Click Count : 10 ]
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Iran Eying 10 Oil, Gas Deals by March
The government hopes to sign 10 major oil and gas deals by the end of its fiscal year (March 20, 2018) after concluding a landmark deal with French energy firm Total to develop a gas project in the Persian Gulf.
(Jul 17, 2017 14:26)[ Click Count : 11 ]
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Refinery to Raise Gasoline Output, Cut Mazut
Esfahan Oil Refinery Company’s collaboration with South Korea’s Daelim Corporation on optimizing the facility's processes will result in the production of about 8.5 million barrels of gasoline per day and lower mazut output to less than 10% of its total output, managing director of the National Iranian Oil Engineering and Construction Company said on Saturday
(Jul 17, 2017 11:32)[ Click Count : 15 ]
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Aramco to Launch Energy Industrial City in 2021
State oil firm Saudi Aramco said the first phase of a new energy industrial city in Saudi Arabia will be completed in 2021.
(Jul 17, 2017 11:30)[ Click Count : 16 ]
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MP Lauds Total Deal
A member of the Iranian Parliament said the deal National Iranian Oil Company (NIOC) has signed with France's Total will open the country to arrival of state-of-the-art technologies in oil industry.
(Jul 15, 2017 15:29)[ Click Count : 11 ]
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Iran to Launch 1st Polymer Park with Italian Petchem Giants
The Italian petrochemical majors, Versalis and Maire Tecnimont Group, have closed ranks with Iranian partners to build Iran’s first polymer park in Assalouyeh, southern Iran.
(Jul 15, 2017 15:18)[ Click Count : 13 ]
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Iran aims to bolster oil and gas production by 2021
Iranian deputy minister of Petroleum for Trade and International Affairs Amir Hossein Zamaninia announced that Iran intends to ramp up gas production by 202, Anadolu Agency reported.
(Jul 15, 2017 13:59)[ Click Count : 14 ]
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First VP: Iran's Contract with Total Complete Failure of US Sanctions Policy
Iranian First Vice-President Eshaq Jahangiri underlined that the country's contract with France's giant oil company, Total, to develop the phase 11 of the South Pars was the failure of the US sanctions policy against Tehran.
(Jul 15, 2017 13:57)[ Click Count : 15 ]
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