Iran
News
April 27, 2018
Oil traded near $68 as investors weighed the impact of a possible U.S. pull-out from the Iran nuclear deal and the potential for a historic accord between the leaders of North and South Korea.
News
April 26, 2018
Some oil traders are already steering clear of doing business with Iran as U.S. President Donald Trump signals he’ll ditch the nuclear deal with OPEC’s third-largest producer.
News
April 26, 2018
DNO ASA, the Norwegian oil and gas operator, today announced expansion and acceleration of operations in the Kurdistan region of Iraq, while building up its North Sea exposure. First quarter revenues, the highest in nearly four years, stood at $142 million and net profit at $18 million.
News
April 25, 2018
Oil held losses below $68/bbl after French President Emmanuel Macron called for a new Iran nuclear deal to keep the U.S. on board, raising speculation sanctions on the OPEC producer may be averted.
News
April 19, 2018
Global markets for equities, currencies and metals have all been whipsawed by the uncertainty over what President Donald Trump’s next geopolitical move would be. Oil’s about to have a turn.
News
April 11, 2018
The 2016 OPEC initiative to clear surplus supply was successful. By year-end, the group could lose the same amount of crude unintentionally.
News
April 06, 2018
Analysis of crude oil production in Iran shows that approximately $21 billion in capital expenditure (capex) will be spent by Iran on oil projects between 2018 and 2021, to ensure that production grows to around 4.9 MMbpd in 2021, according to GlobalData, a leading data and analytics company.
News
March 21, 2018
Brent crude extended gains as investors assessed geopolitical risks, with speculation that the U.S. president and Saudi Arabia’s crown prince discussed countering the influence of Middle East producer 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
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.
