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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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Iranian heavy crude oil price grows $5.10 per barrel in Feb.: OPEC
According to OPEC’s latest monthly report, Iranian heavy oil price increased $5.10 per barrel in February, 2019, reaching $61.29.
Iran transits over 45k tons of oil products overseas
Islamic Republic of Iran transited 45,691 tons of various types of oil products overseas through oil terminals and ports of Hormozg...
Japan committed to buy Iranian oil to avoid harm on its energy supply
Japan remains committed to avoiding any harmful impact from US sanctions on Iran, as it sees the Middle Eastern oil producer import...
Iran to export oil through Makran
Jask Oil and Gas Export Terminal will be activated before March 20, 2020 and Iran’s oil will be exported through Makran, Iranian Oi...
US pressures on Iran could lead oil market towards more fragility: Zanganeh
Iranian Minister of Petroleum Bijan Zanganeh said the current crude oil market was in a fragile state, adding “if the US decided to...
Despite sanctions, Iran's oil exports rise in early 2019: sources
Iran’s exports of crude oil were higher than expected in January and are at least holding steady this month, according to tanker da...
South Korea increases intake of Iranian oil
South Korea’s oil imports from Iran jumped 23% in March from its preceding month, customs data showed on Monday, registering the hi...
India’s Iran oil imports up 5 pct
India imported about 5 per cent more oil from Iran in the last fiscal year through March as companies raised purchases ahead of US ...
Japanese refiners want US waivers for Iran oil imports
Japanese refiners want to get a sanctions waivers extension from the U.S. government for oil imports from Iran, Takashi Tsukioka, p...
US likely to extend 4 Iran oil sanctions waivers: Reports
US is likely to extend exemption from sanctions for at least four major customers of Iran's oil as the previous waivers are getting...
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