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oil
Russia to extend voluntary oil production cut until end of 2024
Monday, 05 June 2023 15:10
Russia will extend its voluntary oil production cut of 500,000 barrels per day until the end of December 2024, Russian Deputy Prime Minister said on Sunday after a meeting of OPEC+ group of leading oil producers.
OPEC+ discussing deepening oil production cuts, sources say
Saturday, 03 June 2023 12:17
OPEC and its allies are discussing deepening oil production cuts, possibly by as much as 1 million barrels per day, three sources told Reuters on Friday as oil prices fell towards $70 per barrel and market analysts spoke of a new supply glut.
Jask oil terminal It guarantees the continuation of oil exports: Official
Monday, 27 February 2023 13:48
IP- The head of the Iran Oil Terminals Company (IOTC) said: “Jask Oil Terminal, as a national and strategic project, guarantees the continuation of oil exports.”
Tehran University ready to meet Nicaragua's tech needs
Friday, 03 February 2023 14:53
Tehran (IP) - The Head of Tehran University's Science and Technology Park says the complex is ready to meet Nicaragua's needs in such fields as oil, petrochemical, and agriculture.
Nigerians cry out over fuel sortage, high prices
Monday, 05 December 2022 09:49
Kano(IP) - Nigeria, despite being Africa's largest oil producer, people suffers from fuel shortages and the rising cost of transportation.
Fire at oil storage tank in Russia's Bryansk region
Wednesday, 30 November 2022 14:06
A large oil storage tank was on fire early on Wednesday in Russia's Bryansk region, a local governor said.
Tondgouyan Petchem Plant to celebrate catalyst celf-sufficiency
Tuesday, 29 November 2022 16:09
Tehran (IP) - Head of Research and Technology of Shahid Tondgouyan Petrochemical Plant said the company is to be the first Iranian petrochemical firm to celebrate the localization of all the catalysts, chemicals, and heat transfer intermediate oils with the cooperation of Iranian knowledge-based companies.
Yemen oil; cake for others
Saturday, 26 November 2022 18:05
Yemen (IP) - The new documents on Yemen's oil exports show that Petromsila Oil Company in Hadhramout Province has recently sold several million barrels of oil.
Yemen shows extreme reaction to Westerners' intervention
Friday, 11 November 2022 13:38
Yemen (IP) - The Yemeni National Salvation Government showed an extreme reaction to the interventionist statement of the US, UK, and France about the operation against looting the oil of Yemen.
Iran newspapers: 27 billion dollars investment in oil
Monday, 24 October 2022 08:09
During the last year, five oil agreements have been signed with domestic companies.
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