CEO Details Major Performance of NIDC in Past Year
Head of Board of Directors and CEO of National Iranian Drilling Company (NIDC) on Monday and during his meeting with the company’s managers highlighted major performance and achievements of the company in the last Iranian calendar year which ended on March 19.
Salehabadi: Exports Should Be Production-Based
The CEO of Export Development Bank of Iran says all approaches in the country should be production and export-based and actually change in approach is very crucial.
Iranian MPs to Discuss Ambiguities of National Budget Bill Tomorrow
Members of the Iranian parliament’s Budget Integration Commission plan to hold talks on Monday to resolve the ambiguities of the next year’s national budget bill raised by the Guardian Council, the spokesman for the presiding board of the parliament said.
OPEC meeting worse than ever; Zangeneh says
Iran’s Minister of Petroleum Bijan Zangeneh says an OPEC meeting on Friday was one of the group’s “worst ever” after it failed to reach an agreement on more oil cuts.
Oil Minister Unveils Fath 72 Oil Rig
Oil Minister Bijan Zanganeh yesterday in a ceremony unveiled Fath 72 oil rig which has been manufactured in collaboration with National Iranian Drilling Company and the Academic Center for Education, Culture and Research (ACECR).
Syria Takes Control of 5 Drones over Homs Oil Facility
Syria’s military on Sunday hacked five combatant drones operating over the Homs oil facility, using electronic-warfare specialists, a report said.
$40b Investment Opportunity in Petchems Industry
Oil minister said that there is an investment opportunity worth $40 billion in the petrochemical industry, noting that $30 billion should be invested in the petrochemical industry within the next five years.
Oil Is No Longer a Strategic Commodity
Hamid Hosseini, spokesman for Iranian Oil, Gas and Petrochemical Products Exporters' Association, believes oil is no longer a strategic commodity and Iran should rely on the downstream industries.
US, Russian forces conflict in Syria
US forces present in areas controlled by Kurdish militants in northeastern Syria have clashed with Russian troops amid accusations that Washington is stealing oil from Syria.
Japan Should Not Risk With Wrong Decision
Last week and almost one week after Iranian President Hassan Rouhani’s visit to Tokyo and his interview after his return to Tehran and his announcement that Japan is interested in presence in Chahbahar Port to have access to the Central Asian states’ markets