A global shortage of heavy crude will create hurdles for America’s key refining belts just as they ramp up gasoline production for the summer.
In the Gulf Coast, dwindling heavy oil supplies have suppressed refining margins, while Midwest refiners may not reach the high run rates seen last...
Natural gas supply to West Azarbaijan Province is expanding and 11 more small towns and villages are now linked to the national grid, managing director of the National Iranian Gas Company said.
“Almost 310 villages (out of 3,200) in the province had access to natural gas up until 2013. The...
Isfahan Refinery is to build a unit to process its mazut output, managing director of the National Iranian Oil Refining and Distribution Company said.
A contract was signed last week between the refinery and Nargan Company to build the unit within three years with an investment of $670 million,...