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IOTC Keen on Tapping Local Capabilities: CEO
The CEO of the Iranian Oil Terminals Company (IOTC) said the company was serious in exploiting the equipment and services offered by domestic companies.
Iran petchem output to hit $25 bln by 2021: oil minister
The Iranian Oil Minister Bijan Zangeneh has said that the petrochemical output is increasing despite the US sanctions.
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Iran to be managed well without reliance on oil revenues
First Vice President Es’hagh Jahangiri said that the country enjoys high capacities and can be administered well without relying up...
Zarif says Iran-EU trade mechanism will cover oil sales
Iranian Foreign Minister Zarif rejected Reuters’ speculations that the EU-Iran trade mechanism, aimed at bypassing US sanctions aga...
Japan set to resume Iranian oil imports
Japanese oil wholesalers are expected to resume crude oil imports from Iran by as early as the end of the year.
Iran, S Korea working on mechanism for oil sales under US sanctions
The chairman of Iran-South Korea Chamber of Commerce said Sat. that Iran and South Korea are working on a mechanism to continue bil...
Iran’s oil sales predicted at 1.5mn bpd for $54 each in 2019
Spokesman for presiding board of the Iranian Parliament said Mon. that the government has estimated the sale of 1.5 million barrels...
Zanganeh refuses to discuss oil sales due to US moves
Iranian Oil Minister Bijan Zanganeh refused to answer reporters’ questions about oil sales in the face of US sanctions, saying the ...
Oil reserves up 2.5-fold in post Islamic Revolution era
Minister of Petroleum Bijan Zangeneh says volume of Iran's oil reserves has risen 2.5-fold following triumph of Islamic Revolution ...
NIOC plans next round of IRENEX oil sale for early February
The National Iranian Oil Company (NIOC) has planned to offer a million barrels of crude oil on the Iran Energy Exchange (IRENEX) on...
Japan's Cosmo Oil resumes Iranian oil imports
Cosmo Oil has started loading its first Iranian crude oil cargo, the latest Japanese refiner to resume import of Iranian oil more t...
India to share Iran oil with state refiners
India will not share the limited supply of Iranian crude allowed under a US waiver from sanctions with private refiners, according ...
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