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Petroleum

  • EghtesadOnline: Supplying associated petroleum gases from oilfields in Sirri Island to thermal power plants in Kish Island over the decade has significantly cut the use of high levels of diesel, head of operations in Kish at the Iranian Offshore Oil Company said.

  • EghtesadOnline: Petroleum products valued at $133 million were traded in the international ring of the Iran Energy Exchange in the fiscal month ending May 16.

  • EghtesadOnline; Export of petroleum products including mazut, diesel and gasoline that was interrupted in the past several weeks is gradually getting back to normal, spokesman of the Petroleum Products Exporters Union said.

  • EghtesadOnline: Due to the big increase in liquefied fuel consumption over the last few weeks, the National Iranian Oil Company has stopped selling diesel and mazut on the Iran Energy Exchange, the company’s representative in charge of offering petroleum products in IRENEX said.

  • EghtesadOnline: The Iranian Oil Pipeline and Telecommunication Company has supplied close to 100 billion liters of crude and petroleum products nationwide since March 2019, managing director of the company said.

  • EghtesadOnline: Newly announced US sanctions aimed at harming petroleum and petrochemical trade between Iran and China will not substantially impact China's status as the top importer of Iranian crude, analysts said.

  • EghtesadOnline: Boosting output of petroleum products is a declared policy of the government and has generated $9 billion from exporting liquid fuels, managing director of National Iranian Gas Company said.

  • EghetsadOnline: The National Iranian Oil Company raised $700 million in revenues by selling oil and petroleum byproducts in the capital market in the past eight months, the managing director of the company said Tuesday.

  • 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: Iran's oil refining capacity has reached 1.95 million barrels per day, indicating a 100% increase over the past four decades.