Asian imports of Iranian oil in August rose by 10% from a year ago, said Press TV, adding that China accounted for the lion’s share of this increase of more than 1 m b/d of crude.
Japan's daily Nikkei was quoted by Press TV as saying that “Japan is eager to restore amicable relations with Iran and secure stakes in resource development projects there”.
The National Iranian Oil Company (NIOC) is set to increase production from all oilfields this year and can reach its pre-sanctions output capacity of 4 million b/d if there is sufficient market demand
Iran and six world powers reached an agreement on Tuesday to lift sanctions against the Islamic Republic, and while U.S. and Iranian leaders have heralded the deal as a victory, the real winners could be corporations ...
Iran has worked out a “special plan” for exports of petrochemical products to the US, secretary of the Association of Petrochemical Industry Corporations (AIPC) Ahmad Mahdavi said on Monday
Iran and major powers gave themselves until Monday to reach a nuclear agreement, their third extension in two weeks, as Tehran accused the West of throwing up new stumbling blocks to a deal.
Iran's elite Revolutionary Guards have done very well out of international sanctions -- and if a nuclear deal is done in Vienna this week under which those sanctions are lifted, they are likely to do better still.