Crude oil storage capacity increased

Crude oil storage capacity increased

Mohammadi, the executor of the plan to build strategic crude oil tanks, announced the increase of 4 million barrels of crude oil storage capacity.
China; The main winner of Iran and Russia oil sanctions

China; The main winner of Iran and Russia oil sanctions

By bypassing the western financial system and shipping services, China has created a way to import Iranian oil. Independent Chinese refineries buy 90% of Iran's total oil exports. This strategy allows China to avoid having its major international banks placed on the US financial sanctions list.
development road project; From bypassing Iran to China’s oil interests

development road project; From bypassing Iran to China’s oil interests

According to the exclusive report of Energy Press, this week, in a ceremony attended by the President of Turkey and the Prime Minister of Iraq, a four-way memorandum of understanding between Iraq, Turkey, Qatar and the UAE was signed for cooperation in the development road project. The development road project, which was announced at the

The nuclear memorandum of Iran’s Ministry of Oil

The nuclear memorandum of Iran’s Ministry of Oil

A memorandum of cooperation was signed between the Ministry of Oil and the Atomic Energy Organization of Iran with the aim of realizing common goals and developing cooperation in meeting the needs and improving the technological capabilities of the country.