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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.
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Iran says Inpex tipped to win Azadegan
Jan 05, 2017 10:54Japan's largest oil and gas exploration and production company is reportedly trying to win a contract over the development of a major oil project in Iran that it abandoned in 2010.
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"Iran plans 40% oil recovery rate in 30 years"
Jan 01, 2017 10:55A senior Iranian oil official says the country has plans to bring its oil recovery rate to an average of 40% in a 30-year period.
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Asia imports of Iranian oil more than doubled
Dec 28, 2016 11:06India and South Korea have raised oil imports from Iran more than four times in a month which saw four major Asian buyers more than double their purchases from a year ago.
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Iran oil production increases by nearly 19% in 9 months
Dec 26, 2016 02:05Iran’s oil production increased by 18.8 percent in the first nine months of 2016, reaching 3.92 million barrels per day (mb/d), the US Energy Information Agency (EIA) says.
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Malaysia’s Petronas to study Iranian oil fields
Dec 22, 2016 09:47Malaysia’s Petronas has signed an agreement to study two Iranian oil fields – the latest in a wave of similar agreements that the country is awarding international energy giants over its most lucrative oil projects.
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Iran to sell 1mn barrels of oil to Indonesia
Dec 20, 2016 07:27Indonesia says it plans to buy 1 million barrels of crude oil from Iran in the first quarter of the next year.