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Kurdish authorities balk at Iraqi oil transfer to Iran
Aug 05, 2017 08:39Authorities in the autonomous Iraqi Kurdistan have opposed exporting oil from the northern fields of Kirkuk via Iran, marking their first escalation of a spat which has started with secessionist calls.
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Iran’s oil exports to China to reach record levels
Aug 04, 2017 09:17Speculations are rising that Iran’s oil exports to China would rise to the highest levels over the past 11 months in August.
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Saudi Arabia mulls cutting oil exports by 1 million bpd: Report
Jul 19, 2017 07:55Saudi Arabia may unilaterally cut its oil exports by 1 million barrels a day (bpd) in the face of a market glut which is the result of years of overproduction.
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Iran sees strategic gains in Total deal
Jun 18, 2017 07:25As Iran is preparing to sing a much-delayed deal with the French energy giant Total over the development of a major gas project, indications are growing that Tehran is already looking at the political messages that the deal could send to the world.
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Iran names Russian firms to major project
Jun 17, 2017 08:12The National Iranian Oil Company (NIOC) has added four Russian companies and Azerbaijan’s state oil firm Socar to the list of firms qualified for development work in the Islamic Republic.
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Iran oil exports to West return to pre-sanction levels
Jun 10, 2017 09:57Iran’s hard-fought mission to recoup its oil market share in the West is almost complete after exports in May came within a whisker of pre-sanction levels.
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Iran, Russia sign ‘revised’ oil-for-goods deal
Jun 02, 2017 09:17Russia says it has signed a revised contract with Iran over a much-debated and long-delayed scheme to barter crude oil with goods and commodities.
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Iran signed deal with Gazprom over Farzad B: Zanganeh
May 31, 2017 10:28Iran says it has signed a basic agreement with Russia’s energy giant Gazprom over the development of Farzad B gas field – a project which the country has for long been negotiating with an Indian consortium.
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Total to ink $4 billion Iran gas deal before summer
May 27, 2017 10:00Iran will sign a $4 billion deal with France’s Total to develop phase 11 of the giant South Pars gas field before summer, Minister of Petroleum Bijan Zangeneh says.
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Iran not expecting OPEC call to cut output: Zanganeh
May 24, 2017 09:08Petroleum Minister Bijan Zanganeh says he does not expect the Organization of the Petroleum Exporting Countries (OPEC) to call on the Islamic Republic to reduce its oil production when it meets to discuss extending an oil output deal tomorrow.