Iran

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
November 09, 2017
Crude resumed its march toward levels last seen in 2015 as escalating tensions in Saudi Arabia raised concerns about stability in the region.
News
November 03, 2017
A number of documents were signed in Tehran on the margins of the visit to the Islamic Republic of Iran by Russian President Vladimir Putin. The documents are aimed at fostering Russian-Iranian cooperation in the gas sector.
News
November 01, 2017
During the visit of the Russian President Vladimir Putin to the Islamic Republic of Iran, Rosneft Oil Company and National Iranian Oil Company signed an agreement termed the “Road Map and Key Terms of Strategic Cooperation in the Field of Oil and Gas.”
News
October 17, 2017
Iran said it would support an extension of OPEC oil-production cuts to the end of next year, and insisted its own output plans won’t be disrupted by U.S. President Donald Trump.
News
October 11, 2017
Iran, already struggling to attract investors to its energy industry, may find things tougher still as U.S. President Donald Trump tries to undermine the nuclear deal that eased sanctions on OPEC’s third-largest crude producer.
News
October 10, 2017
Iraq and Iran boosted crude exports in September, taking advantage of a slower pace of shipments from rival Saudi Arabia to win buyers in key markets like China and the U.S.
News
October 04, 2017
A Lukoil a wholly-owned subsidiary, Lukoil-Engineering, and the National Iranian Oil Company, signed a memorandum of understanding. ​
News
September 25, 2017
Iran will persist with exporting its oil to global customers, unfettered by Donald Trump’s intensifying offensive against the country, according to the Middle East nation’s state-run producer.
News
September 25, 2017
OPEC’s commitment to cutting production to clear a global glut is working, but the group needs to address rising output from Libya and Nigeria, Iran’s Oil Minister Bijan Namdar Zanganeh said.
News
August 08, 2017
Iran’s President Hassan Rouhani proposed the reappointment of its longest-serving oil minister, Bijan Namdar Zanganeh, who fought to restore crude production and closed a landmark deal with Total SA to develop the Persian Gulf country’s share of the world’s biggest natural gas field.
News
August 03, 2017
Iraq’s northern province of Kirkuk refuses to cooperate with any plans to ship its oil to neighboring Iran because the central government didn’t consult with it on the matter, Kirkuk provincial officials said.
News
July 28, 2017
Gazprom Neft has signed a Memorandum of Understanding (MOU) with Iran’s Oil Industries’ Engineering & Construction (OIEC), confirming both companies’ mutual interest in combining forces in the preliminary assessment and investigation of the geological potential of oil fields located in the Islamic Republic of Iran.
News
July 03, 2017
An Indian consortium is willing to spend as much as $11 billion to develop a giant Iranian natural gas field and build the infrastructure to export the fuel as long as the Persian Gulf nation guarantees a “reasonable return” on the project, according to the company leading the group.
News
July 03, 2017
Total and the National Iranian Oil Company (NIOC) have signed a contract for the development and production of phase 11 of South Pars (SP11), the world's largest gas field.
News
June 20, 2017
Iran and France’s Total SA expect to sign a contract to develop part of the world’s biggest natural gas field in the next few weeks in what would be the Persian Gulf country’s first investment by an international energy company since sanctions were eased last year.
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