Iranian oil

Construction of Goreh-Jask Oil Pipeline Underway

The National Iranian Oil Company (NIOC) has confirmed that all facilities have been implemented to accelerate the finish date of the Goreh-Jask oil pipeline.

Greece, Italy Halt Buying Iranian Oil

Iran criticized Greece and Italy for not buying Iranian oil without giving any explanations despite US waivers.

Iran to Increase Oil Income by $20 B

Iran plans to increase oil income by $20 billion, according to Iranian Oil Minister Bijan Zanganeh without specifying the targeted oilfields that will be used in the development.

Oil Prices Increase Before US Sanctions Against Iran

Oil prices increased by 1% on October 31, a week before US sanctions are introduced against Iran's energy sector.

Egypt will Not Import Oil from Iran

Egypt is not in negotiations with Iran on crude oil imports, while the agreement with Saudi Aramco is still valid.

Iranian Crude Exports to Asia Expected to Increase

Iranian crude export to the Asian markets in February jumped by about 25% from a year earlier to levels last seen in 2014, as latest market figures show.

Australia joins EU in banning Iranian oil imports

Australia has joined the EU in banning imports of Iranian oil and imposing a range of heavy sanctions amid threats of retaliatory military action by Tehran.

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