Iran will stand against US sanctions considering them “fully illegal”, Bijan Zanganeh, Iranian Oil Minister, said on January 10, announcing that Tehran would not comply with the sanctions, Reuters reported. Iran would...
Oil shipments from Saudi Arabia to South Korea rose by 10.9% to reach 3.52m tons per month, or around 831,4b/d, during March compared to 2016, Reuters informed. However, South Korea’s imports of Saudi crude oil decrea...
Iran’s crude oil exports are set to decline up to 7.5% in November to a four-month low, as the seasonal demand is low in Europe, Gulf News reported. Iran’s oil exports typically hit a low around October or...
The National Iranian Oil Company (NIOC) and Polish state owned PGNiG, signed a memorandum of understanding (MoU), accordingly PGNiG will conduct primary studies on Iran’s Sumar oil field in the Iranian western provinc...
National Iranian Gas Company’s (NIGC) spokespersons, Majid Bojarzadeh, said that Ankara had informed Tehran of a problem in the pipeline that carries Iranian gas to Turkey. This has resulted in a halt in gas sup...
Japanese traders, including Marubeni Corp and Sumitomo Corp, are looking to resume imports of Iranian oil, potentially by the end of 2016, Reuters reported. Conservative Japanese firms have so far held off taking Iran...
Iranian oil minister, Bijan Namdar Zanganeh, said Iran will build up its natural gas supply to Armenia from 1mcm/d to 3mcm in the next few years, and will make gas supplies to Georgia through Armenian territory, Arka ...
Tehran is hoping to increase its crude oil exports to India from the current 350,000b/d, Iranian Oil Minister, Bijan Zanganeh, was quoted as saying after meeting his Indian counterpart, Dharmendra Pradhan, wrote the E...
Iran’s oil exports have surpassed 2mb/d following the lifting of sanctions, Oil Minister Bijan Zanganeh said, as Press TV reported, citing figures released by Bloomberg. According to the released data, Iran’s ov...
Iran is seeking $2.5b investment to modernize its oil tankers fleet following the lifting of sanctions against Tehran, National Iranian Tanker Company (NITC) stated, according to Reuters. “To expand Iran’s...