CNPC has now a 30 percent stake. while Iranian company PetroPars holds the remaining 19.9 percent.
Read More »Iran Stock Exchange Conditions Favorable to Present Crude Oil
US officials have called on buyers of Iran'.s crude oil to end imports from the country as of November.
Read More »President: US Should Know War with Iran Is Mother of All Wars
The Iranian president has warned the United States. stating that peace with Iran would be crucial for Washington'.s policies.
Read More »Iran Joins Two World Countries Odorizing Natural Gas
Iran has recently achieved a technology to odorize natural gas.
Read More »No Electricity Supply to Iraq in Near Future
Earlier this month. Iran has cut electricity supplies to Iraq due to unpaid bill. affecting Iraq’s Dhi Qar. Maysan and Basra provinces.
Read More »China Continue Oil Importing from Iran
China and India as two major importers of Iran'.s oil do not care about the US oil sanctions.
Read More »Iran`s Oil Minister Hits Back at Trump over Production Demands
Trump’s order to OPEC members to increase production destabilizes the market.
Read More »Iran Exports 2.6mbd of Crude Oil. Gas Condensates in June
The average price of Iranian oil since the beginning of the current year has been over 66 dollars per barrel.
Read More »Saudi Arabia not Capable of Raising Oil Output
Saudi Arabia cannot add 2mn bpd to the oil market.
Read More »Oil Min: Decision on Iran Imports to be Based on India’s Interests
The US has told all countries. including India and China. to stop their oil imports from Iran by November 4 or face sanctions.
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