Wednesday, 3 July , 2024
OIL Archives - Page 12 of 41 - Iran News Daily
Oil Minister Reiterates No “Hike” in Fuel Oil Price 22 Sep 2020

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 19 Sep 2020

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% 17 Sep 2020

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 16 Sep 2020

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 08 Sep 2020

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."

Iraq’s Electricity Industry Active With Iranian Gas 03 Sep 2020

Iraq’s Electricity Industry Active With Iranian Gas

that using Iranian gas is very economical for Iraq because natural gas replaces diesel, which is more than twice the price of the gas.

Oil Prices Recovered on Falling US Dollar 02 Sep 2020

Oil Prices Recovered on Falling US Dollar

Oil prices recovered on Tuesday, erasing overnight losses, as investors moved into risk assets and away from the safe-haven US dollar which tumbled to multi-year lows.

NIOC Inks Oilfield Development Contracts with Iranian Companies 18 Aug 2020

NIOC Inks Oilfield Development Contracts with Iranian Companies

The National Iranian Oil Company (NIOC) signed 13 contracts with domestic companies for the development of the country’s oilfields.

Oil Ministry Dishes Out 1.5b Euros in Oil Contracts to Domestic Firms 18 Aug 2020

Oil Ministry Dishes Out 1.5b Euros in Oil Contracts to Domestic Firms

Oil ministry has signed 13 contracts worth roughly €1.5 billion with 14 local firms to enhance and maintain oil production.

Iran Determined to Increase Its Non-Oil Exports to $100b 13 Aug 2020

Iran Determined to Increase Its Non-Oil Exports to $100b

Head of Iran Trade Promotion Organization says non-oil export is the only way for cutting dependence on oil revenues and the country has potential to increase its non-oil exports to $100b due to the needs of neighboring states.