Reconstruction of the platform had finished and it was producing natural gas from the offshore field in the Persian Gulf.
Read More »Geopolitical Risks Drive Unprecedented Hike in Oil Tanker Rates
Nothing right now is stopping a surge in oil tanker rates that’s given owners of the vessels one of the biggest boosts in years.
Read More »Putin Condemns Attack on Iranian Oil Tanker
The Russian leader urged Iran'.s neighbors to ``respect`` the interests of Tehran as a country that has ``existed on its territory for thousands of years``.
Read More »Iran Carefully Investigating Oil Tanker Explosions
The appropriate response will be given to the perpetrators of this cowardly attack.
Read More »Affected Iranian Oil Tanker Heading Towards Persian Gulf
SABITI Oil Tanker which was hit by two explosions in the Red Sea on Friday is sailing towards the Persian Gulf. the National Iranian Oil Tanker Company (NITC) said.
Read More »Iran to Defeat US Policies against Tehran’s Crude Exports
Iranian Oil Minister Bijan Namdar Zangeneh reassured that his country has mastered the ways to circumvent the US bans on its crude exports. reiterating that Washington will be unable to inflict a serious damage on Tehran’s huge oil industry.
Read More »Qatar Seeks Big Players for Gas Expansion
Qatar is expanding the North Field in its drive to boost gas output to 110 million tons per year by 2024 from about 77 million currently.
Read More »Gasoline Production in Euro-5 Kicks Off in Lavan Oil Refinery
Chief Executive of Lavan Oil Refining Company on Monday Mohammad Ali Akhbari revealed the production of gasoline. observing the euro-5 standard of the European Union (EU).
Read More »NISOC Ready to Maximize Oil Output
The CEO of the National Iranian South Oil Company (NISOC) said the company was prepared to bring its oil production to maximum in the shortest time possible.
Read More »Iran’s Flag Carrier Announces Yearly Operating Profit
Iran’s Deputy Transportation Minister Shahram Adamnejad announced that the country’s largest airline IranAir has posted an operating profit for the last local calendar year ending on March 20. 2019.
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