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News about oil

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.

7/4/2017   --   12:31 PM
Iran oil output near 4 million bpd: Spokesman

Politics - Iran’s oil production has risen to over 3.9 million barrels per day (bpd), spokesman for the government announced here on Tuesday.

6/20/2017   --   8:06 PM
Iran, Italy ink oil MoU

Economy - National Iranian Oil Company (NIOC) and the Italian petroleum company Eni signed on Tuesday a memorandum of understanding (MoU) for studying the development of Darkhovin oil field and Kish gas field.

6/20/2017   --   8:05 PM
Iran exporting half of its oil to Europe

Economy - Iran produces about 4 million barrels oil per day, half of which is exported to European countries, an official said.

5/31/2017   --   1:27 PM
‘Iran signed deal with Gazprom over Farzad B’

Economy - Iran says it has signed a basic agreement with Russia’s energy giant Gazprom over the development of Farzad B gas field – a project which the country has for long been negotiating with an Indian consortium.

5/8/2017   --   3:50 PM
Official: Afghanistan keen to import Iran’s gas

Economy - A senior energy official announced that Afghanistan has voiced willingness to import gas from Iran.

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