Oil

The two sides held negotiations on joint cooperation in various fields of nanotechnology. biotechnology. ICT and advanced materials.

Signing oil contracts with major companies will pave the way for encouraging other firms to establish ties with Iran and make investments.

Global shipping insurers have devised a way to ensure nearly full coverage for Iranian oil exports from next month.

The oil price in the beginning of 2016 plunged to below $30. but currently it is around $55.

Maximizing NIOC'.s revenues and reducing its transportation and maintenance costs are the chief strategies NIOC'.s international department.

Iran’s oil ministry is carrying out initial studies to diversify the sources of its gas exports.

The current loading and export capacity for gas condensate stands at about two million barrels.

Iran earned around $25 billion from selling crude oil in its previous fiscal.

Iran’s crude oil storage capacity is expected to increase by 10 million barrels.

South Korea'.s Iranian crude oil imports in December soared nearly eight times more than a year ago.