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Russia again leaves everyone guessing on Iran deal
Sep 23, 2017 11:32Russian Energy Minister Alexander Novak says deliveries of Iranian crude to his country under the "oil-for-goods" program can start shortly.
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Iran to raise oil output to 4.5 mb/d
Sep 11, 2017 07:11Iran says it expects to increase its production of crude oil to as much as 4.5 million barrels per day (mb/d) within the next five years.
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Iran oil output not matching up with reserves: Oil minister
Aug 29, 2017 10:34Oil Minister Bijan Zanganeh says Iran currently produces more than 3.8 million barrels per day (bpd) of crude oil, roughly the same production level before the 2012 sanctions.
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Iran port gets first oil swap cargo in 7 years: Report
Aug 12, 2017 07:45Oil and gas explorer Dragon Oil has shipped a cargo of oil from Turkmenistan to a port in northern Iran, apparently resuming a swap scheme which the Islamic Republic halted in 2010.
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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.