Tag Archives: SHANA

The National Iranian Drilling Company (NIDC) has successfully spudded 15 oil and gas wells in oil-rich regions of the country in the first month of the Iranian calendar year (March 20-April 20, 2020).

Construction of the Goreh-Jask oil pipeline is under way in all sectors of the strategic project in full compliance with health protocols.

To get the answers to some questions,about oil futures market don't miss this report, which was sent to Shana by an oil market analyst familiar with the oil market.

Resolving crude oil issues need global support, and producers must work together in order to survive, especially producers who produce more expensive crude.

Monday, April 20, 2020, was a historic day for New York Mercantile Exchange's (NYMEX) crude oil contracts as the price of the item plummeted to minus $ 37.63 for the first time in the industry’s history.

A senior official with the National Iranian Oil Company (NIOC) underlined the importance of studying and modeling sedimentary basins to ensure exploration in the coming years, adding the exploration department of NIOC had already located and prioritized all sedimentary basins in Iran.

Several oil and energy ministers of the OPEC–non-OPEC oil producing countries, signatories of the Declaration of Cooperation, held an informal teleconference to brainstorm the current dramatic oil market situation.

The impact of the fall in crude oil prices by more than $55 on Monday, April 20, on the East Asian market was about $3 as WTI is not used as a benchmark for pricing Iranian crude oil.

The petrochemical industry, as a sustainable and attractive industry, plays an important role in the country's economy and creates value by using the resources available in its development.

District 7 of Gas Transmission Operations affiliated with National Iranian Gas Company (NIGC) covers mainly cold regions, including Markazi, Lorestan, Kurdestan, Kermanshah, Ilam, Hamedan and parts of West Azarbaijan and Qazvin provinces.