Iran
News
January 03, 2016
Iran is trying to regain its lost share of global crude sales and has no intention of harming the oil market with its planned increase in production once sanctions are lifted from its economy, Oil Minister Bijan Namdar Zanganeh said.
News
December 29, 2015
Investors are losing faith in an oil-price recovery next year as Iran prepares to add more crude to a global glut. That’s good news for American drivers who have enjoyed the lowest gasoline prices in six years.
News
December 28, 2015
Oil slid from the highest level in three weeks, snapping the longest run of gains since April, as Iran repeated its goal of boosting exports after sanctions on the country are lifted.
News
December 16, 2015
An end to the U.S.’s 40-year ban on oil exports is probably not what OPEC needs right now. Yet a resurgent Iran may present a greater threat as it prepares to dump a million bbl on the market next year.
News
December 07, 2015
OPEC’s new free-for-all production stance could lift the lid on millions of barrels of additional crude supply next year.
News
November 30, 2015
Iran is targeting about $30 billion in investment by offering 70 oil and natural gas projects to international companies as the Persian Gulf country anticipates the lifting of economic sanctions.
News
November 30, 2015
Almost by accident, OPEC adversaries Saudi Arabia and Iran are about to work as a team.
News
November 28, 2015
Total, Royal Dutch Shell and Lukoil are among international companies that have selected oil and natural gas deposits to develop in Iran as the holder of the world’s fourth-largest crude reserves presents $30 billion worth of projects to investors.
News
November 12, 2015
Competition is growing in Russia’s biggest oil market. While Saudi Arabia’s encroachment in Europe is getting all the attention, the biggest threat comes from another part of the Middle East -- Iran.
News
October 30, 2015
Iran may roil global oil markets with plans to sell about 45 MMbbl of fuel stored in tankers in the Persian Gulf within three months of the removal of sanctions on its economy, according to analysts.
News
October 27, 2015
Iran’s crude exports are likely to remain restricted until the first half of next year, when it’s “reasonable” to expect international sanctions against the OPEC producer to be lifted, according to a U.S. government official.
News
October 20, 2015
Iran will pay foreign oil companies larger fees than it did under previous buyback contracts to attract $100 billion of investments needed to rebuild its energy industry.
News
October 19, 2015
OPEC member states should cut crude output to boost prices to a range of $70/bbl to $80/bbl, Iran’s Oil Minister Bijan Namdar Zanganeh said, even as his country prepares to ramp up production in the aftermath of economic sanctions.
News
October 15, 2015
The world is awash in crude, but big oil companies are lining up to develop new fields in Iran even as they slash spending and abandon exploration elsewhere. One thing explains this paradox: cost.
News
October 13, 2015
Iran will need to import about 20% more gasoline to meet pent-up demand in the first year after economic sanctions are lifted, creating a market for some $1 billion in fuel sales from abroad, according to traders and analysts.
News
September 30, 2015
Iran’s government approved a new model contract for oil and natural gas projects as it prepares to increase output with the help of foreign investors once international sanctions are lifted.
News
September 10, 2015
Shale oil producers already awash in a supply glut face added crude as early as next year after an agreement to ease sanctions on Iran cleared a Senate obstacle.
News
September 10, 2015
Iran cut pricing for all its oil grades for sale to Asia next month, according to two people with knowledge of the decision, trimming the premium on its main Light crude over the comparable Saudi blend to the narrowest since the end of 2012.
Article
September 2015
What does it mean for production, markets, and investment opportunities?
News
September 08, 2015
Mexico is willing to work with OPEC if the group tries to stabilize crude markets amid a global supply glut and slide in prices, Iran’s Oil Minister Bijan Namdar Zanganeh said after talks with Mexico’s labor secretary.
News
September 03, 2015
A potential boost in natural gas supply from Iran and Egypt may exacerbate a worldwide glut, reshape the global market and threaten U.S. export ambitions, according to Citigroup Inc.
