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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.
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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.