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Iran Transportation Sector's Energy Consumption Alarming

EghtesadOnline: A Majlis Research Center survey has revealed that total energy produced in Iran annually is equal to energy produced by burning 1.8 billion barrels of crude oil , of which 25% is consumed in the transportation sector.
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Publish Date:26/October/2019 | 14:23

Iran's Non-Oil Foreign Trade Tops $42b

EghtesadOnline: Iran's overall non-oil foreign trade (except crude oil , mazut, kerosene and exports via suitcase trade) during the first half of the current Iranian year (March 21-Sept. 22) stood at $ 2.16 billion, indicating a 8.07% decline compared with same period of last year, the Islamic Republic of Iran Customs Administration reported.
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Publish Date:08/October/2019 | 06:14

Uptrend in Iran Energy Consumption, Waste

EghtesadOnline: Total energy produced in Iran in 2016 was equal to energy that is produced by burning 3.4 billion barrels of crude oil , up 18% compared to 2015.
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Publish Date:11/September/2019 | 24:05

Oil, Derivatives Supply Infrastructure Expands

EghtesadOnline: Crude oil and the derivatives supply chain has extended by another 700 kilometers, managing director of the Iranian Oil Pipeline and Telecommunication Company's Tehran office said on Monday.
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Publish Date:03/September/2019 | 10:10

China's Crude Imports From Iran Up 5%

EghtesadOnline: China's crude oil imports from Iran rose 4.7% month on month to 926,119 bpd in July, while the US ranked as the eighth largest crude supplier as shipments surged to a 13-month high of 362,364 bpd, data made available Tuesday by China's General Administration of Customs showed.
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Publish Date:28/August/2019 | 10:48

$427m Crude Oil Salaf Securities on Iran Energy Exchange

EghtesadOnline: On government behalf, the Economy Ministry will offer standard parallel salaf securities for crude oil worth 50 trillion rials ($427 million) today (Tuesday). The Iran Energy Exchange will host the trade.
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Publish Date:13/August/2019 | 11:53

Japan Will Continue Importing Middle East Oil

EghtesadOnline: Japan will continue importing crude oil from the Middle East despite escalating tensions in the Strait of Hormuz, but will also make efforts to diversify supply sources, Minister of Economy, Trade and Industry Hiroshige Seko said Tuesday.
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Publish Date:24/July/2019 | 10:18

Iran Energy Exchange Eases Oil Sales to Foreigners

EghtesadOnline: Foreign natural entities are allowed to place an order for crude oil offered in Iran Energy Exchange (IRENEX), a move to facilitate foreigners’ participation in Iran’s energy market.
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Publish Date:08/July/2019 | 09:04

New Crude Offer on IRENEX Stalls

EghtesadOnline: A new round of crude oil offer on the Iran Energy Exchange ended Tuesday without any trade. The offer was the eighth of its kind and the first in the new fiscal that started on March 21.
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Publish Date:10/April/2019 | 24:23

Oil, Condensate Offer on IRENEX Before Yearend

EghtesadOnline: The National Iranian Oil Company will launch two new offers of crude oil and natural gas condensate on the Iran Energy Exchange before the calendar year is out on March 20.
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Publish Date:09/March/2019 | 15:16

35,000 Barrels of Crude Oil Sold on IRENEX

EghtesadOnline: The fifth round of crude oil offer on Iran Energy Exchange ended Monday with only one cargo (350,000 barrels) out of the one million offer sold on the stock market.
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Publish Date:19/February/2019 | 11:38

New Terms to Motivate Oil Traders in Iran Energy Exchange

EghtesadOnline: After the last two offers of crude oil on the Iran Energy Exchange (IRENEX) ending in vain, officials with the National Iranian Oil Company and capital market say they are determined to continue with the offers by sweetening the trading terms.
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Publish Date:12/February/2019 | 13:11

No Customers for Oil Offered on IRENEX

EghtesadOnline: The fourth offering of crude oil at Iran Energy Exchange ended with no deals on Monday, marking the second session of no trade after Iran offered oil on its stock market in October.
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Publish Date:05/February/2019 | 15:28

4th Round of Oil Sale on IRENEX Next Week

EghtesadOnline: The Iranian National Oil Company announced in a notice on Monday that the fourth round of crude oil sale will be launched on Iran Energy Exchange on February 4.
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Publish Date:29/January/2019 | 15:00

Iran Oil Swap Deals Await Renewal

EghtesadOnline: Crude oil and petroleum products’ swap deals have expired and are not extended yet, managing director of the Iranian Oil Pipeline and Telecommunications Company Abbas-Ali Jafari-Nasab said.
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Publish Date:29/January/2019 | 14:52

Oil Trade on Iran Energy Exchange in Rials

EghtesadOnline: The Supreme Council of Economic Coordination – a special body comprising heads of the three branches of government – has agreed to the total settlement in rials of payments for crude oil sales on the Iran Energy Exchange.
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Publish Date:23/December/2018 | 15:30