Iraq, Iran Sign Oil-Swap Agreement
Iraq has signed a one-year oil-swap deal with Iran.
Iran | Egypt Oil & Gas - Part 28
Kirkuk Crude to Go to Iraqi, Iranian Refineries
Iraq plans to channel most of the output from the disputed Kirkuk oilfields to Iraqi oil refineries.
Iran Offers Deeper Discounts to Retain Market Position
In a bid to retain its market position, Iran is lowering its crude oil prices vis-à-vis Saudi Arabia
Iran Threatens Total’s Investments
Iran warned Total that it would forfeit its investments in Iran if it exits a development contract for the South Pars natural gas field.
Bahraini Government Links Iran to Pipeline Explosion
The Bahraini government has blamed a pipeline explosion on Iranian-instigated terrorism.
NIOC, Pertamina to Negotiate LPG-Contract Renewal
The National Iranian Oil Company (NIOC) and Indonesia’s Pertamina are set to begin negotiations to renew a liquefied petroleum gas (LPG) contract.
Russia, Iran Sign Energy Agreements Worth $30B
During a state visit by Russian President Vladimir Putin to Iran, the two countries announced preliminary energy agreements worth $30 billion.
Iranian Exports to Asia Hit 6 Month High
Iranian exports to China, South Korea, India, and Japan climbed 20% in September, compared to August, to reach 1.9 million barrels per day (b/d).
Some ME Oil Exporters Could Run Budget Surpluses
With rising oil prices, Iran, Iraq, Kuwait, and Qatar could run budget surpluses next year if prices remain stable.
Fire Kills 4, Destroys Drilling Rig at Iran’s Rag-e-Sefid
A fire on an oil platform in Iran’s Rag-e-Sefid oilfield killed four people.
