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Iran says oil exports undisrupted as sanctions loom
May 14, 2018 14:00A top Iranian oil official says all of the country’s oil cargoes have designated customers worldwide, stressing that the potential US sanctions have not thus far undermined the flow of oil supplies to international markets.
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Italy’s ENI says Trump’s JCPOA exit to destabilize oil markets
May 13, 2018 12:05Italy’s energy giant ENI says it expects the re-imposition of sanctions against Iran to create disruptions in oil markets as a result of which investors would eventually suffer.
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Iran oil exports to Asia surge ahead of possible US sanctions
May 08, 2018 16:52Refinery maintenance coupled with a release of floating storage volumes pushed Iran's crude and condensate exports in April to multi-year highs, although output remained stable.
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Iran rejects drop in India oil imports, predicts rise
Apr 25, 2018 13:10Iran’s Ministry of Petroleum has rejected reports of a decline in oil exports to India, saying the South Asian country’s imports in fact hit an unprecedented record of 700,000 barrels per day (bpd) in April.
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Iran’s LPG exports jump amid US-China trade spat
Apr 24, 2018 15:59LPG shipments scheduled to be lifted from Iran in April rose further to around 500,000 mt, almost matching January shipments of 520,000 mt which was the highest volume since Western sanctions against the Middle Eastern producer were removed in January 2016, shipping sources said.
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Iran's refinery tightens Asia's condensate market
Mar 27, 2018 18:41The National Iranian Oil Co. has cut South Pars condensate term allocations for the second quarter by 25% from Q1 to around 350,000 b/d, a NIOC official says.
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Iran sees oil production steady amid Trump threats
Mar 17, 2018 13:40Iran will not raise oil production in the new Persian year which begins on Wednesday, Managing Director of the National Iranian Oil Company (NIOC) says.
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Japan’s halt throws Iran oil sales to 2-year low
Mar 10, 2018 14:32Japan will not lift any Iranian crude oil this month which will also see Iran’s exports fall to the lowest level in two years, unconfirmed reports say.
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India’s OVL signs $900 million Iran oilfield deal
Mar 06, 2018 17:36India’s ONGC Videsh Ltd (OVL) has signed a cooperation agreement with Iran’s IDRO Oil to jointly bid for a $900 million development plan of Susangerd oilfield in southwest Iran, IRNA reported on Tuesday.
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Iran’s prized oil not enough to quench Asia’s thirst
Feb 28, 2018 06:28Iran’s exports of condensates are set to fall in the coming months as more phases of the Persian Gulf Star Refinery are coming online.