More refineries in Europe are at risk of permanent closures, with fuel demand on the continent falling again as major economies re-imposed lockdowns to fight the spike in coronavirus cases.

TEHRAN, Apr. 15 (MNA) – The director for gas supplying in National Iranian Gas Company (NIGC) Saeid Mo’meni said that the first phase of supplying gas to Chabahar Power Plant will be put into operation in the very near future. Transferring one million cubic meter of gas per day has been cited as the main […]

he CEO of Petrol Co. said Urmia Melamine, Ilam Polypropylene, Melamine Crystal Park and Lordegan Resin Urea parks are planned to be built in Iran in the near future. Rasoul Najafzadeh was quoted by SHANA as saying that Urmia Potassium Sulfate Unit would become operational by March with 400,000 tons/year of production capacity. He said Urmia […]

Persian Gulf Star Refinery in Iran’s southern province of Hormozgan is the first of its kind designed based on gas condensate feedstock received from the South Pars gas field which Iran shares with Qatar in the Persian Gulf.

Iran’s Oil Minister Bijan Namdar Zanganeh says the development plans of Phase 11 of the South Par gas field, in the Persian Gulf, are underway by domestic experts, with the aim of producing 1 billion cubic feet of gas per day. “The first stage of Phase 11 development is aimed at producing 1 billion cubic […]

Tehran  – Iran’s oil exports to the West surged in May to their highest level since the lifting of sanctions in early 2016 and almost caught up with volumes exported to Asia, a source familiar with Iranian oil exports said. Iran, which used to be OPEC’s second biggest oil exporter, has been raising output since […]