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India’s oil imports from Iran at record highs
Aug 15, 2016 17:36The 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.
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Iran approves new format of oil contracts
Aug 03, 2016 16:54Iran’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.
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Iran spurs Japan on $10 billion investment plan
Jul 30, 2016 13:55A senior Iranian official has called on Japan to move faster on rolling out a credit package worth $10 billion for investment in Iran.
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Iran crude oil exports reach new highs: Report
Jul 29, 2016 15:21The latest market figures show that Iran’s exports of crude oil have already reached the highest levels in more than four years.
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Iran to name firms eligible for oil awards
Jul 18, 2016 16:11Iran 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.
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India clearing remaining Iran oil dues via German Bank
Jun 09, 2016 20:06Indian refiners have started to settle the rest of their outstanding oil dues to Iran via State Bank of India and Germany-based bank Europaeisch-Iranische Handelsbank AG (EIH), a report said.
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Rapid surge seen in Iran’s oil exports
Jun 06, 2016 14:28More indications have appeared that show Iran has been able to increase its oil exports at a much faster pace than earlier anticipated.
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Iranian tankers now free to dock at any port
May 13, 2016 18:23A top Iranian oil official said on Friday that sanctions on Iranian shipping lines have been completely removed, adding that Iranian tankers presently have no problem to travel to ports around the world.
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IEA says Iran’s oil output rose faster than expected
May 12, 2016 20:01The International Energy Agency (IEA) announced on Thursday that Iran’s oil production has risen faster than expected, reaching levels not seen since before the Western sanctions against the country were tightened in 2011.
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Iran oil exports hit 2.4 million bpd
May 07, 2016 16:35Minister of Petroleum Bijan Zangeneh says Iran’s daily production of oil and condensate has risen to 2.4 million barrels.