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News about oil

4/17/2017   --   8:27 PM
New PetChem Projects to Come Online in Assaluyeh: Iranian Official

Economy - Head of the National Petrochemical Company of Iran (NPC) Marzieh Shahdaei said seven new petrochemical projects will come on stream in Iran’s Pars Special Economic Energy Zone by the yearend.

4/12/2017   --   4:01 PM
Iran oil industry most successful sector under President Rouhani

Politics - One of the most significant achievements made by the government of President Hassan Rouhani in the previous Iranian year (ended March 20, 2017) was breathing a new life into Iran’s oil industry.

4/5/2017   --   8:07 PM
Minister: India's language of threat in oil deals with Iran rejected

Economy - Iran is not going to strike crude oil sales agreement with parties that use language of threats against it, says Minister of Petroleum Bijan Zangeneh.

2/11/2017   --   1:05 PM
Iran takes market share from OPEC rivals

Politics - Iran’s crude oil and condensate exports rose three percent month-on-month in January as it continued to regain market share, widening its appeal among refiners around the globe in the process.

2/7/2017   --   12:48 PM
Iran-Oman to finalize gas pipeline talks soon

Politics - Iran says it expects to finalize talks over an ambitious project to export natural gas to Oman through a subsea pipeline in early March.

1/28/2017   --   12:36 PM
Iran starts sending own oil tankers to Europe

Politics - Reports say Iran has sent at least two supertankers to Europe in what appears to be the country’s first direct shipment of crude oil to EU clients after the removal of sanctions last year.

1/22/2017   --   3:42 PM
Iran’s Non-Oil Exports Exceed $35bln in 10 Months

Economy - Iran’s non-oil exports have reached over $35 billion over the first ten months of the current Iranian year, which started on March 20, 2016, latest official data released by the country’s Customs Office shows.

12/5/2016   --   9:37 AM
200 MPs hail Iran’s successful oil diplomacy

Politics - 200 members of the Iranian parliament have signed a letter in appreciation of the Iranian oil diplomacy which resulted in Iran’s gaining its pre-sanction quota in the Organization of Petroleum Exporting Countries (OPEC).

11/29/2016   --   11:47 AM
South Korea's oil imports from Iran more than double: Report

Economy - The latest reports and data in South Korea show that the country's oil imports from Iran has risen to more than double in the third three months of the year.

11/29/2016   --   9:45 AM
Iran says oil talks not affected by Trump election victory

Politics - Iran says the election of Donald Trump as the next president of the United States has had no impacts on its negotiations with global energy corporations over its new oil projects.

6/26/2016   --   8:37 AM
Iran ups oil export to Spain by 1mn bpd

Economy - The Islamic Republic of Iran and the Spanish energy company, Repsol S.A., have signed an agreement that doubles Iranian oil exports to the European country.

1/12/2016   --   8:18 AM
Iran starts foreign sales of gas oil after self-sufficiency

Economy - Iran has exported more than a billion liters of gas oil in the first nine months of the current Persian calendar year (started March 21) after achieving self-sufficiency in production of the fuel.

12/27/2015   --   1:10 PM
Iran rules out steep oil price discount

Economy - Minister of Petroleum Bijan Zangeneh has dismissed reports of steep oil price discounts which Iran might be ready to give when the country ramps up production with the lifting of sanctions in 2016.

9/8/2015   --   12:42 PM
‘Iran backs any oil market recovery bids’

Economy - Iran’s Oil Minister Bijan Zangeneh says Tehran will support any step to help the recovery of the oil market.

9/6/2015   --   1:10 PM
Iran wants early talks with German firms

Economy - Iran says it wants to enter into serious talks with German enterprises over their plans to invest in the Islamic Republic before the US-engineered sanctions that keep investors away from Iran are lifted as envisaged in the July nuclear breakthrough between Tehran and the P5+1 group of countries.

7/20/2015   --   12:24 PM
Iran, Germany to hold joint economic meeting in fall

Economy - Iran and Germany will hold the 5th session of their joint economic commission in early days of the fall 2015, Iran's Oil Minister Bijan Namdar Zangeneh said.

7/2/2015   --   7:06 PM
Glencore oil execs visit Tehran for talks

Economy - Anglo-Swiss commodity trader Glencore is the latest European energy entity to send its executives to Tehran in search of business opportunities amid hopes of a nuclear deal with Iran, a Thursday report said.

7/1/2015   --   12:24 PM
Japan rises oil imports from Iran

Economy - Japan's imports of Iranian oil increased by five percent in May in comparison to the same month last year, according to Japanese Ministry of Economy, Trade and Industry.

6/7/2015   --   12:19 PM
Oil minister rejects rumors about increase of gasoline price

Politics - Iran’s Minister of Oil Bijan Namdar Zangeneh on Sunday refuted rumors about increase of gasoline price.

3/26/2015   --   7:49 AM
Oil Prices Surge after Saudi Air Strikes in Yemen

Economy - Brent crude oil shot up nearly 6 percent on Thursday after Saudi Arabia and its Persian Gulf Arab allies began a military operation in Yemen, but the benchmark later came off its high near $60 as importers saw no immediate threat to supplies.
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