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Iran foresees ‘tangible’ rise in oil exports in March
March 2, 2016

Iran sees a “tangible” rise in oil shipments to international markets this month as the country is stepping up production and traditional buyers are reviving trade.South Korea said on Wednesday it is boosting imports of Iranian oil, especially condensate, to meet growing demand after sanctions…

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Iran says oil exports rose by 30%
March 2, 2016

Iran said on Tuesday that its oil exports had increased by 30 percent last month. The country’s Oil Minister Bijan Zangeneh has been quoted by the media as saying that exports increased to 1.75 million…

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Giant Gas Projects Confirm IRGC’s Engineering Power: Commander
March 2, 2016

Commander of the Islamic Revolution Guards Corps (IRGC) Major General Mohammad Ali Jafari said development of the phases 15 and 16 of the South Pars gas field in southern Iran was a testimony to the…

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Iran’s first container ship heads to Europe
February 28, 2016

An Iranian container ship is heading to Europe for the first time in five years, marking Tehran’s return to international markets after the lifting of sanctions, an official says.Chairman of the Islamic Republic of Iran…

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Vilified Siemens is Iran’s new darling
February 25, 2016

Iran’s Minister of Petroleum Bijan Zangeneh hopes to open a “new chapter” in cooperation with Siemens as Europe’s biggest engineering conglomerate refreshes its indelible mark in the Iranian industry.Once suspected of helping the US and…

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Iran rejects oil freeze call as ‘joke’
February 25, 2016

Iran on Tuesday vehemently rejected any possibility that it will stop increasing its oil production with the country’s oil minister Bijan Zangeneh mocking any request on Tehran to that effect as “a joke”.“Some countries that…

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Iran to export 60k bpd of oil to Greece
February 25, 2016

Iran said on Saturday that it has finalized a deal with Greece to sell as much as 60,000 barrels per day (bpd) of crude oil to the country.Amir-Hossein Zamaniniya, the director for international affairs of…

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Iran oil exports to rise by 500K barrels in current month: Official
February 25, 2016

An official at the National Iranian Oil Company (NIOC) says Iran will increase its crude oil exports by 500,000 barrels per day (bpd) during the current month.Speaking in an interview with Fars news agency on…

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Russia tries to mollify Iran on Saudi talks
February 25, 2016

Russia is apparently trying to placate Iran after a surprise agreement with Saudi Arabia on freezing oil production.The abortive effort came in the midst of Iran’s efforts to redeem its market share with stepped-up oil…

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Japan eyeing Iran’s oil prize Azadegan
February 25, 2016

New indications have emerged that show Japan has become interested in the development of Iran’s Azadegan oil field that industrialists have for long described as the crown jewel of the country’s oil projects.Platts has quoted…

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