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Oil market instability, low prices detrimental to all: Rouhani
Sep 06, 2016 19:27President Hassan Rouhani says an unstable oil market and low prices will be detrimental to both oil exporting countries and consumers.
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Iran supports measures aimed at stabilizing oil market: Minister Zangeneh
Sep 06, 2016 13:29Minister of Petroleum Bijan Zangeneh says the Islamic Republic supports any potential measures aimed at restoring stability to global oil markets, implying, however, that oil prices should be set at reasonable levels.
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Russian President Putin urges compromise on Iran oil production
Sep 02, 2016 10:15Russian President Vladimir Putin has said a potential oil output freeze deal between oil-exporting countries should involve some compromise on Iran’s production levels.
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Iran’s oil exports to Asian clients up 61%
Aug 31, 2016 17:36Latest figures show a major rise in Iran’s oil exports to Asia in a yet another indication that the country is moving faster toward its goal a to reach pre-sanctions production levels.
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Oil exports in Iran at 2.1 m/bpd in June
Aug 17, 2016 20:26Iran says its exports of crude oil reached 2.1 million barrels per day (m/bpd) in June. Yet, a top official in Tehran says the figure is still at least 0.4 m/bpd less than the average volume of oil exports of the country before the US-engineered sanctions were imposed against it.
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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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China to raise gas imports by 500%
Aug 04, 2016 20:32China says it plans to increase imports of natural gas by 500 percent before 2030 as part of an ambitious plan to switch from coal to eco-friendly energy.
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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.