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Iraq to export 30k bpd of Kirkuk oil to Iran
Jan 07, 2018 13:24Iraq says it will start exporting about 30,000 barrels per day (bpd) of oil from oil fields in its northern Kirkuk province to Iran before the end of January.
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Iran, India seem to be parting ways on Farzad B
Sep 05, 2017 12:41Ministry of Petroleum of the Islamic Republic of Iran says it has started preliminary talks with Russians to develop Farzad B but negotiations also continue with the Indians who have long coveted the giant gas field.
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Iran port gets first oil swap cargo in 7 years: Report
Aug 12, 2017 12:15Oil 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.
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Iran’s oil exports at record post-sanction highs
Apr 03, 2017 17:23Iran says its total exports of crude oil and condensate have surpassed 3 million barrels per day (mb/d) – a level not seen for at least the past six years.
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France’s imports of oil from Iran jump in Jan.
Feb 19, 2017 13:36Iran has reported a major rise in exports of crude oil to France in January – an announcement that comes as the country is already expanding the list of its European oil clients.
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Iran VP lauds oil industry post-JCPOA performance
Jan 24, 2017 13:21First Vice-President Eshaq Jahangiri says Iran's oil industry's performance in the aftermath of the implementation of the Joint Comprehensive Plan of Action (JCPOA) was "something great".
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Iran sends first condensate cargo to Europe
Dec 22, 2016 13:18Iran says it has sent its first cargo of gas condensate to Europe in a sign that shows the country is already expanding the market for its ultra light oil.
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Malaysia’s Petronas to study Iranian oil fields
Dec 22, 2016 13:17Malaysia’s Petronas has signed an agreement to study two Iranian oil fields – the latest in a wave of similar agreements that the country is awarding international energy giants over its most lucrative oil projects.
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OPEC agrees first oil production cut in 8 yrs: Informed source
Nov 30, 2016 15:50Delegates attending the 171st ministerial meeting of the Organization of the Petroleum Exporting Countries (OPEC) have reached an agreement to slash oil production in a bid to prop up global prices, the first output cut since 2008, an informed source says.
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South Korea’s Iran oil imports doubled in Q3
Nov 29, 2016 14:13The latest official figures show that South Korea’s imports of crude oil from Iran more than doubled in the third quarter in a yet another indication that the Islamic Republic is rapidly increasing its post-sanctions oil exports.