Iran's Oil, Gas & Petrochemical Daily News

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New MD appointed for Iran IOEC New MD appointed for Iran IOEC
12 June, 2019
Managing director of Ahdaf Investment Co. – a subsidiary of Iran Oil Pension Fund Investment Co. (OPIC) - Mostafa Omid Ghaemi appointed Saeed Vafapour as the new managing director ...
Iran July crude oil OSPs up for Asia Iran July crude oil OSPs up for Asia
12 June, 2019
National Iranian Oil Co. (NIOC) has increased its official selling prices (OSP) of Iranian light, heavy and Forouzan Blend crude oil for Asian destinations for July ...
Iran’s Parliament RC suggest oil free economy roadmap Iran’s Parliament RC suggest oil free economy roadmap
12 June, 2019
Iran’s Parliament Research Center has proposed a roadmap to help wean the economy away from oil revenues by making better use of the nation’s abilities and potential for raising income and reducing expenditure ...
Iran-Japan Joint Chamber of Commerce to be set up soon Iran-Japan Joint Chamber of Commerce to be set up soon
12 June, 2019
Iran-Japan Joint Chamber of Commerce will be opened in Tehran in near future, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Chairman Gholam-Hossein Shafeie announced ...
IHS Markit: China is Iran’s last hope to continue exporting oil IHS Markit: China is Iran’s last hope to continue exporting oil
12 June, 2019
Iran’s oil exports will greatly depend on how China will proceed with its crude oil imports from the Islamic Republic, if at all, after the U.S. removed all sanction waivers for Iranian oil customers ...
Iran NPC and IMIDRO sign 2nd MoU on PSEZ Iran NPC and IMIDRO sign 2nd MoU on PSEZ
11 June, 2019
With an aim to organize and speed up the executive operations of petrochemical projects of Parsian Energy Intensive Industrial Special Economic Zone (PSEZ), National Petrochemical Co ...
Iran Forouzan F-18 platform’s topside fully installed Iran Forouzan F-18 platform’s topside fully installed
11 June, 2019
The operation to install the 940 ton topside of F-18 platform of Forouzan offshore shared oilfield on its related jacket ended on 10th of June 2019 ...
Iran’s parliament approves setting up FTZ with Eurasia Iran’s parliament approves setting up FTZ with Eurasia
11 June, 2019
Iranian lawmakers have approved a bill to temporarily run a free trade zone between Iran and Eurasian Economic Union ...
Iran to join Eurasian Economic Union soon: Envoy Iran to join Eurasian Economic Union soon: Envoy
11 June, 2019
Iranian parliament and government will provide legal provisions to join the Eurasian Economic Union in the matter of months, Iran's Representative to the forum of Caspian Sea heads of chambers of commerce ...
U.S. weighs more Iran sanctions over potential trade with EU U.S. weighs more Iran sanctions over potential trade with EU
11 June, 2019
The Trump administration is weighing sanctions against the Iranian financial body set up as a go-between for humanitarian trade with Europe, a move likely to sever the economic and humanitarian lifeline that France ...
India eyes better deal with US in energy sector with Iranian oil in sight India eyes better deal with US in energy sector with Iranian oil in sight
11 June, 2019
In a significant development, amid rising pressure from the US to completely ban crude imports from Iran, India's Minister of Petroleum and Natural Gas Dharmendra Pradhan held wide-ranging telephone discussions ...
S. Korea asks US to consider exporters' woes after scrapped Iran sanctions waiver S. Korea asks US to consider exporters' woes after scrapped Iran sanctions waiver
11 June, 2019
South Korea's finance minister has called for positive US consideration in resolving difficulties facing smaller South Korean companies due to US sanctions on Iran ...
China’s oil imports slump in May as the Iran imports slashed China’s oil imports slump in May as the Iran imports slashed
11 June, 2019
China’s crude oil imports dropped in May from a monthly record in April, as Chinese refiners drastically reduced Iranian oil imports after the end of the U.S. waivers and as some state refineries ...
Germany announce system to beat US sanctions on Iran Germany announce system to beat US sanctions on Iran
11 June, 2019
A European payment system designed to circumvent US sanctions on Iran will be ready soon, Germany announced yesterday ...
Iran, Japan need to fix oil trade, banking ties: Envoy Iran, Japan need to fix oil trade, banking ties: Envoy
10 June, 2019
Tehran’s ambassador to Tokyo has said Iran and Japan need to revitalize their oil trade and banking relations as they have been affected by U.S. sanctions on Iran ...
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