Iran's Oil, Gas & Petrochemical Current News
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Two new appointments in Iran PEDEC
11 December, 2018
... the managing director of Iran’s Petroleum Engineering and Development Co. (PEDEC) appointed Ahmadraza Kiani as deputy managing director in development affairs ...
A new polystyrene plant to be built in Iran
10 December, 2018
... managing director of Iran Petropaak Mashreq Zamin Petrochemical Co., referred to the construction of a plant to produce General Purpose Polystyrene (GPPS) and High Impact Polystyrene ...
Iran Kian Petchem project not moving forward
09 December, 2018
... The project to construct Kian Olefins had been first raised in 2003. Talks had been frequently held with various local and foreign companies to implement this project between 2003 and 2008 ...
Iran petchems output hits 37 Mln tons in 8 months
09 December, 2018
Over the first eight months of current (Iranian) year (started late March 2018), Iranian petrochemical complexes produced 36.7 Mln tons, i.e. equivalent to %77 of their nominal capacity ...
How OPEC calculates the 800,000 bpd cutback shares
09 December, 2018
OPEC’s lack of transparency on how much its nations are supposed to be pumping has become almost infamous among oil traders, but on Friday the group eventually managed to provide a relatively comprehensible idea of its plans ...
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