EghtesadOnline: For the first time in the history of Iran’s oil industry, 3,000 tons of Euro-5 gasoline was sold via the international ring of Iran Energy Exchange.
EghtesadOnline: National Iranian Oil Refining and Distribution Company plans its first round of gasoline offer on the export ring of Iran Energy Exchange on Wednesday, the IRENEX chief said.
EghtesadOnline: So long as gasoline is not rationed, the plan to use bank debit cards as fuel cards is pointless and will not be implemented for now, the National Iranian Oil Products Distribution Company announced in a new directive.
EghtesadOnline: The National Iranian Oil Company generated $8.6 billion from selling five petroleum products namely gasoline, diesel, mazut, kerosene and liquefied gas in the fiscal 2017-18, Fars news agency said as quoted by the Supreme Audit Court of Iran.
EghtesadOnline: As per a scheme implemented by the National Iranian Oil Refining and Distribution Company, low-interest loans are being offered to commercial and passenger vehicles using gasoline and diesel to convert into CNG-hybrids.
EghtesadOnline: The National Iranian Oil Refining and Distribution Company has started exporting gasoline to international markets, CEO of the company said.
EghtesadOnline: Oil Minister Bijan Namdar Zanganeh said Sunday gasoline needs are now fully supplied by domestic refineries and imports ended in September.
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: Close to 95% of gasoline distributed in Khorasan Razavi Province meets the Euro 4 standards, the National Iranian Oil Products Distribution Company's provincial chief said.
EghtesadOnline: Oil prices slid on Wednesday but gasoline spiked to its highest since mid-2015 as flooding and storm damage in the wake of Hurricane Harvey knocked out almost a quarter of U.S. refineries, crimping demand for crude but raising fears of fuel shortages.