Iran
News
February 05, 2016
Iran will start sending 300,000 bpd of crude to Europe, 54% of the total it shipped before authorities on the continent put an embargo in place.
News
February 04, 2016
Mozambique and Anadarko Petroleum Corp. are racing to tap gas from one of the biggest discoveries in decades as a global glut looms.
News
February 01, 2016
Iran is struggling to finalize the terms under which foreign energy companies can drill for oil there, as a political battle rages between the country's more moderate forces and its conservative hard-liners.
News
January 29, 2016
OPEC oil production has jumped to its highest in recent history in January as Iran increased sales following the lifting of sanctions and its rivals Saudi Arabia and Iraq also boosted supply, a Reuters survey showed on Friday.
News
January 28, 2016
Iranian President Hassan Rouhani said on Thursday that oil prices would not stay low for long as producers restore market balance.
News
January 25, 2016
The head of the Organization of Petroleum Exporting Countries said he wants oil producers outside the group to assist in reducing the global oversupply, signaling once again that OPEC won’t make output cuts alone.
News
January 19, 2016
Iran’s oil ministry issued an order to increase production by 500,000 bpd as the country moved ahead with plans to add supply to a glutted market even at the risk of contributing to a price collapse.
News
January 18, 2016
Brent crude fell to a 12-year low in London, briefly dipping below $28/bbl, after the lifting of international sanctions on Iran paved the way for increased supply amid a global glut.
News
January 14, 2016
Iran may only be able to deliver about half of the promised surge in crude output after sanctions are lifted as it struggles to revive idled fields, according to banks including UBS Group AG and Saxo Bank A/S.
News
January 08, 2016
Iran’s diplomatic rift with regional rival Saudi Arabia will stiffen the challenge it faces in attracting foreign investment once sanctions on its economy are lifted.
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.
