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Oil meet must ensure all sides’ interests: Iran
Sep 18, 2016 07:09Iran’s President Hassan Rouhani has called for close cooperation among oil producers to help an upcoming OPEC meeting in Algeria achieve its express aim of stabilizing the market.
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Majlis endorses new oil contract
Sep 17, 2016 10:26Majlis has given the go-ahead to the government to put a new oil contract model into effect, the Ministry of Petroleum’s Shana news agency reported on Saturday.
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Iran says exports of condensate up 76%
Sep 14, 2016 12:14Iran says its exports of gas condensate over a period of five months starting 21 March 2016 have shown a whopping increase of 76 percent compared to the same period last year.
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Iran's oil swap deal with Total imminent: Report
Sep 10, 2016 09:41Naftiran Intertrade Company Sàrl (NICO) and France’s Total are about to sign an oil swap deal soon to resume shipments from Caspian Sea countries, an Iranian news agency says.
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Oil market instability, low prices detrimental to all: Rouhani
Sep 06, 2016 14:57President 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 08:59Minister 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 05:45Russian 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 13:06Latest 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 15:56Iran 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 13:06The 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.