Oil

  • Japan’s imports of Iran’s oil up 26%

    Japan’s imports of Iran’s oil up 26%

    Oct 15, 2016 02:32

    The latest official figures show that Iran’s exports of crude oil to Japan increased by almost a quarter from January to August.

  • Iran negotiating oil deal with Poland

    Iran negotiating oil deal with Poland

    Oct 10, 2016 14:27

    Iran says it is discussing a long-term deal to sell crude oil to Poland – what could widen the list of the country’s European oil clients once finalized.

  • BP, Hungary buy first post-sanctions Iran oil

    BP, Hungary buy first post-sanctions Iran oil

    Oct 05, 2016 10:58

    British oil company BP has clinched its first oil deal with the National Iranian Oil Company (NIOC) since last year’s landmark nuclear accord for purchase of condensate, a NIOC official says.

  • Iran’s oil exports hit pre-sanctions high

    Iran’s oil exports hit pre-sanctions high

    Oct 04, 2016 02:17

    Reports say Iran has already been able to increase its oil exports to levels that existed before sanctions were imposed on the country in 2011.

  • President Rouhani phone conversation with Maduro over oil prices

    President Rouhani phone conversation with Maduro over oil prices

    Oct 04, 2016 02:04

    President Hassan Rouhani says oil producing countries must take decisions to increase the oil price at international markets.

  • Oil firms present proposals for Iran projects

    Oil firms present proposals for Iran projects

    Oct 03, 2016 02:16

    The Islamic republic of Iran has received the first wave of proposals by major international companies to develop oil and gas projects within the new format of oil contracts recently approved by the administration of President Hassan Rouhani.

  • Saudis grandstanding but Iran has upper hand

    Saudis grandstanding but Iran has upper hand

    Sep 28, 2016 14:32

    As OPEC countries gather in Algiers on Wednesday to discuss how to stabilize the oil market, Saudi Arabia has resorted to political grandstanding against Iran.

  • Calls emerge in Iran to join oil freeze plan

    Calls emerge in Iran to join oil freeze plan

    Sep 19, 2016 00:52

    Calls are growing in Tehran that the Islamic Republic should join an emerging oil freeze plan to help stabilize prices in international markets.

  • Oil meet must ensure all sides’ interests: Iran

    Oil meet must ensure all sides’ interests: Iran

    Sep 18, 2016 07:09

    Iran’s President Hassan Rouhani has called for close cooperation among oil producers to help an upcoming OPEC meeting in Algeria achieve its express aim of stabilizing the market.

  • Majlis endorses new oil contract

    Majlis endorses new oil contract

    Sep 17, 2016 10:26

    Majlis has given the go-ahead to the government to put a new oil contract model into effect, the Ministry of Petroleum’s Shana news agency reported on Saturday.