EghtesadOnline: In delineating the performance of Iran Energy Exchange in the current fiscal that ends on March 20, managing director of IRENEX says the value of trade on the market has grown 100% in the current fiscal (ends March 20).
EghtesadOnline: Pipe laying to expand crude oil and derivatives supply is expected to be completed soon, chief executive officer of the National Iranian Oil Refining and Distribution Company said.
EghtesadOnline: O il refiners are getting ready for a boom.
EghtesadOnline: O PEC is set to scrap its planned meeting in April and decide instead whether to extend oil output cuts in June, when the market will be able to assess the full impact of US sanctions on Iran and the crisis in Venezuela.
EghtesadOnline: Some 50% of Iran’s "non-oil" exports actually consist of petroleum-based products and petrochemicals that either directly or indirectly come from the oil industry.
EghtesadOnline: The seventh crude oil auction on Iran Energy Exchange will kick off on Monday noon in what would be the last attempt by the National Iranian Oil Company to sell crude oil on the stock market in the outgoing fiscal year that ends on Mach 20.
EghtesadOnline: Pipe laying work to connect South Pars Gasfield onshore refineries in Asalouyeh to the ninth Iran Gas Trunkline (IGAT-9) is almost complete.
EghtesadOnline: Oil Minister Bijan Namdar Zanganeh said the National Iranian Oil Company will start exporting crude from the port of Jask in southern Hormozgan Province in 2021.
EghtesadOnline: Investments needed to ensure stability in the global oil industry are returning after a downturn, but the pace is still slow, OPEC Secretary General Mohammed Barkindo said.
EghtesadOnline: Energy Minister Reza Ardakanian on Sunday broke ground for three desalination units in Bushehr Province off the Persian Gulf as part of plans to provide the southern province with potable water.