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Category: Iran

Iran Oil Revenues up 25% beyond Expectations

Iranian Minister of Petroleum Bijan Zangeneh said the country’s petroleum revenues had exceeded expectations by 25 percent in the first half of the current Iranian…

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…

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