-
Iran rejects drop in India oil imports, predicts rise
Apr 25, 2018 08:40Iran’s Ministry of Petroleum has rejected reports of a decline in oil exports to India, saying the South Asian country’s imports in fact hit an unprecedented record of 700,000 barrels per day (bpd) in April.
-
Iran’s LPG exports jump amid US-China trade spat
Apr 24, 2018 11:29LPG shipments scheduled to be lifted from Iran in April rose further to around 500,000 mt, almost matching January shipments of 520,000 mt which was the highest volume since Western sanctions against the Middle Eastern producer were removed in January 2016, shipping sources said.
-
Iran's refinery tightens Asia's condensate market
Mar 27, 2018 14:11The National Iranian Oil Co. has cut South Pars condensate term allocations for the second quarter by 25% from Q1 to around 350,000 b/d, a NIOC official says.
-
Iran sees oil production steady amid Trump threats
Mar 17, 2018 10:10Iran will not raise oil production in the new Persian year which begins on Wednesday, Managing Director of the National Iranian Oil Company (NIOC) says.
-
Japan’s halt throws Iran oil sales to 2-year low
Mar 10, 2018 11:02Japan will not lift any Iranian crude oil this month which will also see Iran’s exports fall to the lowest level in two years, unconfirmed reports say.
-
India’s OVL signs $900 million Iran oilfield deal
Mar 06, 2018 14:06India’s ONGC Videsh Ltd (OVL) has signed a cooperation agreement with Iran’s IDRO Oil to jointly bid for a $900 million development plan of Susangerd oilfield in southwest Iran, IRNA reported on Tuesday.
-
Iran’s prized oil not enough to quench Asia’s thirst
Feb 28, 2018 02:58Iran’s exports of condensates are set to fall in the coming months as more phases of the Persian Gulf Star Refinery are coming online.
-
India drops ‘retaliation’ mode to buy more Iran oil
Feb 20, 2018 14:30State-owned Indian refiners are set to raise their oil purchases from Iran amid unconfirmed reports that the Iranian Ministry of Petroleum had offered 100% discount on its freights.
-
Sanchi tragedy slashed Iran’s oil exports to South Korea
Feb 18, 2018 03:04Recent figures show that Iran’s exports of oil to South Korea dropped by almost a half in January after a tanker incident off China’s shores, but the country’s exports to India rose nonetheless by above 50 percent.
-
Iranian tanker ‘leaves two oil slicks in East China Sea’
Jan 17, 2018 08:45An Iranian oil tanker that collided with another vessel and went down after more than a week of burning in the East China Sea has produced two oil slicks.