EghtesadOnline: Almost a month after Oil Minister Bijan Namdar Zanganeh adjusted the guidelines for crude oil sale via IRENEX, the ministry again tweaked purchasing terms to attract buyers.
EghtesadOnline: The National Iranian Oil Products Distribution Company will offer 26,000 tons of gasoline on the Iran Energy Exchange on Tuesday.
EghtesadOnline: Sale of gasoline on the Iran Energy Exchange will not be affected by the government decision on Friday to increase fuel prices and assign quotas, the managing director of IRENEX said.
EghtesadOnline: After failing to attract customers for crude oil offered on the Iran Energy Exchange, the National Iranian Oil Company says it plans to again tweak rules and procedures in the process, an official with the company said.
EghtesadOnline: Oil has always been a function of the international market, so setting up local energy markets cannot help the National Iranian Oil Company sell crude on a long-term basis, a veteran financial expert said.
EghtesadOnline: The Economy Ministry has procured 50 trillion rials ($438 million) for financing oil projects by selling standard parallel salaf contracts via Iran Energy Exchange (IRENEX).
EghtesadOnline: Utility companies that offer electricity on the energy bourse will be eligible for 10% tax exemption, head of the Iran Energy Exchange said.
EghtesadOnline: Standard parallel salaf contracts worth 25 trillion rials ($213.6 million) were sold in the Iran Energy Exchange Sept.3-4 to finance oil projects.
EghtesadOnline: High octane gasoline weighing 3,000 tons was sold in the international ring of Iran Energy Exchange on Tuesday.
EghtesadOnline: On government behalf, the Economy Ministry will offer standard parallel salaf securities for crude oil worth 50 trillion rials ($427 million) today (Tuesday). The Iran Energy Exchange will host the trade.