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Oil News in Iran

Iran Ready to Raise Oil Output to 4.3 mb/d
9/7/2016 - Iran says it is ready to increase its oil output to levels that existed before the sanctions were imposed against the country. ...
Iran Gives Cautious Nod to Oil Deal as Bargaining Starts
9/6/2016 - Iran signalled it was prepared to work with Saudi Arabia and Russia to prop up oil prices as Tehran began to bargain with OPEC on possible exemptions from output limits. ...
Oil Output & Exports Increase is JCPOA Achievement
8/30/2016 - Minister of Petroleum Bijan Zanganeh said that increase in production and export of oil is the major achievement of the Joint Comprehensive Plan of Action (JCPOA). ...
Over 2,100,000 bpd Oil Exported in July 2016
8/17/2016 - Director of the International Affairs Department at National Iranian Oil Company (NIOC) Mohsen Qamsari said on Wednesday that more than 2,100,000 barrels of crude oil were exported in July. ...
Maroun Increases Oil Desalination Capacity
8/15/2016 - Managing Director of Maroun Oil and Gas Exploitation Company Jahangir Pourhang said that his company's capacity of oil desalination in south oil rich regions will increase following operation of the K...
Hyundai Oilbank Buys First Iranian Condensate for New Splitter
8/12/2016 - Hyundai Oilbank Co , South Korea's smallest refiner by capacity, has bought its first Iranian condensate cargoes to prepare for trial runs at a new refining unit in its joint venture with Lotte Chemic...
Iran Says Oil Exports Now at 2.5mn bpd
8/9/2016 - Iran says its oil exports have increased to as high as 2.5 million barrels per day – a landmark development that could mean the country has already regained a crucial global oil market share that it h...
Iran Opts for Exports to Europe Via Georgia
6/30/2016 - National Iranian Oil Refining and Distribution Companys (NIORDC) Director of CNG Stations, Amir Vakilzadeh, says Georgia can be the main route of Irans exports to European markets. ...
Japan Importing More Iranian Crude
6/21/2016 - An NIOC official said Irans oil exports to Japan have increased significantly since the beginning of the current Iranian year (began March 20). ...
Shell Starts to Buy Iran’s Oil
6/11/2016 - Traders say Royal Dutch Shell has resumed purchases of Iranian crude. The company has now become the second major oil firm after Total to restart trade with Tehran after the lifting of sanctions again...
Iran Plans to Export Oil from Sea of Oman
5/21/2016 - First Vice President Eshaq Jahangiri called for export of some parts of Irans petroleum abroad through Sea of Oman as an alternative to the Persian Gulf. First vice president made the remarks after vi...
Iran to Resume Oil Sales to Eni Soon
5/9/2016 - An Iranian deputy minister says the country will soon resume oil sales to Italys state energy producer Eni. The National Iranian Oil Company (NIOC) has already signed an oil exports contract with Ital...
Asia’s Imports of Iran Oil Hit 2-Year High
4/3/2016 - The latest market figures show that imports of crude oil from Iran by Asian clients in February jumped by about a quarter from a year earlier to levels last seen in 2014. ...
Oil Exports Hit 1.8 million bpd
3/13/2016 - Iran’s oil exports have risen to 1.8 million barrels per day (bpd) for the first time since 2012, Managing Director of the National Iranian Oil Company (NIOC) Rokneddin Javadi says. ...
Iran's Exports to Reach 2 million bpd by End-March 2016
3/6/2016 - Irans oil and gas condensate exports would reach 2 million barrels per day by the end of March; director of international affairs at National Iranian Oil Company (NIOC) has stated. ...
Iran to Boost Oil Exports by 500,000 bpd After Sanctions
1/17/2016 - Iran is ready to increase its crude oil exports by 500,000 barrels a day, the deputy oil minister said, hours after international sanctions on Tehran were lifted, removing an obstacle to exports. ...
Iran Ready to Add 500K Barrels to Oil Exports
1/17/2016 - Irans deputy petroleum minister in international affairs and trading said Iran is ready to raise its crude oil exports by half a million barrels a day now that the US-engineered sanctions are lifted o...
Sri Lanka Talks Badly-Needed Iran Oil Imports
11/21/2015 - Iran and Sri Lanka have begun new talks to resume oil shipments to the Asian country, head of the National Iranian Oil Company (NIOC) Roknoddin Javadi says. ...
Iran to Sell More Oil to S. Korea
8/24/2015 - South Korea has agreed to buy more oil from Iran once western sanctions on Tehran are lifted following the July 14 deal between Iran and the six world powers, Iranian petroleum minister said. ...
No Raise in Iran Oil Exports
8/19/2015 - Director of international affairs at National Iranian Oil Company (NIOC) says Iran has no plans to raise its oil exports until the western embargoes on the Islamic Republics energy sector are lifted. ...

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