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IRENEX to hold 10th round of oil offering based on new guidelines 19 May 2019

IRENEX to hold 10th round of oil offering based on new guidelines

National Iranian Oil Company (NIOC) is going to set new guidelines for holding the 10th round of crude oil offering at Iran Energy Exchange (IRENEX), IRNA reported.

NIOC offering 6th round of oil at IRENEX today 05 Mar 2019

NIOC offering 6th round of oil at IRENEX today

National Iranian Oil Company (NIOC) commences the 6th round of offering light crude oil at Iran Energy Exchange (IRENEX) on Monday.

23 Feb 2019

IRENEX to gain, but not overnight: Zanganeh

Oil Minister Bijan Namdar Zanganeh says efforts for offering crude at Iran Energy Exchange (IRENEX) will finally pay off, but the bid needs time. Speaking to ICANA on Saturday, Zanganeh said IRENEX is expected to gain but the efforts may take a while to come into fruition. “The Oil Ministry continues to offer crude at […]

IRENEX to hold 4th round of offering oil within 2 weeks 26 Jan 2019

IRENEX to hold 4th round of offering oil within 2 weeks

National Iranian Oil Company (NIOC) will offer light crude oil at Iran Energy Exchange (IRENEX) for the fourth time by the next two weeks, an NIOC director announced. Making the remarks on Wednesday, Amir-Hossein Tabianian, the NIOC’s representative for offering crude oil and related products at IRENEX, expressed hope that the changes created in the […]

280,000 barrels of oil traded at IRENEX on 1st day 29 Oct 2018

280,000 barrels of oil traded at IRENEX on 1st day

Some 280,000 barrels of crude oil were traded on Sunday, the first day of offering crude oil for export on Iran Energy Exchange (IRENEX), just few days before new round of U.S. sanctions on petroleum sector take effect, Shana reported. National Iranian Oil Company (NIOC) started to sell crude oil at $74.85 per barrel in […]

Crude oil sales to initiate at IRENEX since Oct. 28 17 Oct 2018

Crude oil sales to initiate at IRENEX since Oct. 28

Offering crude oil at Iran Energy Exchange (IRENEX) will be commenced on October 28 to thwart U.S. sanctions, ISNA quoted Deputy Oil Minister Ali Kardor as saying on Tuesday. The government is to offer oil in form of at least 35,000-barrel-cargos and the total of one million barrels per day at IRENEX, he announced addressing […]

Crude oil to be offered at stock market as of Sat. 02 Oct 2018

Crude oil to be offered at stock market as of Sat.

Crude oil will be offered at Iran Energy Exchange (IRENEX) since Saturday to thwart U.S. sanctions, Deputy Oil Minister Ali Kardor told IRANNEWSDAILY on Monday. The government is to offer oil in form of 5,000-barrel-cargos and the total of one million barrels, he said. The offered oil at IRENEX will be exported, Kardor added. The […]