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  • PKK claims responsibility for Iran-Turkey gas pipeline explosion

    PKK claims responsibility for Iran-Turkey gas pipeline explosion

    The Kurdistan Workers’ Party (PKK) has claimed responsibility for the Tuesday blast in the strategic pipeline delivering Iranian natural gas to Turkey. Natural gas exports from Iran to Turkey were halted early Tuesday after an explosion occurred in the pipeline just inside the border of Turkey. The explosion occurred near the Gurbulak border gate with […]

    Publish Date : 2020/04/04 Read More
  • Production of petrochemicals at 2% growth in 10 months

    Production of petrochemicals at 2% growth in 10 months

     Production volume of chemical and petrochemical products registered a 1.9 percent growth in 10 months of the current year (from March 21 to Jan. 20). Statistics showed that 45,885,000 tons of petrochemcials were produced from March 21, 2019 to Jan. 20, 2020, showing a 1.9 percent growth as compared to the same period of last […]

    Publish Date : 2020/02/29 Read More
  • North Azadegan oil output hits 100 mb

    North Azadegan oil output hits 100 mb

    Iran’s crude oil production at North Azadegan Joint Oilfield has reached 100 million barrels since 2016. According to the Petroleum Engineering and Development Company (PEDEC), as quoted by SHANA, Esmaeil Gholampour said Iran had so far reaped over 100 million barrels of heavy crude oil from the field since it started production back in April […]

    Publish Date : 2020/01/23 Read More
  • Oil Ministry sets up new initiative to back domestic manufacturers

    Oil Ministry sets up new initiative to back domestic manufacturers

     Iranian Oil Ministry has set up a new initiative to support domestic manufacturers by guaranteeing purchase of their quality items needed in the petroleum industry. Addressing the first innovation event of the Iranian Oil Ministry, dubbed ‘Petroleum Takeoff’, on Monday morning, Oil Minister Bijan Namdar Zanganeh said, “The first phase of nine contracts in the […]

    Publish Date : 2019/12/26 Read More
  • Pars petchem plant’s exports up by %21.5: CEO

    Pars petchem plant’s exports up by %21.5: CEO

    Despite the tightening of sanctions, exports of Pars Petrochemical Plant have increased by 21.5 percent in the past eight months of this year compared to the same period last year, according to its CEO. Speaking to reporters, as quoted by Shana, Massoud Hassani said the process of production and export of Pars Petrochemical Plant had […]

    Publish Date : 2019/12/14 Read More
  • Russian oil giants likely to invest $50bn in Iran’s lucrative oil industry

    Russian oil giants likely to invest $50bn in Iran’s lucrative oil industry

    TEHRAN, Apr. 04 (MNA) – Yuri Ushakov senior aide to the Russian President announced that Russia’s oil and gas companies can make huge investment, valued at more than $50 billion, in development of Iranian oil and gas fields. Given the above issue, Russia’s oil and gas giants are able to make huge investment for the […]

    Publish Date : 2018/04/09 Read More