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Shell Keeps Distance From Iranian Oil

EghtesadOnline: Royal Dutch Shell has bought only three cargoes of Iranian oil since sanctions were eased a year ago, a small fraction of what it used to buy and an indication of the legal difficulties and high prices that still hamper the trade.
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Publish Date: 12/March/2017 | 14:59

Gazprom Neft Finalizing Plan for Iranian Oil, Gas Projects

EghtesadOnline: Russia's Gazprom Neft plans to present a preliminary plan for developing two Iranian oil and gas fields — Changuleh and Cheshmeh Khosh — in April, while the final proposal is expected to be presented by late July, Gazprom Neft's First Deputy CEO Vadim Yakovlev said.
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Publish Date: 09/March/2017 | 17:15

Russia may buy 5 million tons of Iran’s oil per year

EghtesadOnline: Moscow and Tehran may agree the terms of Russia’s purchases of 100,000 barrels of Iranian oil per day in the nearest future which amounts to about 5 million tons of oil per year, Russia’s Energy Minister Alexander Novak said on the sidelines of CERAWeek conference on Tuesday, TASS reported.
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Publish Date: 08/March/2017 | 09:41

President hails JCPOA achievements, oil diplomacy

EghtesadOnline: President Hassan Rouhani said on Tuesday one of the rights restored to the Iranian nation following the implementation of the Joint Comprehensive Plan of Action (JCPOA) was the right to produce and export oil with no limit.
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Publish Date: 08/March/2017 | 06:20

NISOC, Tatneft Sign Oilfield Study Agreement

EghtesadOnline: Russia's Tatneft signed a preliminary agreement with the National Iranian South Oil Company (NISOC) on Monday to study Shadegan Oilfield in southern Khuzestan Province.
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Publish Date: 07/March/2017 | 13:43

Oil MoUs to turn into agreements in months: Oil official

EghtesadOnline: A senior oil official announced that Iran’s oil MoUs with the international companies will turn into agreements in the Iranian month of Khordad (May 21, June 20, 2017).
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Publish Date: 04/March/2017 | 13:00

Iran's National Oil Co. Studying Oilfield Development Proposals

EghtesadOnline: The National Iranian Oil Company is studying proposals from foreign oil companies to develop the country's rich hydrocarbon reservoirs, said the deputy for development and engineering at the NIOC.
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Publish Date: 04/March/2017 | 05:55

Iran can export 600,000 barrels of petroleum products per day

EghtesadOnline: According to latest reports, Iran exports 450,000 barrels of petroleum products per day, but deputy of Iranian Oil Refining and Distribution Company insisted that the number can rise up to 600,000 barrels.
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Publish Date: 02/March/2017 | 11:50

Asian imports of Iranian oil rise nearly 70%

EghtesadOnline: Imports of Iranian crude by Asia's four main buyers of the oil rose about two-thirds in January from a year ago when levels were lower as Western sanctions on Tehran had only just been lifted, Reuters reported.
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Publish Date: 02/March/2017 | 11:48

Parliament requires Oil Ministry to boost strategic reserves

EghtesadOnline: Lawmakers in the Iranian parliament (Majlis) urged the Ministry of Petroleum on Wednesday to increase the country’s strategic reserves of oil and natural gas as a leverage in the global oil and gas markets.
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Publish Date: 01/March/2017 | 14:27

Oil official: Iranian companies should get more powerful

EghtesadOnline: Deputy Minister of Petroleum for Petrochemical Affairs Marzieh Shahdaie said on Tuesday that Iranian petrochemical industry is an international industry and Iranian companies should raise their competitive power globally.
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Publish Date: 01/March/2017 | 09:41

Iran Insists on Tendering Oil, Gas Development Projects

EghtesadOnline: Iran is determined to develop its oil and gas fields through tenders for international companies, a top oil official said, as the country strives to hold the first such tender since sanctions were lifted in the January of last year.
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Publish Date: 28/February/2017 | 16:51