Tag Archives: Iranian Ministry of Petroleum

A senior official from Iran’s Ministry of Oil says the country is currently holding abundant stocks of fuel despite US sanction that have affected the oil industry.

The IGTC is now using domestic potentials to manufacture the vibration monitoring and protection systems.

One of the main strategies that Iran chose to execute to help its oil exports afloat has been trying new ways to diversify the mechanism of oil sales.

10 out of a package of 33 contracts had been signed with companies and manufacturers based in Iran.

Russia expects the IAEA to officially verify that the Iranian side has exceeded the uranium enrichment levels at the Natanz facility set by the JCPOA.

Iran is currently producing nearly 56 million tons of petrochemicals each year.

The Iranian special trade mechanism set up to reciprocate the European Instrument in Support of Trade Exchange. blasted Europe for procrastinating in introduction of a bank to Iran to put the INSTEX into effect.

The National Iranian Oil Company (NIOC) has planned to offer 2 million barrels of heavy crude oil on the Iran Energy Exchange (IRENEX) on July 9.

Iran could continue enrichment to the levels that it needs for fueling its power plants.

An Iranian lawmaker says Saudi Arabia'.s persistence in the continued seizure of an Iranian oil tanker is stirring tensions in the region.