Wed, August 21, 2019, 11:56
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IOTC Localizes Manufacturing of Industrial Valves
The Iranian Oil Terminals Company (IOTC) has acquired the technical savvy for manufacturing parts of industrial valves which were previously monopolized by European and American companies.
No Unilateral Decisions in OPEC
The secretary general of the Organization of the Petroleum Exporting Countries (OPEC) said there were no unilateral decisions in the organization.
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India signs MoU with Iran to pay for crude oil in rupees: report
India and Iran inked a memorandum of understanding on Thursday to ditch the US dollar in their bilateral trade.
Out of OPEC, Qatar can start to market Iran's oil: Expert
After withdrawal from OPEC, Qatar can start to market Iranian oil to Asia and Europe, Sam Barden, director of the international tra...
Iran has found new customers for its oil: VP Jahangiri
First Vice President Es’hagh Jahangiri says Iran has found new customers and sold its oil to them, adding that "serious negotiation...
Iran to be managed well without reliance on oil revenues
First Vice President Es’hagh Jahangiri said that the country enjoys high capacities and can be administered well without relying up...
Zarif says Iran-EU trade mechanism will cover oil sales
Iranian Foreign Minister Zarif rejected Reuters’ speculations that the EU-Iran trade mechanism, aimed at bypassing US sanctions aga...
Japan set to resume Iranian oil imports
Japanese oil wholesalers are expected to resume crude oil imports from Iran by as early as the end of the year.
Iran, S Korea working on mechanism for oil sales under US sanctions
The chairman of Iran-South Korea Chamber of Commerce said Sat. that Iran and South Korea are working on a mechanism to continue bil...
Iran’s oil sales predicted at 1.5mn bpd for $54 each in 2019
Spokesman for presiding board of the Iranian Parliament said Mon. that the government has estimated the sale of 1.5 million barrels...
Zanganeh refuses to discuss oil sales due to US moves
Iranian Oil Minister Bijan Zanganeh refused to answer reporters’ questions about oil sales in the face of US sanctions, saying the ...
Oil reserves up 2.5-fold in post Islamic Revolution era
Minister of Petroleum Bijan Zangeneh says volume of Iran's oil reserves has risen 2.5-fold following triumph of Islamic Revolution ...
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