Iran
News
June 05, 2015
Indonesia is seeking a long-term oil supply deal with Iran in anticipation of a possible end to sanctions against the Persian Gulf nation over its nuclear program.
News
June 04, 2015
Never mind cutting output to staunch a global glut, the talk so far at this week’s OPEC summit is mostly about pumping more oil.
News
June 03, 2015
European oil majors are for the first time openly declaring interest in Iran in anticipation of a possible end to sanctions against the country over its nuclear program.
News
June 03, 2015
European oil majors are for the first time openly declaring interest in Iran in anticipation of a possible end to sanctions against the country over its nuclear program.
News
June 02, 2015
Iran, seeking billions of dollars to revitalize its ailing oil industry, plans to offer significantly better commercial terms to companies prepared to invest than offered during the last market opening nearly two decades ago.
News
May 25, 2015
Media has reported that ExxonMobil is lobbying the U.S. government on Iran sanctions are inaccurate.
News
May 21, 2015
Exxon Mobil Corp. is ramping up lobbying efforts with the U.S. government over Iranian sanctions that have locked out American oil companies from the Middle Eastern nation for more than three decades.
Exxon Mobil, the world’s largest publicly traded crude producer by market value, hired the lobbying firm founded by former Senator Don Nickles—an Oklahoma Republican—to work on Iranian sanctions, according to federal disclosure documents. This is the first time since 2010 that the Irving, Texas-based oil company enlisted outside lobbyists to discuss Iran.
News
May 07, 2015
As the oil industry tightens its belt after the worst price slump in a generation, the state-owned giants of the Middle East are taking the opposite tack.
News
May 07, 2015
Iran, OPEC’s fifth-biggest producer, sees $70-$75/bbl as a suitable price for crude, Oil Minister Bijan Namdar Zanganeh said, as markets show signs of a partial recovery from last year’s collapse.
News
April 21, 2015
The return of embargoed Iranian crude oil to global markets looks no more imminent than before President Barack Obama appeared to leave open the possibility of lifting most sanctions from the outset if a nuclear deal can be reached, BNP Paribas SA and UBS Group AG said.
News
April 16, 2015
U.S. Sen. Lisa Murkowski, R-Alaska, drew attention to the potential impact that ending sanctions against Iran could have on U.S. production if the outdated prohibition on exporting domestic crude oil is not also lifted.
News
April 14, 2015
TEHRAN (Bloomberg) -- Iran became the second OPEC member this month to call on the group to reduce oil production ahead of its June meeting amid a global oversupply that’s cut crude prices by almost half.
News
April 10, 2015
Oil headed for the longest stretch of weekly gains since February 2014 as Iran disputed the framework for a nuclear deal with world powers that would allow the OPEC member to boost crude exports.
News
April 08, 2015
NEW YORK (Bloomberg) -- Oil posted its biggest one-day slump in two months after U.S. crude inventories jumped the most in 14 years.
News
April 08, 2015
Saudi Arabia has impressed analysts and traders alike with its determination to keep oil flowing amid the selloff. Now the potential re-emergence of Iran as a global supplier, they say, will only deepen the country’s commitment to that tack.
News
April 07, 2015
A final nuclear deal with Iran and the lifting of oil export sanctions from the OPEC member could lead the U.S. Energy Information Administration to lower its oil price forecast for next year by as much as $15/bbl.
News
April 03, 2015
Iran’s accord with world powers brings the OPEC member a step closer to restoring oil production that was cut by sanctions while leaving unresolved when it will happen.
News
March 30, 2015
LONDON (Bloomberg) -- Outside the boardroom of BP Plc’s headquarters on London’s swanky St. James’s Square, a display case houses the geological data from Masjid-i-Solaiman, Iran’s first oil well.
News
March 25, 2015
Schlumberger Oilfield Holdings Ltd., a wholly owned subsidiary of Schlumberger Ltd., has agreed to enter a guilty plea and to pay a $232,708,356 penalty to the U.S. for conspiring to violate the International Emergency Economic Powers Act by willfully facilitating illegal transactions and engaging in trade with Iran and Sudan.
News
March 17, 2015
Iran could raise oil exports by 1 MMbopd without international sanctions, its oil minister said as talks resumed with the U.S. over the nation’s nuclear program.
