Coast-to-Coast Euro-4 Gasoil Distribution in Iran Soon

The CEO of National Iranian Oil Products Distribution Company (NIOPDC) said his company was supplying Euro-4 gasoil across the country, adding the item would be distributed nationwide soon.

Iran Oil Exports at Sufficient Level: Veep

The Iranian First Vice President said that the United States was trying to choke up Iran’s oil exports as the main source of revenue for the country, but, “fortunately we have so far been able to sell oil as much as we needed and have collected its revenues.”

Phase 13 Sour Gas Pipeline Operational Soon

A pipeline to carry sour gas from Phase 13 of the offshore South Pars gas field to onshore refineries would become operational soon, the project’s operator said.

Sanctions no Hurdle to Petchem Productivity: CEO

The CEO of the National Petrochemical Company (NPC) said the sanctions and the current economic pressure on Iran could not throw a wrench in the productivity of petrochemical plants in the country.

Oil Revenues Projected in Budget Bill Sufficient for Running Country: MP

A member of the Iranian parliament said the amount of petrodollars projected to be generated in the national budget bill would be sufficient to run the country.

How to Counter Oil Sanctions

We view sanctions as the conditions or the scope of project, i.e. assessing every factor, which is likely to affect the project processes and the triangle of time-quality-cost for a project.

OPEC; New Crisis or New Horizon

The OPEC 175th ministerial meeting held in Vienna at a time some member states were unhappy with unilateral decisions adopted by some fellow members without having won OPEC consensus.

More Potential Buyers for Iran Oil

Iran’s deputy minister of petroleum for international affairs and commerce, Amir-Hossein Zamani-Nia, has said the number of potential buyers of Iran’s oil has increased despite US threats of sanctions. Zamani-Nia, however, said the countries that recently received sanctions waiver from the US would not buy even an extra one barrel of oil from Iran.

$Iran expanding investment in India\'s oil sector$

Iran expanding investment in India's oil sector

Amid US sanctions on the Islamic Republic, Iran will invest about $218 million (Rs 1,500 crore) to expand a refinery run by Chennai Petroleum Corp. in India, the company’s managing director said.

Khorasan Petrochemical Company boosts exports by 12 percent

Khorasan Petrochemical Company increased its exports volume by 12 percent in the first nine months of this Iranian calendar year (March 21, 2018-November 22, 2018).

Iran negotiating with three regional countries for preferential trade: Official

Iran is in negotiations with Turkey, Syria and Pakistan for preferential trade, according to the caretaker of the Trade Promotion Organization of Iran.

Active petchem facilities yield up to 53.6m tons of petrochemicals

Deputy Minister of Petroleum for Petrochemical Affairs Behzad Mohammadi says active petrochemical facilities are busy producing up to 53,600,000 tons of petrochemicals now.

Top banker: Banking reforms on CBI agenda

Governor of the Central Bank of Iran Abdolnasser Hemati says banking reforms is on the CBI agenda.

Decrease in oil dependency most important point of budget bill: MP

A member of the Iranian parliament has said the decline in oil dependency is one of the most important strengths of the next Iranian year's budget bill (will start on March 21, 2019).

South Pars Output Satisfactory in Q1

Pars Oil and Gas Company (POGC) announced that the planned output of South Pars gas field in the first quarter of the current calendar year, which began on March 21, was fully realized.

Total items: 726 in 49 pages