oil

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Asharp recovery in oil product margins over July may lead Saudi Aramco and Iraq's SOMO to tone down the extent of price cuts on crude oil headed to Asia in September, a survey of market participants by S&P Global Platts showed this week.
News ID: 5655    Publish Date : 2019/08/01

National Iranian Drilling Company (NIDC) dug and completed digging operation of 41 oil and gas wells during the first four months of the current Iranian calendar year (March 21-July 22), ISNA reported.
News ID: 5615    Publish Date : 2019/07/31

The National Iranian Drilling Company (NIDC) has successfully spudded 41 oil and gas wells since March.
News ID: 5601    Publish Date : 2019/07/30

Beijing has largely defied Washington sanctions on Iran by continuing to import oil from the country even after the administration of President Donald Trump ended exemptions given to China for buying Iran’s crude in May, data provided by China’s customs authorities showed.
News ID: 5592    Publish Date : 2019/07/29

Iranian First Vice-President Eshaq Jahangiri underlined that his country's economy has remained stable one year after the US imposed the toughest embargos against Tehran.
News ID: 5582    Publish Date : 2019/07/29

China is still importing oil from Iran weeks after the US imposed sanctions aimed at halting sales of crude from the Persian Gulf nation, Official customs data showed.
News ID: 5529    Publish Date : 2019/07/28

American officials have issued a warning to European nations that they risk falling foul of sanctions on Iran if they press ahead with a barter system that could allow the export of Iranian oil .
News ID: 5526    Publish Date : 2019/07/28

China’s still importing oil from Iran weeks after the US imposed sanctions aimed at halting sales of crude from the Persian Gulf nation.
News ID: 5524    Publish Date : 2019/07/28

Head of National Iranian South Oil Company (NISOC) said the company has launched a project for composting oil well drill cuttings in order to manage drilling wastes, Shana reported.
News ID: 5464    Publish Date : 2019/07/25

Beijing strongly opposes US sanctions on a Chinese energy firm for ignoring boycotts on Iran’s oil sector, its foreign ministry announced on Tuesday.
News ID: 5447    Publish Date : 2019/07/24

The National Iranian South Oil Company (NISOC) CEO said biological waste management could halve drilling costs in oil projects, expressing optimism that all the country’s drilling fleet would be equipped with such systems.
News ID: 5446    Publish Date : 2019/07/24

Japan will continue importing crude oil from the Middle East despite escalating tensions in the Strait of Hormuz, but will also make efforts to diversify supply sources, Minister of Economy, Trade and Industry Hiroshige Seko said Tuesday.
News ID: 5440    Publish Date : 2019/07/24

China aims to list a new 0.5pc sulphur marine fuels futures contract by the end of this year.
News ID: 5434    Publish Date : 2019/07/23

Iranian Oil Minister Bijan Namdar Zanganeh said no country can replace Iranian oil in the global market, Mehr news agency reported on Sunday.
News ID: 5402    Publish Date : 2019/07/22

A Mobile Oil Separator (MOS) has been launched in South Yaran Oilfield.
News ID: 5387    Publish Date : 2019/07/22

Head of the Atomic Energy Agency of Iran (AEOI) Ali Akbar Salehi underlined the need for the country to shift to new energy resources, and said that nuclear power plants can help reduce Iran’s dependence on oil .
News ID: 5381    Publish Date : 2019/07/22

Iranian Minister of Petroleum Bijan Zangeneh said the recent incidents concerning oil vessels had not impacted Iran’s oil exports yet.
News ID: 5364    Publish Date : 2019/07/21

The CEO of Pars Oil and Gas Company (POGC) said the onshore refining unit of Phase 14 of supergiant South Pars gas field would become operational by November 2019.
News ID: 5361    Publish Date : 2019/07/21

Russia has said it may join a European Union payment system aimed at salvaging the Iran nuclear deal if the mechanism is expanded to include oil purchases.
News ID: 5333    Publish Date : 2019/07/20

Iranian Oil Minister Bijan Namdar Zanganeh underlined that the US sanctions have failed to stop Iran's oil supplies to other countries.
News ID: 5281    Publish Date : 2019/07/18

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