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Iran Building First Heavy Oil Refinery on Qeshm Island
Iranian Oil Ministry head Mansour Bazmi said that Iran is constructing its first refinery capable of processing heavy crude oil on its Qeshm island in the Persian Gulf. How People Arrived Here: iran oil reserves
Iran, Pakistan to Press Forward with Natural Gas Pipeline
Iran’s Ambassador to Pakistan Mashallah Shakeri told an Iranian news agency that his nation has already prepared the necessary infrastructure to begin natural gas exports to Pakistan, adding that Tehran is currently waiting for Pakistan side to...
Iran to Install Persian Gulf’s Largest Offshore Oil Platform
Operations to install the P4 platform, built by Iranian experts, in Iran’s offshore Persian Gulf Reshadat oil field, 110km south west of Lavan island, will start next week.
Questions About the Nature of Iran’s Nuclear Ambitions Remain a Top Concern
Western nations on Wednesday warned that they will not let up their pressure on Iran to comply with international demands that it suspend its nuclear enrichment activities and answer questions about its disputed atomic program.
Iran’s Kish Island International Oil Bourse Completes First Oil Transaction
Iran’s Kish Island International Oil Bourse (IOB), which opened last month, has completed its first oil transaction after its official opening earlier this month. The IOB, the Persian Gulf region’s first indigenous oil bourse sold an offering...
Iranian Oil Sales to India Decline
Despite Iran’s eagerness to supply customers, Iranian oil sales this year have dropped to 18.5 million tons from last year’s exports of 21 million tons.
Iran Opens Oil Bourse – Harbinger of Trouble for New York And London?
The last three years of global recession have dealt a major blow to American capitalist ideas trumpeted throughout the world on the value of “free markets.” Wall St has been revealed as a form of casino economy, with the bankster insiders gambling...
National Iranian Oil Company to Issue $15 Billion in Bonds
National Iranian Oil Company Managing-Director Ahmad Qalebani said that his company will issue $15 billion oil bonds in 2011. How People Arrived Here: nioc- mauritania
