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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 crude vital for sustaining balance in oil trade
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
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
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
Oil Minister Bijan Namdar Zanganeh said on Wednesday that the current volatility in the oil market is psychological.
Japan's Fuji Oil loads Iran oil, first cargo since U.S. sanctions waiver
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
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
The exploratory well, drilled in Iran’s Minoo Island has reached oil, Iranian Oil Minister, Bijan Namdar Zangeneh announced on Wedn...
India signs MoU with Iran to pay for crude oil in rupees: report
India and Iran inked a memorandum of understanding on Thursday to ditch the US dollar in their bilateral trade.
Out of OPEC, Qatar can start to market Iran's oil: Expert
After withdrawal from OPEC, Qatar can start to market Iranian oil to Asia and Europe, Sam Barden, director of the international tra...
Iran has found new customers for its oil: VP Jahangiri
First Vice President Es’hagh Jahangiri says Iran has found new customers and sold its oil to them, adding that "serious negotiation...
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