Tuesday, 16 July , 2024
Oil Industry Archives - Page 3 of 8 - Iran News Daily
Iran Complying with OPEC+ Quotas 11 Jul 2020

Iran Complying with OPEC+ Quotas

A former Iranian OPEC governor rejected claims by authorities in crude-producing countries that output of oil in Iran has exceeded a limit set by the Organization of Petroleum Exporting Countries and allies, a grouping known as OPEC+.

Iran, Iraq oil ministers discuss oil ties 16 Jun 2020

Iran, Iraq oil ministers discuss oil ties

The Minister of Oil Bijan Namdar Zanganeh in a telephone conversation with his Iraqi counterpart Ihsan Abdul Jabbar reviewed bilateral ties of Iran and Iraq on Monday.

Iran oil fields helps seizing Saudi market share in China 30 May 2020

Iran oil fields helps seizing Saudi market share in China

Given that oil demand from China has now recovered from the COVID-19 outbreak to even higher levels than before, Iran is operating at full tilt to optimize the oil available to key ally Beijing from any and all of its fields.

Iran produces extruder blade 21 May 2020

Iran produces extruder blade

Experts of Jam Polypropylene Complex in the southwestern province of Bushehr have localized the production of extruder blade which is an important part of the pelletizer unit.

Zanganeh: OPEC can’t handle market situation on its own 22 Apr 2020

Zanganeh: OPEC can’t handle market situation on its own

Iran’s Oil Minister Bijan Namdar Zanganeh said the OPEC cannot solely handle the current market issues.

Rouhani: Oil Price Drop Harms Iran Less 22 Apr 2020

Rouhani: Oil Price Drop Harms Iran Less

Iran's economy would suffer fewer harms than other oil producers in the wake of the recent plunge in crude price, President Hassan Rouhani said.

Oil low on demand, warning situation 16 Apr 2020

Oil low on demand, warning situation

Oil languished at multi-year lows on Thursday, with WTI crude remaining around $20 a barrel as dire warnings about a virus-triggered demand shock overshadowed a deal to cut output.

OPEC: Iran oil output drops 2,000 bpd in February 15 Mar 2020

OPEC: Iran oil output drops 2,000 bpd in February

OPEC announced that volume of oil production in Iran as of February 2020 hit 2.080 million barrels per day (bpd).

Saudi Arabia, Russia raise stakes in oil price standoff 11 Mar 2020

Saudi Arabia, Russia raise stakes in oil price standoff

Saudi Arabia said on Tuesday it would increase its crude oil supply to a record high, raising the stakes in its price war with Russia and effectively rejecting Moscow's overtures for new talks.

Iran Ex-OPEC Envoy Predicts More Crash in Oil Prices 09 Mar 2020

Iran Ex-OPEC Envoy Predicts More Crash in Oil Prices

Iran’s former ambassador to the Organization of the Petroleum Exporting Countries (OPEC) said the global oil prices will probably continue to decline.