oil

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Iranian Oil Minister Bijan Namdar Zanganeh said that his country is going to set up 2 petrochemical plants in the Northern provinces of the country near the Caspian Sea, adding that the new installations will be 100% eco-friendly and in full compliance with all environmental standards.
News ID: 6558    Publish Date : 2019/10/06

Iranian Oil Minister Bijan Namdar Zanganeh said the international energy market must be separated from politics and be shielded from outside interference.
News ID: 6554    Publish Date : 2019/10/02

The national budget law for the current Iranian calendar year (started on March 21) obliges the Oil Ministry to offer at least two million barrels of light crude oil , two million barrels of heavy crude oil and two million barrels of gas condensate at the international ring of Iran Energy Exchange (IRENEX) every month.
News ID: 6520    Publish Date : 2019/10/05

Iran is going to allocate all revenues from oil sales to the development projects following structural reforms in the next Iranian calendar year’s (March 2020-March 2021) budget bill, IRIB reported on Monday, quoting the head of Planning and Budget Organization (PBO) as saying.
News ID: 6511    Publish Date : 2019/10/03

To avoid future dependency on China for lithium batteries, Indian Oil Corporation Limited (IOCL) will reportedly make an alumina-based battery, which will be used for running electric vehicles.
News ID: 6280    Publish Date : 2019/08/29

Iranian Oil Minister Bijan Namdar Zanganeh reassured that the country’s oil output can increase to pre-sanctions’ volume 3 days after limitations are removed.
News ID: 6276    Publish Date : 2019/08/29

Iranian Oil Minister Bijan Namdar Zanganeh said that his country stands atop members of the Organization of the Petroleum Exporting Countries (OPEC) in production of gasoline, stressing plans to increase exports.
News ID: 6273    Publish Date : 2019/08/29

K enya's President Uhuru Kenyatta flagged off the country's first export shipment of oil Monday, more than 200,000 barrels of crude.
News ID: 6268    Publish Date : 2019/08/29

National Iranian Drilling Company (NIDC) has dug 124 oil and gas wells across the country during the past year, Shana reported quoting the managing director of the company as saying on Sunday.
News ID: 6245    Publish Date : 2019/08/26

The National Iranian Oil Company Exploration Directorate (NIOCEXP) announced on Monday that the company has found a new oil reservoir in Dezful in the Southwestern province of Khuzestan.
News ID: 6172    Publish Date : 2019/08/26

Hemedan, one of the 31 provinces of Iran, has exported 177,150 tons of non- oil goods worth 3 trillion rials (about $26 million) in the first 3 months of the current local calendar year (March 21-June 21).
News ID: 6170    Publish Date : 2019/08/25

Iranian companies will replace foreign firms in major oil and gas projects of the country after some international contractors slowed down their activities under unilateral pressures from the US.
News ID: 6150    Publish Date : 2019/08/24

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that the Europeans should show their seriousness about implementation of the Instrument in Support of Trade Exchanges (INSTEX) by ordering Iran's crude.
News ID: 6093    Publish Date : 2019/08/22

Iranian President Hassan Rouhani blasted the US economic terrorism which has targeted the ordinary people in Iran, warning that attempts to zero his country's oil exports may put the international maritime shipping in danger.
News ID: 6091    Publish Date : 2019/08/22

India’s ambassador to the US stated that Washington sanctions on Tehran are hurting his country which is finding it hard to replace Iranian oil imports.
News ID: 5835    Publish Date : 2019/08/07

The latest round of US tariffs on China could push Beijing to buy Iranian oil as a retaliationf, Bank Of America Merill Lynch announced.
News ID: 5787    Publish Date : 2019/08/06

Petroleum Development Oman, the largest oil and condensate producer in the sultanate, is on track to increase its output capacity by more than 10% to top 670,000 bpd in five years as it ramps up exploration activity and pumps more out of existing fields, a company official told S&P Global Platts.
News ID: 5777    Publish Date : 2019/08/06

The first de-mercaptanization unit of South Pars Phase 2 and 3 Refinery has so far gained 78 percent progress and will come on stream by the end of the current Iranian calendar year to March 2020.
News ID: 5669    Publish Date : 2019/08/01

The National Iranian Drilling Company has drilled and repaired 51 onshore and offshore oil and gas wells since the beginning of the current fiscal in March, the company’s deputy managing director for drilling affairs said.
News ID: 5659    Publish Date : 2019/08/01

India imported in June the highest volume of Venezuelan crude in 21 months, more than double the amount from May and more than 50% higher than in June 2018, Reuters reported on Monday, citing data provided by industry and shipping sources.
News ID: 5656    Publish Date : 2019/08/01

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