A new consignment of coronavirus test kits bought from France arrived in Iran through Sari Su border, northwestern country, on Wednesday morning.
Read More »Iran to Suffer Less Damage Given Its Reduced Reliance on Crude Oil
Emphasizing that all oil-rich countries, including Iran, have suffered losses, President Hassan Rouhani said that Iran will suffer less damage as its reliance on crude oil is less than other countries.
Read More »Trump, Coronavirus Go Hand in Hand to Make American Crude Valueless
Monday, April 20, 2020 was a historic day for oil market. West Texas Intermediate (WTI) closed below zero for the first time.
Read More »Iran Ready to Deepen Ties with Uganda
Relations between Iran and Uganda very good and based on mutual respect and said, we are ready to develop bilateral relations in all fields without any restrictions and use all capacities and capabilities in the two countries in the direction of friendly relations.
Read More »Iran’s Trade Events, Fairs not to Be Canceled this Year Due to Pandemic
No trade events and exhibitions will be canceled in the current Iranian calendar year [started March 21, 2020] due to the outbreak of coronavirus, COVID-19, in the country.
Read More »NIOC Studies, Prioritizes all Sedimentary Basins for Exploration
A senior official with the National Iranian Oil Company (NIOC) underlined the importance of studying and modeling sedimentary basins to ensure exploration in the coming years.
Read More »IRGC Puts Iran’s First Military Satellite into Orbit
Iran’s Islamic Revolutionary Guards Corps (IRGC) has successfully put its first military satellite into the orbit.
Read More »All Iran Sedimentary Basins Located, Prioritized by NIOC
A senior official with the National Iranian Oil Company (NIOC) underlined the importance of studying and modeling sedimentary basins to ensure exploration in the coming years, adding the exploration department of NIOC had already located and prioritized all sedimentary basins in Iran.
Read More »OPEC+ Ministers Hold Virtual Meeting Amid Insane Oil Market
Several oil and energy ministers of the OPEC–non-OPEC oil producing countries, signatories of the Declaration of Cooperation, held an informal teleconference to brainstorm the current dramatic oil market situation.
Read More »How Us WTI Crude Fell Below Zero
The impact of the fall in crude oil prices by more than $55 on Monday, April 20, on the East Asian market was about $3 as WTI is not used as a benchmark for pricing Iranian crude oil.
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