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Rouhani stresses accelerating completion of oil, gas and petrochemical projects
May 25, 2020 19:57Tehran (IP) - Iran's President referring to the achievement of various projects in oil industry, stressed more work to develop oil, gas and petrochemical projects in the country.
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Iran's OPEC governor dies after brain haemorrhage
May 16, 2020 07:38Tehran (IP) - Iran's OPEC Governor Hossein Kazempour Ardebili has died of a brain hemorrhage two weeks after falling into a coma on Saturday morning.
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Nigeria Is running out of places to put its LNG production
May 13, 2020 19:09The west African nation, one of the world’s top producers of the superchilled fuel, continued to send out tankers of LNG even as demand slumped in line with the virus-stricken global economy.
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Iran's Rouhani urges Oil Ministry for more participation in stocks market
May 01, 2020 19:19Tehran (IP) - Iran's President instructed the oil minister to take urgent action to increase the presence of oil and petrochemical companies in the stock market.
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OPEC alone cannot solve problem of oil market: Iran's Oil Minister
Apr 22, 2020 15:59Tehran (IP) - Given the increase in supply and decrease in demand, as well as the uncertainty regarding the time when the Coronavirus will end, the oil market needs global cooperation, and OPEC alone cannot solve the problem of the oil market.
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Veep: Iran has managed to be matched to elimination of oil revenues
Apr 21, 2020 16:31Tehran (IP) - Vice President Eshaq Jahangiri has said that the Islamic Republic of Iran, with its management and planning, has been able to adapt to the conditions of removing oil revenues from the country's budget.
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Oil falls to the lowest in more than two decades
Apr 20, 2020 07:21Oil extended its slide, falling to the lowest in 21-Year as Demand Shrivels, on concern the world is rapidly running out of places to store crude after output cuts proved insufficient to cope with plunging demand.
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Rouhani stresses preventing sale of Iran's crude oil
Apr 17, 2020 17:52Tehran (IP) - Iran's President emphasized on advancing the plans and policies of increasing the production of the country's oil products and preventing the sale of crude oil.
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Iran's Persian Gulf Star Refinery capacity expands to 60,000 bpd
Apr 15, 2020 12:52Bandar Abbas (IP) - Iran’s Persian Gulf Star Refinery (PGSR) managing Director announced that the refinery's processing capacity is going to reach 480,000 barrels per day by the end of September 2020.
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G20 agrees to reduce oil production by 3.7 mb/d: Iran Oil Minister
Apr 13, 2020 09:36Tehran (IP) - Iran's Oil Minister Bijan Namdar Zanganeh said on late Sunday that G20 countries agreed to reduce oil production by 3.7 million barrels per day.
