IRENEX to hold 10th round of oil offering based on new guidelines
National Iranian Oil Company (NIOC) is going to set new guidelines for holding the 10th round of crude oil offering at Iran Energy Exchange (IRENEX), IRNA reported.
Full Finance of Imports Possible Through Non-Oil Exports
TEHRAN – The CEO of Export Development Bank of Iran says if the country even fails to export oil and its oil exports are zeroed, it should provide enough forex for imports through non-oil exports revenues.
OPEC Collapse May Lead to Turmoil in Market
Iran’s Oil Minister Bijan Namdar Zanganeh has recently and on the sidelines of 24th International Oil Show in Tehran answered the question of reporters that Iran would remain in the Organization of the Petroleum Exporting Countries (OPEC) as long as it meets its interests and if other members of the organization try to meet their demands at the expense of other members, then it is natural Iran to make different decision. It means that others’ hurdles and troubles can lead to Iran’s pullout of the OPEC and the pullout would definitely have significant consequences for the future of the organization.
NIDC Urged to Boost Revenues for Sustainable Development
TEHRAN – Deputy Head of National Iranian Drilling Company (NIDC) Mr. Mohammad Reza Takaidi believes in order to reach a sustainable development, the company should move in a direction to boost its revenues concurrent with managing the expenditures.
Lorestan District on Way to Post-Flood Reconstruction
TEHRAN – The operation for fixing and replacing 350 meters of 10-inch Bidrouyeh-Tang Fani pipeline on the Simreh River bed which had been broken during recent floods in Lorestan Province finally wound up.
PGSOC Top Entrepreneur in Occupational Health Services
TEHRAN – Persian Gulf Star Oil Company (PGSOC) was honored as the top entrepreneur for offering occupational health services.
Iran Sanctions Impact Oil Consumers
Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman al-Thani spoke out against Washington’s decision not to extend sanctions waivers on exports of Iranian oil, saying the US’ unwise move hurt the countries that rely on the supplies.
US statements cannot run oil market: Iran oil min.
Iranian Oil Minster Bijan Zanganeh said Wed. that the oil market could not merely be managed by statements of the US officials.
Oil Consumption to Hit a Peak by 2030
Exerting pressures on six countries, who enjoy waivers for Iran oil imports, to cut their oil purchases from Iran are in consultation stage and according to reports, legal and economic experts and elites believe that this pressure and imposition would be a chance for Iran to refer the case to the International Court of Justice in The Hague.
Iran Sanctioned for U.S. Oil Industry Boon
That they impose the toughest sanctions of the century on Iran and claim that Iran will be in a condition hard to breathe is just a transient delusion.