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Iran sees oil production steady amid Trump threats
Mar 17, 2018 10:10Iran 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 11:02Japan 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 14:06India’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 02:58Iran’s exports of condensates are set to fall in the coming months as more phases of the Persian Gulf Star Refinery are coming online.
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India drops ‘retaliation’ mode to buy more Iran oil
Feb 20, 2018 14:30State-owned Indian refiners are set to raise their oil purchases from Iran amid unconfirmed reports that the Iranian Ministry of Petroleum had offered 100% discount on its freights.
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Sanchi tragedy slashed Iran’s oil exports to South Korea
Feb 18, 2018 03:04Recent figures show that Iran’s exports of oil to South Korea dropped by almost a half in January after a tanker incident off China’s shores, but the country’s exports to India rose nonetheless by above 50 percent.
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Iranian tanker ‘leaves two oil slicks in East China Sea’
Jan 17, 2018 08:45An Iranian oil tanker that collided with another vessel and went down after more than a week of burning in the East China Sea has produced two oil slicks.
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Iran: OPEC members not keen on oil price hikes above $60/b
Jan 09, 2018 12:34Iran's Oil Minister Bijan Zanganeh said, "Members of the Organization of the Petroleum Exporting Countries (OPEC) are not keen on increased Brent Crude prices to above 60 dollars per barrel."
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The potential to reshape the geopolitical world
Dec 12, 2017 13:33The US and Saudi Arabia have entered an arrangement whereby terrorist groups would be financed by Saudi Arabia and armed by the Americans and then used in pursuit of US geopolitical goals.
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Iran warns of fallout as Trump hints at oil embargo
Nov 25, 2017 10:38Minister of Petroleum Bijan Zangeneh says a possible boycott of the Islamic Republic’s crude oil as sought by US President Donald Trump would affect the market.