Tehran is holding negotiations with New Delhi to build a $4.5b undersea gas pipeline from Iran to the Indian west coast, following upon India's previous rejection of an on-land pipeline passing through the Pakistani ...
Iran is finalizing negotiations with Europe to construct refinery units in several European countries that will process Iranian crude oil, and subsequently sell the refined products on local markets.
Iran will hold Iran Petrochemical Forum (IPF) on December 13th for some 300 Iranian and 100 foreign petrochemical enterprises seeking a boost to foreign investments in the sector.
Iran is taking steps to ramp up oil exports by 500,000bd ahead of the end of international sanctions, and to extend its crude contracts with Chinese buyers in 2016.
At the OPEC Summit, both Iran and Saudi Arabia said they would keep on pumping despite oil prices hovering near a six-year low as OPEC was not expected to curb the global supply glut.
Iran pitched up to 70 oil, gas, and petrochemical projects to foreign investors in an attempt to boost its energy production ahead of the early January deadline for lifting sanctions imposed over its nuclear program ...
Iran’s Oil Ministry has said that the construction of three petrochemical projects is nearing completion, with the projects to come on stream in the coming months.