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
Oil Minister Backs Iranian Creative Talents
Oil Minister Bijan Zanganeh has set up a new initiative to support domestic manufacturers by guaranteeing purchase of their quality items needed in the petroleum industry.
32 European Companies Ready to Cooperate With Iran Oil Industry
Head of Energy Commission of Iran Chamber of Commerce says 32 European companies have announced their readiness to cooperate with Iran’s oil industry.
Oil Price Edges Lower as OPEC
Oil price decreased on Friday as a meeting between OPEC and its allies later in the day is expected on a formal agreement to more output curbs in early 2020.
Iran Keeps on Selling Oil Despite U.S. Sanctions
First Vice-President Eshaq Jahangiri says Iran is still selling its oil despite U.S. sanctions on Tehran’s exports, adding that Washington’s “maximum pressure” on Tehran had failed.
Iran Selling Oil despite US Sanctions
Iranian First Vice-President Eshaq Jahangiri highlighted the country’s success in countering the US sanctions and said the Islamic Republic is selling its oil despite the embargoes on the oil sector.