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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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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.
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Iran approves new format of oil contracts
Aug 03, 2016 12:24Iran’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 09:25A 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 10:51The latest market figures show that Iran’s exports of crude oil have already reached the highest levels in more than four years.
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Iran to name firms eligible for oil awards
Jul 18, 2016 11:41Iran says it is putting the final touches on a preliminary list of foreign companies that it says are eligible to participate in its upcoming tenders to develop its oil and gas fields.
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India clearing remaining Iran oil dues via German Bank
Jun 09, 2016 15:36Indian refiners have started to settle the rest of their outstanding oil dues to Iran via State Bank of India and Germany-based bank Europaeisch-Iranische Handelsbank AG (EIH), a report said.
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Rapid surge seen in Iran’s oil exports
Jun 06, 2016 09:58More indications have appeared that show Iran has been able to increase its oil exports at a much faster pace than earlier anticipated.