Social and Events

National Iranian Oil Company (NIOC) by exploring 4.9 billion barrels liquid hydrocarbon in 2019, is standing on top of oil giants in the world. Managing director of National Iranian Oil Company for explorations affairs Saleh Hendi said that based on ‘Wood Mackenzie’ reports with regard to exploration of hydrocarbon resources …

Japan will provide long-term assistance to help Mauritius deal with the cleanup from an oil spill caused by the July grounding of a Japanese-owned freighter, the government’s top spokesman said Wednesday. Noting the assistance will not be restricted to preventing the further spread of the oil or its removal, Chief …

Japan will dispatch a third relief team to Mauritius on Wednesday to help the island nation’s response to an oil leak from a Japanese freighter that ran aground in July. The six-member team will help conduct detailed investigations of mangroves, coral reefs, wildlife and seawater quality to assess the impact …

The British investment site INN revealed that Iraq ranked sixth in the world as the largest oil producer, in addition to being the owner of the fifth-largest crude reserves in the world. In a report, the site said THAT Iraq ranked sixth in the world with the largest oil production …

Three giant oil , gas and petrochemical projects will be inaugurated on Monday in the presence of Iranian President Hassan Rouhani through video conference. After the United States failed to activate trigger mechanism with the opposition of 13 members of the UN Security Council, now, a few days later, Iran …

A grounded Japanese-owned ship that leaked tonnes of oil near protected areas off the Indian Ocean island nation of Mauritius has split apart, with remaining fuel spreading into the turquoise waters. The bulk carrier struck a coral reef off Mauritius on July 25 and its hull began to crack after …

An OPEC+ ministerial panel monitoring the group’s oil supply reduction deal will hold its next virtual meeting on Aug. 19, a day later than previously planned, three OPEC+ sources told Reuters. The reason for the date change was not mentioned. OPEC+ has been cutting output since May to tackle the …

The US oil industry appears to be backing Trump over Biden for reelection in 2020, having donated nearly $1 million to his campaign compared to only $265,000 for Biden’s campaign. According to the data, as of August 2020, President Trump has received $936,155 in contributions from the oil and gas …

KLM Royal Dutch Airlines cutting 5,000 jobs confirmed the world’s oldest airline is fighting for survival, amid Covid-19 devastating the global airline industry. In its distinguished 100- year history, KLM has seen nothing like this since Queen Wilhelmina in 1919 bestowed the word “Royal” upon the world’s 18th airline. KLM …

The value of Iran’s exports to Pakistan through the border in the southeast of the country has risen 26 percent during the first quarter of the current Iranian calendar year (March 20-June 20), compared to the same period of time in the previous year, an Iranian provincial official announced. Davoud …