oil

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The National Iranian Oil Company (NIOC) announced on Sunday that it is due to offer 2 million barrels of crude oil in the international ring of the Iran Energy Exchange (IRENEX) on Tuesday, in a move to bypass Washington’s unilateral sanctions against Tehran.
News ID: 4947    Publish Date : 2019/06/30

Kermanshah Oil Refinery has taken several measures to reduce its environmental pollutants and become one of the leading Iranian refineries for promoting environmentally sound practices in recent years, the secretary-general of Oil Refining Industry Cooperative Association said.
News ID: 4944    Publish Date : 2019/06/30

Iran has delivered the first crude oil to a Chinese refinery complex since the United States removed all sanction waivers for Iranian oil customers as of May.
News ID: 4943    Publish Date : 2019/06/30

Russian President Vladimir Putin said he agreed with Saudi Crown Prince Mohammed bin Salman to extend the OPEC+ deal at current production levels for the rest of this year and potentially into early 2020.
News ID: 4942    Publish Date : 2019/06/30

China does not support US policy on eliminating Iran's oil exports, the director-general of the Department of Arms Control at the Chinese Foreign Ministry stated on Friday.
News ID: 4937    Publish Date : 2019/06/29

A senior Iranian legislator underlined the necessity for the European states to help Iran stand against the US sanctions by buying its crude and facilitate banking transactions, as part of their obligations under the nuclear deal.
News ID: 4936    Publish Date : 2019/06/29

The National Iranian Drilling Company (NIDC) successfully spudded 28 oil and gas wells over the first three months of the current calendar year, which began on March 21.
News ID: 4906    Publish Date : 2019/06/25

Construction of platforms 7 and 8 of Hendijan offshore oil field has made 90 percent progress
News ID: 4905    Publish Date : 2019/06/25

An Iranian lawmaker said the country’s security forces have captured a female spy who had infiltrated into the Oil Ministry.
News ID: 4903    Publish Date : 2019/06/25

Oil tanker owners are raising the prices they charge to export Middle East crude as tensions surge in a region that accounts for about a third of all seaborne petroleum shipments.
News ID: 4899    Publish Date : 2019/06/25

International cooperation on crude production has helped stabilize oil markets and is more important now than ever, Russian Energy Minister Alexander Novak said Monday.
News ID: 4898    Publish Date : 2019/06/25

Crude and condensate in long-term floating storage hit its highest since August 2017 in May at 24 million barrels, as US sanctions against Venezuela and Iran hindered the ability of the OPEC members to export, data from analytics firm Vortexa showed.
News ID: 4882    Publish Date : 2019/06/23

The main index of Tehran Stock Exchange TEDPIX lost 1,000 points or 0.43% on Tuesday to end trading day at 237,148 points.
News ID: 4847    Publish Date : 2019/06/19

Oil tankers ablaze in the Gulf of Oman and the US pointing the finger at Iran should be enough to send the price of the world’s most vital commodity skyrocketing.
News ID: 4842    Publish Date : 2019/06/19

Saudi Energy Minister Khalid al-Falih said on Sunday that OPEC would probably meet in the first week in July in Vienna and that he hoped it would reach consensus on extending its agreement to cut oil output.
News ID: 4841    Publish Date : 2019/06/18

The government has no plans to remove Oil Minister Bijan Namdar Zanganeh from his post, the government spokesman said on Monday.
News ID: 4840    Publish Date : 2019/06/18

The Iranian Parliament’s Research Center (IPRC) released a new plan on how to deflate the US economic pressures by cutting off dependence on oil revenues as a counter-strategy against the US sanctions on Iranian crude supplies.
News ID: 4790    Publish Date : 2019/06/10

Iran’s domestic coal consumption revolves around 2 million tons per year, 1.5 million tons of which are supplied by domestic production while the remaining 500,000 tons are imported.
News ID: 4785    Publish Date : 2019/06/09

Preliminary data released by Japan’s Ministry of Finance show that the country’s crude oil imports from Iran dropped 42% month-on-month to 169,100 barrels per day in April.
News ID: 4783    Publish Date : 2019/06/09

After GAIL, ONGC too has expressed angst at overcharging by domestic steelmakers. The state-run oil and gas major has alleged that domestic firms have quoted prices on 'the higher side’ in reply to its tenders invited for procurement of regular casing pipes.
News ID: 4767    Publish Date : 2019/06/07