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News about oil

10/16/2018   --   8:17 PM
Iran’s oil incomes still rising

Economy - The statistics for Iran’s oil exports and the price of each oil barrel of the country suggests that Iran’s oil incomes are still rising compared to the figures in the previous year, according to the Head of Iran’s Plan and Budget Organization Mohammad-Baqer Nobakht.

10/14/2018   --   9:00 PM
Iran finding new oil customers: First vice president

Economy - Iran has found new customers for its oil and is holding talks with the traditional buyers to find new ways to cooperate with other nations, the country's first vice-president said on Sunday.

10/1/2018   --   8:09 PM
Iran has full access to oil revenues

Politics - Deputy Minister of Oil, says Iran considers no limit to gain full access to oil export revenues, and even Iran's revenues have increased by 40 percent since last year.

8/13/2018   --   9:18 PM
China to buy Iran oil regardless of US sanctions

Economy - As the biggest trade partner of Iran, China has long been importing Iranian oil, and will keep doing so despite US unilateral sanctions on Iran, the head of the international office of China Petroleum and Chemical Industry Federation (CPCIF) told the Islamic Republic News Agency (IRNA) on Monday.

7/23/2018   --   8:32 PM
Iran's Zangeneh, Russia's Novak Discuss Energy Cooperation

Economy - Iranian Oil Minister Bijan Zangeneh and Russian Energy Minister Alexander Novak held a meeting in Moscow on Monday and discussed energy cooperation between the two countries and through OPEC, Russia’s Energy Ministry said.

7/7/2018   --   8:30 PM
Iran oil min: Trump approach to OPEC members insulting

Economy - Iranian Minister of Petroleum Bijan Zanganeh said US President Donald Trump's approach to certain OPEC members is insulting.

6/22/2018   --   11:36 PM
Zangeneh held talks with S. Arabian counterpart

Economy - Iranian Petroleum Minister Bijan Zangeneh said on Friday that he reached an agreement in principle on oil production rate with Saudi Arabian counterpart Khalid al-Falih on Friday.

6/22/2018   --   11:34 PM
Iran oil tanker rescues 13 Pakistani seamen

Economy - Iranian oil tanker ‘Arch’ belonging to National Iranian Tanker Company (NITC) saved 13 Pakistani seamen entangled in southern Pakistan international waters.

6/22/2018   --   11:31 PM
OPEC ministerial meet opens in Vienna

Politics - The 174th ministerial meeting of the Organization of Petroleum Exporting Countries (OPEC) opened here Friday with Iranian Petroleum Minister Bijan Zangeneh representing Iran in the session.

6/13/2018   --   11:10 PM
OPEC: Iran oil production hit 3.8 million bpd in May

Politics - Islamic Republic of Iran’s crude oil production hit 3.8 million barrels per day (bpd) in May, it was reported on Wednesday.

5/22/2018   --   11:49 PM
Over 2.75mbd oil exported last month

Politics - National Iranian Oil Company (NIOC) had exported more than 2.750 million barrels a day of oil and gas condensate to Asian and European destinations in the past month (April-May).

5/22/2018   --   11:48 PM
Non-oil exports up 25% in 2 months

Economy - Head Iran customs announced that non-oil exports experienced 25% growth during the first two months of the current Iranian calendar year started on March 21.

3/12/2018   --   4:59 PM
Tehran after restraining oil price around 60: Iran minister

Economy - Iranian petroleum minister says that the country wants OPEC to endeavor to keep oil price at about 60 dollars per barrel in order to restrain shale producers.

3/4/2018   --   5:31 PM
Minister: Iran, India agree in principle on oilfield development

Economy - Minister of Petroleum Bijan Zangeneh said on Saturday that during President Hassan Rouhani’s recent visit to India, the two countries agreed in principle on development of Farzad B oilfield.

11/22/2017   --   10:30 PM
Trump’s advice not to buy oil from Iran having no effects: Oil minister

Economy - US President Donald Trump’s urging other countries not to buy oil from Iran has had no effects on the Islamic Republic's export, said Iranian minister of petroleum, Bijan Zangeneh, on Wednesday.

11/15/2017   --   9:33 PM
South Korea’s oil imports from Iran up 83%

Economy - The latest market figures that South Korea’s imports of crude from Iran saw a significant increase in October compared to the same period last year, but were nonetheless lower than September by a slight margin

11/10/2017   --   11:37 PM
Iran, Iraq to swap oil

Economy - Based on a swap agreement sealed by Iran and Iraq, Kirkuk oil will be exported to Iran, Iraqi Oil Minister Jabbar al-Luaibi said on Friday.

10/29/2017   --   3:54 PM
Iranian woman appointed first ever no. 2 at Oil Ministry

Economy - A woman was appointed on Sunday as Iran's Petroleum Minister first deputy for the first time in the history of the country's oil industry.

7/17/2017   --   6:27 PM
Iran, Russia sign another MoU on oil field study: report

Economy - National Iranian South Oilfields Company and Russia’s Zarubezhneft here Monday signed a new Memorandum of Understanding (MoU) for oil field study in Iran.

7/12/2017   --   12:47 PM
Zangeneh: Foreign investment necessary for oil industry boom

Economy - As a pioneering sector, oil industry could take advantage of foreign investment, Petroleum Minister Bijan Zangeneh said, addressing Majlis (Parliament) open session on Wednesday.

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