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Iran official sees US partnership potential under Trump
Jan 25, 2017 11:07A senior Iranian energy official sees “a great potential for engagement and partnership in Iran for American companies” under US President Donald Trump.
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German companies voice interest to invest $12bn in Iran's oil industry
Jan 24, 2017 10:12Several major oil and petrochemical companies from Germany have expressed interest to invest in Iran's oil sector.
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Naphtha export brings Iran closer to milestone
Jan 23, 2017 11:39Iran has sold its first consignment of naphtha produced at the Persian Gulf Star Refinery to the UAE as the countdown nears for the operation of the world’s largest condensate refinery.
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Russia says it has lowered oil output by average 100k bpd
Jan 21, 2017 16:22Russia says it has lowered its oil output in the wake of a landmark deal struck in November by the Organization of the Petroleum Exporting Countries (OPEC) to spur prices through reduced production.
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‘Sri Lanka interested in buying oil from Iran’
Jan 15, 2017 09:52Sri Lanka says it is still interested in purchasing crude oil as well as oil products from Iran.
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S Korea's oil imports from Iran up 8 times
Jan 15, 2017 09:50Official figures show South Korea’s imports of oil from Iran last December soared about eight times greater than a year ago.
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Iran’s sells $30bn crude in 9 months
Jan 14, 2017 15:42Deputy petroleum minister says Tehran’s total crude oil and condensate sales reached around $30 billion in the first 9 months of the current Persian calendar year which started on March 20.
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India's 2016 Iran oil imports hit record high
Jan 13, 2017 12:20Official figures show India’s imports of crude oil from Iran hit a record high in 2016 as some refiners resumed purchases after the lifting of sanctions against Tehran.
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Nigeria oil, gas workers on strike over payment
Jan 10, 2017 11:43Nigerian oil and gas workers have staged a walkout, claiming that they have not received payment.
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Iran’s daily oil production near 4mn barrels
Jan 10, 2017 09:43Iran says its production of oil has reached around 4 million barrels per day (mb/d) – a yet another indication that the country is regaining its crude production abilities after multiple years of sanctions.