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Oil Industry Archives - Page 6 of 8 - Iran News Daily
OPEC+ deal meaningless without unanimity inside OPEC: Zanganeh 01 Jul 2019

OPEC+ deal meaningless without unanimity inside OPEC: Zanganeh

Iran’s Oil Minister Bijan Namdar Zanganeh voiced Iran’s support for an agreement between the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers, saying, however, that such an agreement would be meaningless without an internal understanding inside the organization.

Iran oil refining capacity to reach 2.4 mbd by March 30 Jun 2019

Iran oil refining capacity to reach 2.4 mbd by March

Plans are under way to bring Iran’s oil refining capacity to 2.4 million barrels per day by the end of the current Iranian calendar year to March 20, 2020.

NIDC drills 28 oil wells in Q1 24 Jun 2019

NIDC drills 28 oil wells in Q1

The National Iranian Drilling Company (NIDC) successfully spudded 28 oil and gas wells over the first three months of the current calendar year, which began on March 21.

OPEC 176th meeting rescheduled for July 1 19 Jun 2019

OPEC 176th meeting rescheduled for July 1

14 members of the Organization of the Petroleum Exporting Countries (OPEC) agreed to change the date of the upcoming OPEC meeting and the OPEC+ assembly from 25 and 26 of June to July 1 and 2, respectively.

South Pars platform 14B shipped toward installation spot 12 Jun 2019

South Pars platform 14B shipped toward installation spot

Platform 14B of Iran’s South Pars gas field (in the Persian Gulf) was shipped in Bandar Abbas, the capital city of southern province of Hormozgan, on Tuesday to be installed on its designated offshore spot, Tasnim reported.

IRENEX to offer light crude at $67.32 on Tuesday 08 Jun 2019

IRENEX to offer light crude at $67.32 on Tuesday

The National Iranian Oil Company will offer two million barrels of light crude oil at the international ring of the energy exchange (IRENEX) on Tuesday (June 11) at the base price of $67.32 per barrel.

NIDC drills 17 oil wells in 60 days 28 May 2019

NIDC drills 17 oil wells in 60 days

The National Iranian Drilling Company (NIDC) spudded 17 oil and gas wells in the first two months of the current calendar year, which began on March 21.

NIDC to expand drilling operations in South Azadegan Oilfield 08 May 2019

NIDC to expand drilling operations in South Azadegan Oilfield

The National Iranian Drilling Company (NIDC), will complete the projects on drilling 23 wells in the giant South Azadegan Oilfield near the Iraqi border by the end of the current calendar year (March 20, 2020).

US plans to announce new set of sanctions against Iran: reports 06 May 2019

US plans to announce new set of sanctions against Iran: reports

The Trump administration is reportedly expected to announce additional sanctions on Iran within the coming week, targeting new sections of the Iranian economy.

US sanctions on Iran oil doomed to failure: Defense min. 04 May 2019

US sanctions on Iran oil doomed to failure: Defense min.

Iranian Minister of Defense Amir Hatami voiced confidence that the US plans to drive Iran’s oil exports to zero will fail, saying the country’s many advances in defense industry took place under sanctions.