Iran Eyes 3.1 mbd of Refining Capacity

Iran will add 1.8 million barrels per day to its refining capacity to bring it to 3.1 mbd once several refinery projects come on-stream...

Mongolia, new buyer of Iranian crude

An NIOC official announced Iran and Mongolia have resumed negotiations on Iranian crude oil sales to the East Asian country through China’s route.

NIOC Mulls R&D Cooperation with Wintershall

A senior official with National Iranian Oil Company (NIOC) says the company is considering cooperation with Germany's Wintershall in research and development (R&D) projects.

Iran’s Oil Market Counter-Attack against Saudi Arabia

Iran’s oil production had sharply decreased in recent years, due to the sanctions imposed on the country for years, and Tehran is now trying...

Iran launches talks with Shell

An NIOC official has announced the launch of Iran-Shell talks on supplying oil to the Anglo-Dutch company’s refineries in South Africa.

India, Untapped Market for Iran Petchem Products

A senior Iranian petrochemical official says India is a major market for Iran's petrochemical products given New Delhi's 7% economic growth.

Iranian oil tankers free to cross Panama Canal

Iran and Panama have reached agreement on Iranian tanker ships crossing the Panama Canal and to register vessels under Panamanian flag.

5th South Park Refinery Breaks Gas Processing Record

The 5th refinery facilities of South Pars gas field registered a 55.9 mcm/d record in processing natural gas during the previous Iranian calendar year which ended on March 19, said the plant's director.

NPC in Talks with European Chemical Heavyweight

Managing director of Iran's National Petrochemical Company (NPC) said the company is in talks with a major chemical company from Europe for joining Iran's petrochemical projects.

Iran’s Centrifuges Can Improve Oil and Gas Industries in the Region

The spokesman for the Atomic Energy Organization of Iran (AEOI) Behrouz Kamalvandi said: “Iran’s centrifuge machines can help in the development of the region’s oil and gas industries at a reasonable price.”

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