Sunday Sep 23, 2018

PetroEnergy Information Network

Latest Stories

Iran to Sell Oil on Domestic Stock Market in Hard Currency
TEHRAN (Shana) -- The Supreme Economic Coordinating Council has approved a plan to sell oil in hard currency at the Iranian stock market with the aim of diversifying methods of selling oil at the market's trading floor.
Saturday22 September 201818:21
My Brother, Bouteflika!
TEHRAN (Shana) -- The tenth meeting of the Joint Ministerial Monitoring Committee (JMMC) will be held on Sunday with Saudi Arabia as its president, and the energy ministers of Russia, Algeria, Oman, Kuwait and Venezuela as members and some other OPEC and non-OPEC ministers. I have come to Algeria because I think there will be outstanding news on the issues related to the meeting. Yesterday, word had gotten out that 20 oil ministers were scheduled to attend the meeting.
Saturday22 September 201815:19
OPEC-Non-OPEC JMMC No Decision-Making Body
TEHRAN (Shana) -- Iran’s Minister of Petroleum Bijan Zangeneh said the Joint OPEC/Non-OPEC Ministerial Monitoring Committee (JMMC) is not legally competent to make decisions about adjustment of production quotas.
Thursday20 September 201813:54
Oil Market Can’t Ignore Iran
TEHRAN (Shana) -- Oil market has been experiencing special conditions in recent months. On one hand, oil prices have followed an upward trend while on the other, US President Donald Trump is imposing oil sanction on Iran and calling on OPEC countries to help his anti-Iran campaign.
Monday17 September 201810:47
Iran Replaces 2,222 Old Heavy-Duty Trucks with New Ones
TEHRAN (Shana) – Iran Fuel Conservation Company (IFCC) has received 2,222 trucks to replace old ones in a bid to renovate the country's road transportation fleet.
Sunday16 September 201814:08
Tehran, Ashgabat to Bolster Gas Swap
TEHRAN (Shana) -- Head of the Presidential Office Mahmoud Vaezi said Iran and Turkmenistan will establish an oil and gas committee to bolster energy ties.
Saturday15 September 201816:16
NISOC Launches Smokeless Flare in Khuzestan
TEHRAN (Shana) -- The National Iranian South Oil Company (NISOC) launched a smokeless gas flare in Ahwaz, southwestern Iran, in a push to fulfill its environmental agenda.
Saturday15 September 201814:33
Iran OPEC Boss Lambastes Saudi Arabia, UAE for Welcoming Iran Oil Sanctions
TEHRAN (Shana) -- Iran's OPEC Governor Hossein Kazempour Ardebili said not much is left of OPEC's international credibility as an organization thanks to the measures taken by such members as Saudi Arabia and the UAE against other founding members like Iran.
Saturday15 September 201811:12
Bringing Iran Oil Exports to Zero Impossible: MP
TEHRAN (Shana) -- A member of the Iranian parliament said, "Bringing Iran's oil exports to zero is practically impossible."
Tuesday11 September 201816:54
PGPIC Ranked 38th in ICIS Top Chemical Companies
TEHRAN (Shana) -- The ranking of Iran's Persian Gulf Petrochemical Industries Company (PGPIC) improved several levels at the ICIS 100 Top Chemical Companies list for 2018.
Tuesday11 September 201812:54
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