Iran oil - page 28

Iran Oil Industry Still in Recovery Mode

EghtesadOnline: Mismanagement by the previous government plus the international economic sanctions incapacitated the key oil industry, Oil Minister Bijan Namdar Zanganeh said, stressing that Tehran has made concerted efforts to recuperate the oil and gas sectors over the last four years.

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Publish Date:06/May/2017 | 14:59

Iran Oil Minister Backs Extension of Crude Supply Cuts

EghtesadOnline: Tehran will support a decision to extend an OPEC-led agreement to cut crude oil supplies and lift sagging prices if other members of the Organization of Petroleum Exporting Countries continue to comply with their planned cuts.

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Publish Date:01/May/2017 | 24:27

Essar Raises Iran Oil Imports

EghtesadOnline: Essar Oil, Iran's key Indian client, doubled oil imports from Iran in 2016/17 to about 239,000 barrels per day as it stepped up shipments after sanctions against Tehran were lifted, according to tanker arrival data obtained from trade sources and ship-tracking services on the Thomson Reuters terminal.

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Publish Date:29/April/2017 | 11:33

First IPC Deals Expected in May

EghtesadOnline: Iran expects to sign its first oil deal under the new Iran Petroleum Contract (IPC) model within a month, a senior oil official said on Thursday.

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Publish Date:29/April/2017 | 11:31

Hungarians in Oil, Gas Talks

EghtesadOnline: Hungary's state-owned oil and gas group MOL is willing to help raise the rate of recovery from Iran's onshore and offshore oilfields with the help of the enhanced oil recovery (EOR) techniques.

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Publish Date:29/April/2017 | 11:23

Saudi Arabia Seen Losing Market Share to Iran, Iraq on Oil Cuts

EghtesadOnline: Saudi Arabia, the world’s biggest crude exporter, is losing market share to Iraq and Iran as a result of OPEC’s agreement to curb supplies to bolster prices, according to the head of research at Abu Dhabi Investment Authority.

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Publish Date:27/April/2017 | 05:41

Tehran in Final Stretch of Talks With Foreign Oil, Gas Majors

EghtesadOnline: Multinational oil companies are approaching the final stretch of negotiations to develop the country's massive hydrocarbon reserves, deputy oil minister for international affairs said.

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Publish Date:26/April/2017 | 09:24

Iran Reports Upsurge in Crude Exports

EghtesadOnline: The easing of international restrictions against Tehran in early 2016 breathed new life in the economy and allowed the country to augment the shipment of crude oil, its most important export commodity.

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Publish Date:26/April/2017 | 06:54

Iranian Crude Oil at $53 Per Barrel

EghtesadOnline: Iran's crude oil traded above $53 a barrel in the week to April 14, reflecting the global confidence in a pact between OPEC and non-OPEC producers to slash supplies to boost flagging oil prices.

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Publish Date:24/April/2017 | 09:38

Energy, Industry Sectors Boom

EghtesadOnline: The Iranian economy enjoyed increased oil production and growth in the industrial sector during the three quarters of the last fiscal year that ended March 20, 2017.

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Publish Date:24/April/2017 | 09:03

Iran Oil Ministry Minimizes Risk of New Sanctions

EghtesadOnline: International companies should seize new opportunities for investment in Iran's economic and energy sectors despite the talks about new sanctions in the wake of increasing political tensions between Tehran and Washington, a top oil official says.

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Publish Date:24/April/2017 | 06:08

Iran tellsTotal to finalize South Pars deal within weeks

EghtesadOnline: Iran says it expects France’s Total to finalize an agreement over the development of a key natural gas project in the country’s south in less than a month.

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Publish Date:23/April/2017 | 24:39

Italy Refiner Clears $428m Oil Debt

EghtesadOnline: Italian oil refiner Saras cleared in the first quarter of this year the debt it owed Iran for oil bought before sanctions were imposed, general manager Dario Scaffardi said.

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Publish Date:22/April/2017 | 08:31

Oil Prices Slide

EghtesadOnline: Oil prices edged lower on Friday, on course for the biggest weekly drop in a month, over doubts that an OPEC-led production cut will restore balance to an oversupplied market.

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Publish Date:22/April/2017 | 08:29

New Oil Contracts Will Enliven Iran's Job Market

EghtesadOnline: New contracts in the oil and gas sector can create thousands of jobs and resuscitate the economy which is reeling from international financial and trade restrictions, says Bijan Namdar Zanganeh, the oil minister.

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Publish Date:19/April/2017 | 10:56

Oil Majors Submit Development Plans for Iranian Oil Projects

EghtesadOnline: Six international oil giants have completed their surveys and submitted plans to the National Iranian Oil Company for developing oil and gas reservoirs, chief executive officer of the NIOC said on Tuesday.

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Publish Date:19/April/2017 | 07:24

South Azadegan Oil Output Crosses 50,000 bpd Threshold

EghtesadOnline: Iran has met 70% of its production target from South Azadegan Oilfield, a major onshore reservoir in the southern Khuzestan Province near the border with Iraq.

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Publish Date:18/April/2017 | 10:11

NIOC Invests $65m in Oil Region Infrastructure

EghtesadOnline: Almost $65 million (2.5 trillion rials) has been invested in infrastructure projects in the southern oil and gas regions, Ali Kardor, the chief executive officer of National Iranian Oil Company said.

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Publish Date:18/April/2017 | 10:06

Iran adheres to its commitments to OPEC: oil minister

EghtesadOnline: Most oil producers support an extension of output cuts by OPEC and non-OPEC countries, and Iran would also back such a move, Iranian oil minister Bijan Zanganeh said.

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Publish Date:17/April/2017 | 11:47

Petroleum Minister: Iran abides by oil contracts

EghtesadOnline: In the inauguration ceremony in South Pars Oil and Gas Field in Asaluyeh, Bushehr Province, on Saturday, Minister of Petroleum said Iran abides by all its oil contracts.

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Publish Date:16/April/2017 | 10:09