Rising oil prices seriously affect World Economy: Iran’s Zangeneh
Iranian Minister of Petroleum Bijan Zangeneh underlined oil market’s concerns about the inability of Saudi Arabia and Russia to offset shortages caused by eliminating Iran…
Iran has plans for selling oil under US sanctions: Veep
First Vice President Eshaq Jahangiri said the country had plans for ensuring continuation of its oil sales under fresh US sanctions. The official said on…
GECF Market Analyst: “Iran can Play a Role in LNG Market”
The head of the market analysis section of the Gas Exporting Countries Forum (GECF) said Iran could play the role of liquefied natural gas (LNG)…
Oil exports from Iran continue to decline with approach of US sanctions
Turkey and Italy remain the last buyers of Iranian oil besides China, India and the Middle East, data from a vessel tracking system show, an…
Trump Responsible for Volatile Oil Market Conditions: Iran
Iranian Minister of Petroleum Bijan Zangeneh blamed President Donald Trump for the current tumultuous oil market, saying, “Throughout over a century of history in oil…
New NIOC Investment Caretaker Appointed
Head of the National Iranian Oil Company (NIOC) Ali Kardor issued a decree appointing Talin Mansourian as the new caretaker of investment and business at…
India’s oil imports from Iran edge up in September
Last month, India shipped in about 528,000 barrels per day (bpd) oil from Iran, about 1 percent more than the 523,000 bpd of August and…
NIOC to offer oil on domestic stock market by October
The National Iranian Oil Company (NIOC) has planned to supply a million barrels of crude oil on the domestic stock market by October 22. “In…
US blocking export of Iranian gas to Pakistan: Speaker
Speaker of the Iranian Parliament Ali Larijani said: “It is said that the United States is blocking completion of the Pakistani section of the IP…
Oil market never buys Saudi Brags: Iran
Iranian Minister of Petroleum Bijan Zanganeh reacted to recent remarks by Saudi authorities regarding oversupplying the oil market, saying: “Such brags would only satisfy Mr….