Sunday, 19 September , 2021
OIL Archives - Page 2 of 34 - Iran News Daily
Production of special cement for oil field drilling operations indigenized 29 May 2021

Production of special cement for oil field drilling operations indigenized

Managing Director of Kaveh Pars Mining Industries Development Company, which belongs to Iran’s Mostazafan Foundation, announced that one of the company subsidiaries has indigenized the knowledge for producing a special type of cement used for shotcrete in oil and gas field wells.

Local firm inks deal to add 10,000 bpd to South Azadegan oil output 24 May 2021

Local firm inks deal to add 10,000 bpd to South Azadegan oil output

Iranian Petropars Group, which is in charge of developing the South Azadegan oil field, has inked a deal with a local contractor called Dana Energy Company for adding 10,000 barrels per day (bpd) to the field’s output capacity.

Iran starts pumping oil into strategic Goreh-Jask pipeline 19 May 2021

Iran starts pumping oil into strategic Goreh-Jask pipeline

Managing director of the National Iranian Oil Company (NIOC) has announced the beginning of oil transfer operation through Goreh-Jask pipeline which is laid from Goreh oil terminal in the southwestern Bushehr Province to Jask oil terminal along the Gulf of Oman.

Russia, Iran, Syria working to secure oil, wheat shipments to Arab country 19 Apr 2021

Russia, Iran, Syria working to secure oil, wheat shipments to Arab country

Iran, Russia and Syria have established an operations room to secure a safe and stable flow of oil supplies, wheat and some other essential materials to the Arab country via the Mediterranean, private sources have revealed to Sputnik Arabic.

There Is No Cheap Oil 12 Apr 2021
By: Hamid Reza Naghashian

There Is No Cheap Oil

Media attack and hype regarding Iran and China’s economic cooperation agreement by the domestic and foreign currents, and especially by those who western blood is boiling in their veins and have engaged a country with their imported delusion in their minds despite all rational reasons, assigns one to stand against these mischievous distortions which are seen among the news reports by disclosing the truth in order to make aware the dear and resistant people of this revolutionary country against these mischievous inductions.

Oil Prices Slip As U.S. Rig Count Falls 13 Mar 2021

Oil Prices Slip As U.S. Rig Count Falls

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States fell by 1 this week. The total number of active oil and gas rigs in the U.S. is now at 402—or 390 fewer than this time last year.

OPEC+ Surprise Sends Oil Past Gulf Budget-Balancing Levels 08 Mar 2021

OPEC+ Surprise Sends Oil Past Gulf Budget-Balancing Levels

Oil soared past fiscal breakeven prices for the Middle East’s four biggest producers after OPEC+ kept output largely unchanged and an attack on a highly protected Saudi Arabian oil facility.

Oil extends gains on OPEC+ supply restraint 06 Mar 2021

Oil extends gains on OPEC+ supply restraint

Oil prices rose early on Friday, adding to big gains overnight after OPEC and its allies agreed to not increase supply in April as they await a more solid recovery in demand from the coronavirus pandemic.

Oil Falls With OPEC+ Meeting Hovering Over Tightening Market 02 Mar 2021

Oil Falls With OPEC+ Meeting Hovering Over Tightening Market

Oil plunged as the dollar pared losses ahead of a key OPEC+ meeting scheduled this week that may return more supply back to a fast-tightening market.

Goldman Sees Brent Oil at $75 22 Feb 2021

Goldman Sees Brent Oil at $75

Oil prices will rally sooner and higher than previously thought as the global energy demand recovery outpaces the supply response from the OPEC+ alliance, shale, and Iran, according to Goldman Sachs Group Inc.