-
Iran oil output not matching up with reserves: Oil minister
Aug 29, 2017 10:34Oil Minister Bijan Zanganeh says Iran currently produces more than 3.8 million barrels per day (bpd) of crude oil, roughly the same production level before the 2012 sanctions.
-
Iran port gets first oil swap cargo in 7 years: Report
Aug 12, 2017 07:45Oil and gas explorer Dragon Oil has shipped a cargo of oil from Turkmenistan to a port in northern Iran, apparently resuming a swap scheme which the Islamic Republic halted in 2010.
-
Kurdish authorities balk at Iraqi oil transfer to Iran
Aug 05, 2017 08:39Authorities in the autonomous Iraqi Kurdistan have opposed exporting oil from the northern fields of Kirkuk via Iran, marking their first escalation of a spat which has started with secessionist calls.
-
Iran’s oil exports to China to reach record levels
Aug 04, 2017 09:17Speculations are rising that Iran’s oil exports to China would rise to the highest levels over the past 11 months in August.
-
Saudi Arabia mulls cutting oil exports by 1 million bpd: Report
Jul 19, 2017 07:55Saudi Arabia may unilaterally cut its oil exports by 1 million barrels a day (bpd) in the face of a market glut which is the result of years of overproduction.
-
Iran sees strategic gains in Total deal
Jun 18, 2017 07:25As Iran is preparing to sing a much-delayed deal with the French energy giant Total over the development of a major gas project, indications are growing that Tehran is already looking at the political messages that the deal could send to the world.
-
Iran names Russian firms to major project
Jun 17, 2017 08:12The National Iranian Oil Company (NIOC) has added four Russian companies and Azerbaijan’s state oil firm Socar to the list of firms qualified for development work in the Islamic Republic.
-
Iran oil exports to West return to pre-sanction levels
Jun 10, 2017 09:57Iran’s hard-fought mission to recoup its oil market share in the West is almost complete after exports in May came within a whisker of pre-sanction levels.
-
Iran, Russia sign ‘revised’ oil-for-goods deal
Jun 02, 2017 09:17Russia says it has signed a revised contract with Iran over a much-debated and long-delayed scheme to barter crude oil with goods and commodities.
-
Iran signed deal with Gazprom over Farzad B: Zanganeh
May 31, 2017 10:28Iran says it has signed a basic agreement with Russia’s energy giant Gazprom over the development of Farzad B gas field – a project which the country has for long been negotiating with an Indian consortium.