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Iranian oil
Oil Price
Oil Prices Climb to 2-Week High on Supply Worries, US Tariffs Check Gains
A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025.Oil prices edged up to a two-week high on Tuesday as sanctions rais…
Iran
Iran Increases Oil Production by 250,000 B/D
Iran is increasing oil production by additional 250,000 b/d, ABC.AZ informs, quoting Iranian Oil Minister Mohsen Paknejad.At the end of November, Hamid Bovard, …
Oil & Gas Trade
Turkiye Importing Iranian Oil After Four Years
Tehran, IRNA – A report by the statistical office of the European Union (Eurostat) suggests that Turkiye has imported oil from Iran for the first time in …
Oil Field
Iran to Sign Contracts Worth $2 BN Over Developing Oil Fields
TEHRAN, Jun. 16 (MNA) – CEO of the National Iranian Oil Company (NIOC) Mohsen Khojasteh Mehr says that Iran is scheduled to sign over %2 billion worth of …
Crude Oil
Iran, Russia Sign 10 Oil Cooperation Deals
Iran and Russia on Wednesday signed 10 documents for cooperation in the oil industry in the Iranian capital Tehran, according to Shana News Agency affiliated to…
Natural Gas
Iran Seeks to Revive Gas Project With Oman Ahead of Raisi Visit
Iranian Oil Minister Javad Owji met Oman’s foreign and energy ministers in Muscat and discussed reviving a project to develop a shared gas field that’s been s…
Crude Oil
Oil Falls on Positive Signals from U.S.-Iran Talks
Oil prices fell on Monday as signs of a progress in the U.S.-Iran nuclear talks that could lead to removal of U.S. sanctions on Iranian oil sales offset concern…
Oil Field
Iran, Azerbaijan Eye Joint Development of Oil and Gas Fields in Caspian Sea
Iran and Azerbaijan, members of the OPEC+ alliance, are looking at finalizing "soon" a number of energy deals, including joint development of an oil field in th…
Oil Field
Iran Needs $11 Billion To Develop Oil Fields Along The Iraqi Border
Iran needs some $11 billion in investments to develop oil fields along its border with Iraq, Bloomberg has reported, citing the new head of the National Iranian…
Crude Oil
Oil Tanker Explodes In Syrian Port
An explosion on an oil tanker moored at the Syrian port of Latakia caused a fire that has injured two people in an incident on what was identified as a tanker p…
Oil Refinery
No Official Explanation For Fire At Iran Oil And Gas Installation
The spokesman of Arvandan Oil and Gas Company, a major subsidiary of the National Iranian Oil Company operating in the oil-rich province of Khuzestan
Crude Oil
Iran Claims Its Oil Production Could Jump To 6.5 Million Bpd
Iran can boost its crude oil production to as much as 6.5 million barrels per day when the U.S. sanctions on its oil industry are lifted, Iranian Oil Minister B…
Oil Price
Oil Prices Rise on Potential Hitch in Iran Talks
Oil prices rose on Monday as a demand bump fueled by COVID-19 vaccination drives gave traders optimism that the market can absorb any Iranian oil that would com…
Oil Field
Iran to Award $1.8 Billion Gas Field Contract to Local Company
Iran’s Petropars Ltd. will be awarded a $1.78 billion contract by the National Iranian Oil Co. to develop the giant Farzad-B gas field that was previously inte…
Biden Administration To Enforce Trump-Era Sanctions On Iran Oil Shipments
A key tenet of the prior Trump administration's crackdown on China and Iran was to punish those Chinese companies caught transferring sanctioned Iranian oil,
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