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Iran to send oil minister to OPEC meeting in Vienna
May 23, 2017 12:17Iran's Oil Minister Bijan Zanganeh is scheduled to leave Tehran for Vienna to attend the 172nd meeting of the member countries of the Organization of the Petroleum Exporting Countries (OPEC).
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Iran says supports extending oil output cuts
Apr 16, 2017 10:41Iran has indicated its support for extending a crucial oil output agreement by world’s biggest producers that helped stabilize prices in markets since its implementation early this year.
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Iran’s oil output to reach 4mn/b next March
Apr 12, 2017 12:26Iran’s Oil Minister says he expects the country’s overall oil production capacity to reach around four million barrels per day (mb/d) by next March.
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Iran sold all oil stored at sea – report
Apr 06, 2017 08:05Oil market sources say Iran has sold all the oil it had stored at sea for years – a sign of the country’s positive performance in marketing its vital crude oil supplies.
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Iran: Oil exports near record 3 million bpd
Apr 01, 2017 09:30Total exports of crude oil and gas condensate by Iran neared a record 3 million barrels per day (bpd) in the Persian month of Esfand which ended on March 21, Minister of Petroleum Bijan Zangeneh says.
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Iran using gas injections to boost oil output
Mar 16, 2017 11:36Speculations are emerging in media that Iran is injecting huge amounts of natural gas into its aging oil fields to boost its production of crude oil.
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Asian imports of Iran’s oil up about 70%
Feb 28, 2017 10:02The latest market figures show that imports of Iranian crude oil by Asia's four main buyers increased by about 70 percent in January.
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Russia to buy 100,000 bpd of Iran oil: Russian Minister
Feb 27, 2017 11:33Energy Minister Alexander Novak says Russia is negotiating daily purchases of 100,000 barrels of crude oil from Iran.
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Iran’s condensate exports hit new record
Feb 26, 2017 08:56The latest official figures show that Iran exported a record volume of 24 million barrels of condensate to Europe and Asia in January.
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BASF in talks with Iran over oil investment
Feb 24, 2017 14:40Germany's BASF, the country’s largest producer of chemicals, says it is in talks with Iran over possible investments in the Iranian oil industry.