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New platform installed in Persian Gulf oilfield
Sep 24, 2020 02:56Iranian technicians and engineers have successfully installed another offshore drilling rig in the Persian Gulf waters as the country keeps expanding crude production.
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Iran oil major NIOC tops global ranking on exploration activity in 2019
Sep 20, 2020 01:18The National Iranian Oil Company (NIOC) was by far the best company in the world in terms of oil and gas exploration activity in 2019, says its Exploration Chief Saleh Hendi.
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OPEC+ may hold extraordinary October meeting if oil market worsens: Source
Sep 18, 2020 01:22OPEC+ could hold an extraordinary meeting in October if oil markets weaken further, Saudi Energy Minister Prince Abdulaziz bin Salman said on Thursday, according to an OPEC+ source.
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Iran’s oil storage capacity improved with terminal launched in Persian Gulf
Sep 10, 2020 11:42President Hassan Rouhani has ordered the opening of new oil export terminal with relatively large storage and bunkering facilities near the mouth of the Persian Gulf.
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Iran to launch first phase of Jask oil terminal by March: Contractor
Sep 01, 2020 10:06Iran would launch a first phase of its key oil terminal in Jask region on the Sea of Oman by March 2021, says a project contractor, as the country presses ahead with plans to allow crude exports outside the Strain of Hormuz in the Persian Gulf.
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Indian refiners stop buying crude oil from Chinese companies
Aug 28, 2020 08:24India has stopped purchasing crude oil from China-linked companies, as part of New Delhi’s recent move to restrict imports from neighboring countries in the wake of an escalating border dispute.
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Iran energy exports to Iraq not affected by US deals: Oil Ministry
Aug 28, 2020 01:05Iran’s Oil Ministry says supply of energy to the neighboring Iraq won’t be impacted by recent deals signed in Washington between Iraqi and US officials.
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Astana guarantor states censure Israeli aggression on Syrian soil
Aug 26, 2020 01:59Iran, Russia and Turkey — the three guarantor states of the Astana peace process — have blasted Zionist entity’s continued attacks on Syria as well as the illegal US seizure of the Syrian oil.
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Iran’s crude extraction from joint oilfields up 6 times: President
Aug 24, 2020 07:56President Hassan Rouhani said his administration has managed to increase the oil and gas production from joint fields by six and 2.5 times respectively.
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Iran to sell oil in domestic stock market
Aug 12, 2020 01:13President Hassan Rouhani unveiled plans for the domestic sale of crude oil in the stock market.