Oil

  • Oil exports in Iran at 2.1 m/bpd in June

    Oil exports in Iran at 2.1 m/bpd in June

    Aug 17, 2016 15:56

    Iran says its exports of crude oil reached 2.1 million barrels per day (m/bpd) in June. Yet, a top official in Tehran says the figure is still at least 0.4 m/bpd less than the average volume of oil exports of the country before the US-engineered sanctions were imposed against it.

  • India’s oil imports from Iran at record highs

    India’s oil imports from Iran at record highs

    Aug 15, 2016 13:06

    The latest official figures show India’s imports of crude oil from Iran in July rose to the highest levels in more than five years what to analysts is a fresh sign of robust rise in Iran’s crude export abilities.

  • China to raise gas imports by 500%

    China to raise gas imports by 500%

    Aug 04, 2016 16:02

    China says it plans to increase imports of natural gas by 500 percent before 2030 as part of an ambitious plan to switch from coal to eco-friendly energy.

  • Iran approves new format of oil contracts

    Iran approves new format of oil contracts

    Aug 03, 2016 12:24

    Iran’s cabinet has sealed a new format of the country’s oil sector contracts which is hoped to bring in a considerable volume of foreign investment in the Iranian oil and gas projects.

  • Iran spurs Japan on $10 billion investment plan

    Iran spurs Japan on $10 billion investment plan

    Jul 30, 2016 09:25

    A senior Iranian official has called on Japan to move faster on rolling out a credit package worth $10 billion for investment in Iran.

  • Iran crude oil exports reach new highs: Report

    Iran crude oil exports reach new highs: Report

    Jul 29, 2016 10:51

    The latest market figures show that Iran’s exports of crude oil have already reached the highest levels in more than four years.

  • Iran to name firms eligible for oil awards

    Iran to name firms eligible for oil awards

    Jul 18, 2016 11:41

    Iran says it is putting the final touches on a preliminary list of foreign companies that it says are eligible to participate in its upcoming tenders to develop its oil and gas fields.

  • ​Iranian body approves new oil deals

    ​Iranian body approves new oil deals

    Jul 12, 2016 12:51

    An Iranian advisory body has approved the text of the new format of its oil sector contracts after they were put through certain amendments that had earlier been raised by the critics in the country.

  • Iran says it has regained 80% of its lost oil market share

    Iran says it has regained 80% of its lost oil market share

    Jul 12, 2016 00:59

    Iran says it has already regained about 80 percent of the market share it held before the US and European Union tightened sanctions on its oil industry in 2012.

  • Iran plant blaze not act of sabotage: Minister of petroleum

    Iran plant blaze not act of sabotage: Minister of petroleum

    Jul 08, 2016 12:58

    Minister of Petroleum Bijan Zangeneh says a raging blaze at a petrochemical plant in southwest Iran has not been caused as a result of an act of sabotage.