Iranian Oil Minister Bijan Namdar Zangeneh reassured that his country has mastered the ways to circumvent the US bans on its crude exports, reiterating that Washington will be unable to inflict a serious damage on Tehran’s huge oil industry.
News ID: 6595 Publish Date : 2019/10/09
A huge gas reserve has been discovered in Iran’s Southern province of Fars, after a year of extensive exploration in the region.
News ID: 6593 Publish Date : 2019/10/09
Oil prices increased on Tuesday as unrest in Iraq and Ecuador raised supply concerns, but worries about US-China trade negotiations capped the market’s gains after President Donald Trump said a quick deal was unlikely.
News ID: 6589 Publish Date : 2019/10/08
Iranian Minister of Petroleum Bijan Zangeneh said there had been talks with a number of domestic firms to develop the South Pars Oil Layer (SPOL), however no results have been obtained so far.
News ID: 6576 Publish Date : 2019/10/08
S audi Aramco’s trading arm bought 70,000 tons of naphtha from Indian Oil Corp on Friday at premiums not seen since 2013 as it seeks to plug a supply gap following Sept. 14 attacks on its facilities, trade sources said on Monday.
News ID: 6566 Publish Date : 2019/10/07
The diversity of petrochemicals produced in Iran is expected to be enhanced by 2025 as the country is planning to realize the sector’s second and third leaps by 2025.
News ID: 6564 Publish Date : 2019/10/06
The CEO of the National Iranian South Oil Company (NISOC) said the company was prepared to bring its oil production to maximum in the shortest time possible.
News ID: 6563 Publish Date : 2019/10/06
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
