The head of Iran’s National Petrochemical Company (NPC) has hailed the petrochemical sector’s exponential growth as a key achievement in the oil industry’s value chain, emphasizing its role in curbing crude sales
A representative from Sudan’s Ministry of Energy and Petroleum, who was a member of the delegation sent to Iran, said: We need Iranian knowledge and expertise to establish upstream oil industries
The production of heavy construction and mining machinery in Iran increased by over 15 percent in the first nine months of the current Iranian year (March 20- December 20,2024) compared to the same period last year
Iran’s steel producers ended 2024 with modest growth, as the country’s production of this key metal reached 31 million tons
As announced by the head of the National Iranian Steel Company, the country’s steel production capacity has hit 55 million tons
The Deputy Director of Drilling Operations at the National Iranian Drilling Company (NIDC) announced that 79 oil and gas wells have been drilled and completed across onshore and offshore regions of the country over the first 10 months of the current Iranian year (March 20-December 21, 2024)
According to OPEC’s first report of 2025, Iran maintained its position as the organization’s third-largest oil producer in December 2024, with an average daily production of 3.314 million barrels
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has reported a significant increase in exploratory drilling and investment calls during the first nine months of the current Iranian calendar year (March 20-December 20, 2024)
The head of Negin Makran Petrochemical Development Company announced that approximately €10 billion has been invested in the third petrochemical hub at Negin Makran in Chabahar. This investment aims to establish petrochemical complexes and complete the methane gas value chain, ensuring that raw petrochemical exports will cease upon completion of the hub’s phases
Production of copper cathode in Iran rose 3.2 percent in the first nine months of the current Iranian calendar year (March 20-December 21, 2024), as compared to the same period of time in the past year, Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has announced