Tehran, YJC. The Oil Ministry has chosen Mohammad Hossein Adeli as Iran’s proposed choice to be elected Secretary General of the Gas Exporting Countries Forum.
Oil prices rose in Asia on Wednesday as investors expect a US stockpiles report to show a fall, indicating firm demand in the world's top crude consumer, analysts said.
Tehran, YJC. -- Oil prices rose in thin Asian trade Monday, supported by fears that the unrest in Egypt could spread across the Middle East and block off supplies, analysts said.
Tehran, YJC. -- Oil prices slipped in Asian trade Tuesday on a stronger dollar as investors awaited US data that could hasten the Federal Reserve's decision to taper its vast stimulus programme, analysts said.
Tehran, YJC. The Majlis has said that it will hold an emergency meeting with the Oil Ministry to discuss the reasons for importing oil rigs from China.
Tehran, YJC. After delays in South Pars expansion, the Hengam project for increasing oil production was inaugurated on Thursday as the President’s only project in this field.
Tehran, YJC. To secure its Urals market in Europe, Russia has initiated talks with Iran to by oil from the country, proposing to Iran to launch a south-north reverse swap project.
Tehran, YJC. -- Turkey will not stop importing Iranian crude oil, Turkish minister of energy and natural resources said,. Talking about Turkey's decision not to halt purchasing Iranian crude oil, Taner Yildiz pointed that Turkey has also decided to increase its oil imports from Iraq.
TEHRAN, YJC. -- Oil prices were lower in Asian trade Monday after OPEC kept its output ceiling unchanged and voiced concerns over weak global economic growth dragging crude demand.