Tag Archives: Oil Industry

For all OPEC members. $55 [per barrel] and a maximum of $60 is the goal at this stage.

Texas shale producers forced OPEC this morning to extend its oil production cuts for nine months.

In 1999. Iran made the same move to domestically manufacture gas turbines for consumption in its gas industry.

Iran has named 29 companies from more than a dozen countries as being eligible to bid for oil and gas projects.

This year’s exhibition received exciting welcome from the European companies.

US-based Pall Corporation seeks to cooperate with Iran in the oil sphere.

NIOC endorsed qualification of 29 foreign E&.P firms to enter partnership with Iran under new oil contracts.

Iranol and Petronas will boost their cooperation on engine oil and industrial lubricants production.

Iran has now become an exporter of gasoil and is exporting 13 million liters of the item on a daily basis.