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Iran: Oil above $55 per barrel not to OPEC's benefit
Feb 23, 2017 10:29Iran says the member states of the Organization of the Petroleum Exporting Countries (OPEC) will not benefit if oil prices increase beyond $55 per barrel.
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Iran oil minister in Baghdad for energy talks
Feb 20, 2017 14:22Iran’s Minister of Petroleum Bijan Zangeneh has traveled to Baghdad at the head of a delegation to review energy agreements between the two neighbors.
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Official rejects Total pulling out of Iran project
Feb 20, 2017 12:51A senior Iranian energy official has rejected reports that France’s Total had pulled out of an initial deal to develop part of Iran’s giant South Pars gas field.
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France’s imports of oil from Iran jump in Jan.
Feb 19, 2017 10:06Iran has reported a major rise in exports of crude oil to France in January – an announcement that comes as the country is already expanding the list of its European oil clients.
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Belarus purchases first ever oil cargo from Iran
Feb 17, 2017 13:05Reuters reported that Belarus’s Bel Oil had purchased 80,000 tons – equal to 600,000 barrels – of Iranian Light and Heavy crude oil from National Iranian Oil Company (NIOC) for loading in February.
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Iran found 30 billion barrels of oil: Official
Feb 13, 2017 14:25Iran has discovered about a dozen new oil fields with in-place reserves of 30 billion barrels, head of exploration at National Iranian Oil Company (NIOC) says.
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Lotos eyeing long-term Iran oil supply deal
Feb 12, 2017 13:58Poland's second-biggest refiner Lotos says it is looking into sealing a long-term oil supply deal with Iran.
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Iran says reliance on oil reduced
Feb 10, 2017 10:29President Hassan Rouhani says his administration has been able to reduce the country’s reliance on oil revenues over the past three years.
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Saudi Aramco picks Israel-linked banker
Feb 08, 2017 09:05Saudi Arabian Oil Co. (Aramco) has chosen the New York-based boutique investment bank Moelis & Co to give advice on its initial public offering, reports say.
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Europe preparing for biggest Iran oil imports
Jan 26, 2017 09:12Market figures show Europe is preparing to import the highest amount of crude oil from Iran in five years this month.