EghtesadOnline: Governor of the Central Bank of Iran said at the weekend Japan has resumed importing Iranian oil after China, South Korea, India and Turkey.
EghtesadOnline: Oil Minister Bijan Namdar Zanganeh said Sunday gasoline needs are now fully supplied by domestic refineries and imports ended in September.
EghtesadOnline: Although cold weather usually sweeps through large parts of Iran in the winter seasons, export of natural gas to neighboring countries continues as agreed and it is likely that Europeans could also be interested in importing gas from Iran as a reliable supplier.
EghtesadOnline: Output from hydroelectric power plants will reach 10,500 gigawatt hours by the end of the current fiscal in March, director of Iran Hydroelectric Power Management Center Farbod Estiri said.
EghtesadOnline: Iran's Research Institute of Petroleum Industry signed a contract with a private company to indigenize hydrocracking and reduced crude desulfurization (RCD) catalysts used for gasoline production.
EghtesadOnline: China’s state-run energy giant is making a new approach to strike a $3 billion Iranian oil field, seeking to take advantage of waivers allowed under US sanctions even as two European nations have ended crude purchases, according to people familiar with the matter.
EghtesadOnline: Major Japanese banks are set to resume Iranian oil transactions after receiving final regulatory clearance, paving the way for the country's refiners to begin loadings as early as this month, sources with direct knowledge of the matter told S&P Global Platts Tuesday.
EghtesadOnline: The third round of crude oil sales will be held on Iran Energy Exchange on January 21, a National Iranian Oil Company official said.
EghtesadOnline: As part of Tehran Municipality’s unending fight against dirty air, over the past seven weeks half a million smog inducing vehicles have been fined for infringing traffic regulations.
EghtesadOnline: Two petrochemical companies in southern Bushehr Province, Kaveh Methanol Complex and the first phase of Bushehr Petrochemical Complex, will be inaugurated by the end of the current fiscal in March, director for projects at the National Petrochemical Company said Sunday.