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India drops ‘retaliation’ mode to buy more Iran oil
Feb 20, 2018 18:00State-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 06:34Recent 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 12:15An 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 16:04Iran'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 17:03The 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 14:08Minister 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.
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Iran’s oil exports to India up 88%
Nov 19, 2017 06:03The latest market figures indicate a giant increase in India’s imports of crude oil from Iran throughout October in yet another sign of success for the Iranian oil industry after the removal of sanctions that had decimated its exports for several years.
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Iran’s oil exports to China up 59%
Oct 25, 2017 14:58The latest market figures show that Iran’s exports of crude oil to China in September saw a whopping increase of 59 percent compared to the same period last year.
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Uzbekistan joins list of Iran’s oil clients
Oct 18, 2017 14:04Iran says it is studying a request by Uzbekistan to export crude oil to the Central Asian country – an announcement that shows the list of Iranian oil clients is expanding as the nation pumps more crude to international markets.
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'Gov't supports S. Korean firms' investment in Iran's oil industry'
Oct 17, 2017 15:50South Korean Minister of Land, Infrastructure and Transport, Kim Hyun-mee, underlined that his government supports the companies willing to invest in Iran's oil industry.