Iranian Oil Ministry is going to use the capabilities of the country’s knowledge-based companies to implement a program for improving the recovery factor of 750 oil fields across the country.
News ID: 10826 Publish Date : 2022/06/30
These days, the oil market is facing an unprecedented crisis; on one hand the demand for oil has fallen drastically due to the slowdown in the global economy following the coronavirus outbreak and on the other hand the start of a price war between Saudi Arabia and Russia hit the market so hard that oil crashed to a level not seen in 29 years.
News ID: 8931 Publish Date : 2020/03/22
Iranian Oil Ministry has authorized 74 domestic companies for the construction of petro-refineries across the country, IRNA reported on Monday, quoting Deputy Oil Minister for Planning Houshang Falahatian as saying.
News ID: 8929 Publish Date : 2020/03/17
More than $1.5 billion of foreign currency has been provided in the country’s foreign exchange secondary market (locally known as NIMA) for the imports of basic goods since the beginning of the current Iranian calendar month of Esfand (February 20, 2020), IRIB reported.
News ID: 8924 Publish Date : 2020/03/16
Iran’s deputy oil minister for engineering, research, and technology affairs said Oil Ministry is taking serious measures for improving standards in the oil industry, Shana reported on Tuesday.
News ID: 8463 Publish Date : 2020/02/19
National Iranian South Oil Company (NISOC) has finalized three new development packages worth 39 trillion rials (about $928.5 million) for developing southern oil reservoirs, IRNA reported, quoting an oil official as saying.
News ID: 6003 Publish Date : 2019/08/17