Tags - oil
Director-general of Khorramshahr Ports and Maritime Department said the first shipment of oil products to the United Arab Emirates (UAE) has been loaded and exported from the southwestern Iranian port.
News ID: 11228    Publish Date : 2023/12/07

During the past Iranian calendar week (ended on Friday), Iran Mercantile Exchange (IME) witnessed trade of 3,154,093 tons of commodities with a total trading value of nearly $712 million, posting growths of 18 percent and 20 percent in volume and value of trades compared with the week before that.
News ID: 11123    Publish Date : 2023/04/26

As stated by the managing director of the National Iranian Oil Company (NIOC), to materialize the company's plan to increase the country's oil and gas production capacity by 50 percent, it is required to invest $160 billion.
News ID: 11098    Publish Date : 2023/04/04

The managing director of National Iranian Oil Company (NIOC) emphasized the efforts of this company to realize the slogan of this Iranian calendar year (began on March 21) and said during the activity of the Ministry of Oil in the 13th government, increasing production in the oil and gas sector was a serious priority, and with the orders of the Leader, this sector put this strategic goal with all power on the agenda.
News ID: 11096    Publish Date : 2023/04/04

Iran’s First Vice President Mohammad Mokhber said on Sunday that the country is currently selling its oil in global markets and getting paid for it without any problems, Shana reported.
News ID: 10989    Publish Date : 2022/09/05

National Iranian Drilling Company (NIDC) dug and completed digging operation of 62 oil and gas wells during the first ten months of the current Iranian calendar year (March 21, 2021-January 20, 2022), an official with the company said.
News ID: 10538    Publish Date : 2022/01/25

Managing Director of National Iranian Oil Company (NIOC) has said his company is going to benefit from the potentials of the country’s private sector to maximize oil and gas condensate sales in the future, Shana reported.
News ID: 10450    Publish Date : 2021/10/17

Iran produced 2.485 million barrels per day (bpd) of crude oil in July, registering a 28 percent increase compared to the same month in 2020, according to OPEC’s latest monthly report published on August 12.
News ID: 10295    Publish Date : 2021/08/23

Iran produced 2.084 million barrels per day (bpd) of crude oil in January, registering a 62,000-bpd increase compared to the last month of 2020, according to OPEC’s latest monthly report published on Thursday.
News ID: 10165    Publish Date : 2021/02/12

National Iranian Drilling Company (NIDC) dug and completed digging operation of 117 oil and gas wells during the first nine months of the current Iranian calendar year (March 20, 2020 – January 19, 2021), according to the managing director of the company.
News ID: 10154    Publish Date : 2021/02/09

The chairman of state-run Hindustan Petroleum Corp said that the Indian refiners will resume imports of Iranian oil if the United States eases sanctions against Tehran, Reuters reported.
News ID: 10124    Publish Date : 2021/02/06

Iranian Finance and Economic Affairs Minister Farhad Dejpasand said that the plan for offering oil via salaf bonds in Iran Energy Exchange (IRENEX) is temporarily stopped, Tasnim news agency reported.
News ID: 9868    Publish Date : 2020/08/30

Brazil's state-controlled Petrobras is touting China's persistent appetite for its pre-salt crude and is promising to boost supply if needed despite thinner sales margins.
News ID: 9500    Publish Date : 2020/05/15

Iran’s foreign non- oil trade stood at $3.58 billion in the month ending April 19, indicating a 27% decline compared with the same period of last year.
News ID: 9424    Publish Date : 2020/05/08

Since the start of the current Iranian calendar year (March 20), Iran Energy Exchange (IRENEX) has held two offerings of gas condensate and three offerings of Mazut (fuel oil ) at its international ring, National Iranian Oil Company (NIOC)’s representative in IRENEX announced.
News ID: 9415    Publish Date : 2020/05/09

The impact from the Covid-19 pandemic will continue to pressure global oil prices but a shift in consumer patterns because of lockdowns may weigh on oil demand in the longer term, according to research by China's biggest state-controlled refiner Sinopec.
News ID: 9387    Publish Date : 2020/05/08

UK bank HSBC has accused Singapore oil trading company Zenrock Commodities Trading of dishonestly obtaining multiple sources of financing for crude cargoes, according to court documents seen by Argus.
News ID: 9378    Publish Date : 2020/05/08

A sudden rush for cash across the US independent refining sector has not stopped interest in mergers and acquisitions, executives said during earnings calls this week.
News ID: 9367    Publish Date : 2020/05/07

Oil rose above $31 a barrel on Wednesday as hopes for a recovery in demand as some countries ease coronavirus lockdowns offset a report showing a higher-than-expected rise in US inventories.
News ID: 9363    Publish Date : 2020/05/06

UK-based bank HSBC has filed a court application to place Singapore-based trading firm Zenrock Commodities under judicial management, piling further pressure on the city-state's oil trading sector following the collapse of counterpart Hin Leong last month.
News ID: 9349    Publish Date : 2020/05/06