The department’s director general Farhad Gholinejad says the pollution is now affecting different patches of sand beaches in the city of Bushehr. Gholinejad said Bushehr municipality and the Directorate General of Ports and Navigation of Bushehr have launched a cleaning
Tag: Oil
Raisi says Iran l ready to share oil and gas experience with Trinidad and Tobago
Those are the words of Iranian President Ebrahim Raisi during a meeting with Trinidad and Tobago’s Prime Minister Keith Rowley in Qatar. Raisi also praised the spirit of seeking independence and freedom among nations in Latin America, saying Iran has
Iranian govt. oil budget: A return to oil addiction era?
According to Eghtesad News website, with the approval, Iran’s estimated oil revenues next year will reach 484 thousand billion tomans (more than 19 billion dollars). Earlier, Iranian Economy Minister Ehsan Khandouzi criticized the decision of parliament’s Joint Commission, calling it
Oil prices extend losses as Iran nuclear deal nears
Brent crude futures fell 47 cents, or 0.5%, to $92.50 a barrel at 0410 GMT, extending a 1.9% drop from the previous session. U.S. West Texas Intermediate (WTI) crude futures shed 62 cents, or 0.7%, to $91.14 a barrel, after
Japan mulls resuming Iran oil imports, pending Vienna talks
It will take about two-to-three months to resume oil imports from Iran if and after such an agreement on the nuclear deal is made as the refiner will need to make various arrangements such as insurance and shipping, Eneos Chairman
Report: South Korea plans to resume oil imports from Iran
South Korea’s Yonhap News Agency said with the Vienna talks entering their final stage, Iranian bankers and Oil Ministry officials are in Seoul for talks with South Korean officials over pending economic issues. Meanwhile, South Korea’s Foreign Ministry said Wednesday
OPEC: Iran’s 2021 oil output grew 21% compared with 2020
Iran’s oil output in 2020 stood at 1.98 million barrels per day. It increased to 2.4 million barrels in 2021. Global oil production, which reached about 91 million barrels per day in 2020, right in the midst of the coronavirus
Oil prices hit seven-year high over Russia-Ukraine tensions
Brent crude futures was at $95.65 a barrel by 0742 GMT, up $1.21, or 1.3%, after earlier hitting a peak of $96.16, the highest since October 2014. U.S. West Texas Intermediate (WTI) crude rose $1.28, or 1.4%, to $94.38 a
OPEC chief hails Iran’s role in world’s oil cartel
Sanusi said as a founding member of OPEC, Iran continues to play a key role in the organization through its clever guidance and careful experience. He made the comments in a message to Iranian Oil Minister Javad Ouji. While congratulating
Oil minister: Iran boosting refineries to decrease crude sales
Javad Owji said Friday that the development of Iran’s oil sector and investment in the field are among the Iranian administration’s top priorities given the vast resources of oil and gas existing in the country. “In the next three years,
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Multiple People Injured in Fire at Oil Refinery in Texas
Emergency medical workers were on the scene of a “major industrial accident” at an Exxon Mobil plant in Texas where at least four people were injured on Thursday morning, the authorities said. A fire broke out around 1 a.m. local
Oil in Troubled Waters
A section of the BP Eastern Trough Area Project oil platform in the North Sea, February 2014. (Andy Buchanan/Pool via Reuters) The week of November 29: oil, climate, infrastructure, and much, much more. In the last Capital Letter (from two
A timeline of the California oil spill, from the first report to the clean-up
The time period between those two events is now under closer scrutiny as the extensive oil spill has shut prized beaches, damaged coastal habitats and threatened the health of animals and people who call the area home. The leak is
Cause of catastrophic California oil spill could be revealed Tuesday
The pipeline breach released more than 140,000 gallons of oil. An anchor is “one of the distinct possibilities” behind the leak. Gov. Gavin Newsom declared a state of emergency. HUNTINGTON BEACH, Calif. – Authorities could determine as soon as Tuesday the