Wed, August 21, 2019, 11:58
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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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Research and Development
NIOC plans next round of IRENEX oil sale for early February
The National Iranian Oil Company (NIOC) has planned to offer a million barrels of crude oil on the Iran Energy Exchange (IRENEX) on...
Japan's Cosmo Oil resumes Iranian oil imports
Cosmo Oil has started loading its first Iranian crude oil cargo, the latest Japanese refiner to resume import of Iranian oil more t...
India to share Iran oil with state refiners
India will not share the limited supply of Iranian crude allowed under a US waiver from sanctions with private refiners, according ...
Japan banks set to resume Iran oil transactions after regulatory clearance
Major Japanese banks are set to resume Iranian oil transactions after receiving final regulatory clearance, paving the way for the ...
Indian refiners paying for Iranian oil in rupees: UCO Bank
India has begun paying Iran for oil in rupees, a senior bank official said on Tuesday, the first such payments since the United Sta...
Crude oil loading arm commissioned at Iran’s Kharg island
Crude oil loading arm has been commissioned at Iran’s Kharg island, said director of Kharg branch of Iranian Oil Terminals Company ...
IOTC Localizes Electric Valve Actuators
The Iranian Oil Terminals Company successfully developed the savvy to manufacture electric actuators for industrial valves in oil a...
OPEC Endorses Iran Exemption from Production Cut
Iran managed to secure exemption from an agreement by OPEC members to reduce their oil production to prevent supply glut and bolste...
Iran Oil Exports Better after November Sanctions: Rouhani
Iranian President Hassan Rouhani said the country’s oil exports had improved by degrees following imposition of sanctions by the US...
OPEC Meeting Outcome, Victory of Iran: MP
A member of the Iranian parliament said the outcome of the 175th meeting of members of the Organization of the Petroleum Exporting ...
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