Damaged oil facilities being rebuilt as quickly as possible
TEHRAN, May 06 (DID) – Oil minister said rebuilding damaged oil industry facilities is a priority and is now progressing well.
TEHRAN, May 06 (DID) – Oil minister said rebuilding damaged oil industry facilities is a priority and is now progressing well.
TEHRAN, Feb. 18 (DID) – Iran and Russia have signed a cooperation document along with four memoranda of understanding following the 19th session of the Iran-Russia Joint Economic Commission held in Tehran.
TEHRAN, Feb. 18 (DID) – Iran’s Minister of Oil, Mohsen Paknejad, announced that seven Iranian oil fields are under joint development with Russian companies through four contracts.
TEHRAN, Feb. 10 (DID) – Iran’s oil minister marked the 47th anniversary of the Islamic Revolution by stressing the need to strengthen domestic capabilities, saying the sector plays a key role in countering pressures.
TEHRAN, Jan. 21 (DID) –The chief executive of the National Iranian Oil Company (NIOC) says the country’s oil production will increase by 135,000 barrels per day (bpd) with the execution of contracts to purchase crude processing services of oilfields.
TEHRAN, Jan. 07 (DID) – Chinese independent refiners are expected to increasingly rely on Iranian heavy crude in the coming months, as Venezuelan oil shipments to China stall after the United States moved to redirect Venezuelan exports, analysts say.
TEHRAN, Dec. 18 (DID) – Stephen Miller, a top aide to United States President Donald Trump, has claimed that Venezuela’s oil belongs to Washington, describing the nationalization of the South American country’s petroleum industry as “theft”.
TEHRAN, Dec. 09 (DID) – In a meeting with Belarus’s industry minister, Iran’s oil minister emphasized that Tehran has prepared a portfolio of oil and gas contracts aimed at attracting friendly partners.
TEHRAN, Nov. 15 (DID) – The Ukrainian strikes on Russia has sent shockwaves through global oil markets, pushing prices up by more than 2% amid fears of supply disruptions.
TEHRAN, May 17 (DID) – The United States is withdrawing its troops from Syria and plans to reduce its contingent there to 900.
TEHRAN, May 14 (DID) – Iran’s oil minister emphasized the diversification of the country’s crude oil sales portfolio, stating that the policy of maximum pressure is a repetitive slogan by the US and a failed experiment.
TEHRAN, May 11 (DID) – The head of Iran’s Plan and Budget Organization (PBO) described the oil, gas, refining and petrochemical industries as the driving force of the country’s economy.