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Iran recoverable oil reserves at 160bn barrels
General: Iran’s Minister of Petroleum, Bijan Zangeneh said Tuesday the country’s recoverable oil stood at 160 billion barrels.
Japan’s Iran oil loading to continue through March
General: Japanese refiners will continue to lift oil from Iran through March after receiving a waiver from U.S. sanctions on crude imports i...
Iran’s budget least tied to oil among OPEC states: Zangeneh
General: Minister of Petroleum Bijan Zangeneh says Iran’s budget is the least tied to oil production among OPEC Member States, adding the co...
Iran crude vital for sustaining balance in oil trade
General: Iranian crude in the global market is extremely important for sustaining a balance in oil trade, says Sanjiv Singh, chairman of Ind...
Turkey resumes Iranian oil imports
General: Turkey has resumed imports of Iranian crude oil after a one-month hiatus in November when U.S. sanctions on Iran were reimposed, tr...
Oil min. says private clients of Iran crude had no problems exporting it
General: Minister of Petroleum Bijan Zangeneh said Wed. that private buyers of Iranian crude have been able to export it without any problem...
Price fluctuations in oil market, psychological: Zanganeh
General: Oil Minister Bijan Namdar Zanganeh said on Wednesday that the current volatility in the oil market is psychological.
General: Fuji Oil, jointly with Showa Shell, has loaded the first Iranian crude oil cargo being lifted by Japanese refiners since the countr...
India to import Iranian oil using rupee payment mechanism
General: India will import crude oil from Iran using a rupee-based payment mechanism, an industry source involved in discussions told Reuter...
Exploratory well of Minoo Island reaches oil: Zanganeh
General: The exploratory well, drilled in Iran’s Minoo Island has reached oil, Iranian Oil Minister, Bijan Namdar Zangeneh announced on Wedn...
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