TEHRAN (NIPNA) -- "Fortunately, what we see at the oil fair is that we have had good innovations in both upstream and downstream industries," said the vice president for economics.

TEHRAN (NIPNA) -- "This year, the Ministry of Petroleum will launch more than 40 new projects worth $30 billion, and our main reliance on equipment for these projects is domestic companies," Iranian Minister of Petroleum Javad Owji said.