Asian Imports of Iranian Oil Hit Two-Month Low
China, India, Japan, and South Korea imported a total of 1.63 million barrels per day (mb/d) in February, the lowest levels since December and a 20% decline from February 2017.
Iran | Egypt Oil & Gas - Part 25
Iraqi Oil Exports See Slight Rise in March
Iraq exported 3.453 million barrels per day (mb/d) of crude oil from its southern ports in March, a slight increase from the numbers for February, which marked the third month in a downward trend.
Iraq, Iran to Start Oil Swap
A senior Iraqi energy official has said that oil could be sent from Kirkuk in the north of Iraq to Iran's Kermanshah refinery in the coming weeks.
Iran Cuts South Pars Condensate Production by 25%
National Iran Oil Company (NIOC) has cut South Pars condensate production in Q2 2018 by 25%.
Iran Reduces Fuel Imports as New Refinery Opens
Iranian imports of refined fuels have sharply reduced since a new refinery began its operations, trade sources have said.
NIOC Signs $2.4 B Oil Deal with Iranian Firm
The deal aims to produce a maximum of 110,000 b/d with a total output of 512 million barrels from the two fields after 20 years.
Russia, Iran Sign $740 M Development Agreement
The NIOC signed a $740 million agreement with a Russian-Iranian consortium to develop two oil fields near the Iraqi border.
Iran Nearly Doubles Gas Production at South Pars: Rouhani
Irani President Hassan Rouhani stated that gas production increased from 285 mcm to 555 mcm over the past Iranian calendar year.
Iran not to Increase Crude Output in Coming FY
Iran has no plans to increase its annual crude oil output in the next fiscal year (FY) starting March 21.
Iran, Azerbaijan Edge Closer to Oil Agreement
There have been positive developments in ongoing oil talks between Iran and Azerbaijan and a deal may be signed in March 2018.
