Most View
Most Comments
Related Videos
Last News

Iran’s oil exports hit pre-sanctions high

Reports say Iran has already been able to increase its oil exports to levels that existed before sanctions were imposed on the country in 2011.

Iran says will not join deal to freeze oil output

Iran says it has no intention to forge an agreement with other major crude producers to freeze its oil output at current levels.

Iran to attend key oil meeting in Algeria

Iran’s media say the country’s Oil Minister Bijan Zangeneh will attend the 15th Ministerial meeting of the International Energy Forum (IEF) which will open in Algiers on 26 September.

Iran refreshes pledge to boost oil output

Iran has refreshed its pledge to increase its oil production to pre-sanctions levels within the next few months.

Iran ready to raise oil output to 4.3 mb/d

Iran says it is ready to increase its oil output to levels that existed before the sanctions were imposed against the country.

Iran’s oil exports to Asian clients up 61%

Latest figures show a major rise in Iran’s oil exports to Asia in a yet another indication that the country is moving faster toward its goal a to reach pre-sanctions production levels.

Poland replaces Russia Urals with Iran oil

A first post-sanction cargo of Iranian oil for Poland will be arriving soon as the major OPEC producer continues to claw back market share around the world.

Russia’s Lukoil to develop oil fields in Iran

Russian says its biggest private oil firm Lukoil is considering participating in the development of two oil fields in Iran – a move that would make Russia that first European country to invest in Iran’s oil industry after the removal of the sanctions in January.

Supertanker taking Iran’s oil to Baltic Sea

Traders say they have seen more signs that Iran is clawing back the share of the global oil market it lost as a result of multiple years of sanctions.

India's oil imports from Iran jump in June

More indications have appeared to show that India is increasing its imports of crude oil from Iran after disputes between the two countries over settling outstanding debts from previous purchases have been resolved.

Iran ups oil export to Spain by 1mn bpd

The Islamic Republic of Iran and the Spanish energy company, Repsol S.A., have signed an agreement that doubles Iranian oil exports to the European country.

China’s oil imports from Iran up 19.5%

Recent official figures show that China’s imports of crude oil from Iran jumped by 19.5 percent in May compared to the same period last year.

Iran sees no deal on oil output freeze: Zangeneh

Minister of Petroleum Bijan Zangeneh says Iran will continue to ramp up oil production until it returns to levels before sanctions cut its exports.

‘Oil market not negatively affected by Iran crude upsurge’

Iran’s Petroleum Minister Bijan Namdar Zangeneh says the country’s recent oil surge has not negatively affected the global oil market.

Iran to amend its new oil deals

Only months after Iran announced a new format of oil sector contracts, indications are appearing that the country may make some key changes in them.

Iran regaining lost oil market share faster

The latest market figures show that imports of Iran’s oil by the country’s Asian clients increased by more than 13 percent in April from a year ago, confirming recent indications that the country is regaining the share of the oil market it lost as a result of sanctions “faster than expected”.

Indonesian minister due in Iran for oil deal

Iranian Minister of Petroleum Bijan Zangeneh will meet his Indonesian counterpart in Tehran on Monday to discuss fresh energy cooperation, the Shana news agency says.

New Delhi seeks to run operations of Iranian oil field

A new report says India’s largest oil company seeks to operate an Iranian oil field in the Persian Gulf.

Kuwait wants Iran in oil freeze deal

Kuwait said on Friday that it is in favor of signing an agreement to freeze oil production at the OPEC summit in early June, but emphasized that such an agreement will be impossible without the participation of Iran.

Iran’s oil exports at highest level since 2012

The latest market figures show that oil exports in April reached the highest level in over four years – a yet another indication that the country is regaining the share of the market it lost as a result of the sanctions at a faster pace than expected.

New Delhi seeks to settle Iran debt via Turkish bank: Report

A new report says India seeks to settle billions of dollars in oil debts to Iran through a Turkish bank.

All rights reserved for "Jam News"