Iraq Oil Ministry Not Ready to Buy Iran Oil Products
Spokesman of Iranian Oil, Gas and Petrochemical Products Exporters' Union (OPEX) Mr. Seyed Hamid Hosseini says Iraq central government has the refining capacity for 700,000 barrels of oil per day
Oil , OPEC , Russia and the U.S.
With beginning of the autumn, the oil market atmosphere is tending toward boom.
Country Has Been in Economic War Since 2018
President Hassan Rouhani said that today, non-oil exports are responsible for providing the currency needed by the country.
New Platform in Persian Gulf Oilfield Installed
Iranian technicians and engineers have successfully installed another offshore drilling rig in the Persian Gulf waters.
Iran Should Hit 8.5 mbd of Oil Output: Adviser to Leader
The oil output in the country should meet a target of 8.5 million barrels per day (mbd) in several years’ time despite efforts to reduce the direct sales of crude.
Oil Minister Reiterates No “Hike” in Fuel Oil Price
Oil Minister Bijan Namdar Zanganeh yesterday reiterated that the ministry refutes reports that it is to increase the price of fuel oil.
Iran Hitting Full Production at Azar Oilfield
Azar oilfield is on the verge of hitting a production capacity of 65,000 barrels of oil per day by using the ancillary facilities of the Central Processing Facility.
Iran-Iraq Trade Down by 20-30%
A member of Iran’s Chamber of Commerce says Iran’s trade with Iraq has declined between 20 to 30 percent this year comparing to the same period last year, noting condition in the borders is good and there is no certain problem there.
Iran Tops Oil, Gas Giants in World
By exploring 4.9 billion barrels liquid hydrocarbon in 2019, the NIOC is standing on the top of oil giants in the world.
Iran Creates 2.6 mb of Refinery Capacity in 7 Years
Oil Minister Bijan Zangeneh said, "Thanks to the development of South Pars and the implementation of gas supply projects in the last seven years, an equivalent to 2.6 million barrels of refining capacity fuel has been distributed and consumed in the country."