Iran
News
February 06, 2018
Iran’s armed forces, some of which are under U.S. sanctions, must divest from energy assets and other businesses to help save the Persian Gulf nation’s economy, President Hassan Rouhani said.
News
February 05, 2018
Iran can swiftly increase production of crude if OPEC decides to scrap limits on global output when the group meets next in June, Oil Minister Bijan Namdar Zanganeh said.
News
January 17, 2018
OPEC and other global oil producers including Russia won’t be discussing how to end output cuts when they meet this weekend in Oman even as crude prices have recently been rising, Kuwait’s oil minister said.
News
January 14, 2018
All 32 crew members on board an Iranian oil tanker that’s been burning for a week near China’s eastern coast are presumed dead, an Iranian official said.
News
January 11, 2018
World oil markets are about to get a clearer idea of what Donald Trump’s presidency means for one of the biggest crude exporters, Iran.
News
January 09, 2018
A key OPEC minister has warned that the group risks overheating the oil market as crude prices head toward $70/bbl.
News
January 08, 2018
Hanwha Total Petrochemical Co. bought alternative supply after a fire on board an Iranian oil tanker that was destined for the South Korean company.
News
January 02, 2018
The Trump administration threatened new sanctions on Iran as the number of civilians arrested in spontaneous nationwide protests that began last week neared 1,000.
News
January 02, 2018
Oil steadied after a second annual increase, supported by concern that protests in Iran could lead to a supply disruption in OPEC’s third-biggest member.
News
May 07, 2017
Iran is buying equipment to avert a possible disruption in output at its share of the world’s biggest natural gas field, in the event the U.S. decides to impose additional sanctions on its economy, the head of state-run operator Pars Oil & Gas Co. said.
News
April 26, 2017
Saudi Arabia, the world’s biggest crude exporter, is losing market share to Iraq and Iran as a result of OPEC’s agreement to curb supplies to bolster prices, according to the head of research at Abu Dhabi Investment Authority.
News
April 19, 2017
Iran will probably be allowed to keep its oil production unchanged if OPEC decides to extend its six-month agreement on output cuts beyond June, Kuwaiti Oil Minister Issam Almarzooq said.
News
April 16, 2017
Iran, holder of the world’s biggest natural gas reserves, boosted output by inaugurating six projects at the giant South Pars offshore field.
News
April 04, 2017
The overseas arm of India’s biggest oil and gas explorer intends to spend more than $3 billion on Iran’s Farzad-B natural gas block.
News
April 03, 2017
Qatar Petroleum plans to start a new development in the offshore North field, ending a 12-year ban on new projects that allowed the company to assess how its current rate of extraction affects the giant reservoir it shares with Iran.
News
March 29, 2017
Gazprom and National Iranian Oil Company have signed a Memorandum of Understanding in Moscow.
News
March 07, 2017
Iran’s crude-oil exports touched 3 MMbpd for the first time since the 1979 Islamic Revolution.
News
February 23, 2017
Iran is hard at work gaining a foothold in the global energy market, and it’s not letting U.S. President Donald Trump’s confrontational tone stop it from trying.
News
February 08, 2017
OPEC and other major crude-producing nations may need to extend output cuts into the second half of the year to re-balance the market, oil ministers for Iran and fellow group member Qatar said.
News
February 06, 2017
Oil traded near $54/bbl as increased tension between Iran and the U.S. countered expectations of rising American production.
News
February 03, 2017
Oil headed for a third weekly gain as the U.S. imposed fresh sanctions on Iran after a missile test and OPEC reached about 60% of its output-cut target.
