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Iran's oil minister to attend OPEC, non-OPEC meeting in Vienna: SHANA

EghtesadOnline: Iran's oil minister Bijan Namdar Zanganeh will attend the meeting between OPEC and non-OPEC members on Dec 10 in Vienna, the ministry's news agency SHANA said on Monday, as the countries try to finalize a global oil output-limiting pact.
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Publish Date:05/December/2016 | 11:05

OPEC pegs Iran's share at 3.9mbd

EghtesadOnline: OPEC in its 171st ordinary meeting on Wednesday, November 30, agreed to Iran's share of 3.9 million barrels per day in its total output.
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Publish Date:04/December/2016 | 10:18

Iran pulls ahead in race to supply India with oil

EghtesadOnline: The latest reports indicated that The Islamic Republic of Iran is on the front of the competition for market share in the world’s fastest-growing oil consuming nation, India.
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Publish Date:30/November/2016 | 22:22

Iran Said to Assess 1.1 Million Barrel-a-Day Collective OPEC Cut

EghtesadOnline: Iran is assessing a proposal for a collective OPEC output cut, but hasn’t announced any commitment to reduce its own production as the group tries to end disagreements about how to share the burden of supply cuts ahead of a meeting in Vienna.
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Publish Date:28/November/2016 | 09:48

NISOC, Schlumberger sign MoU

EghtesadOnline: National Iranian South Oilfields Company (NISOC) and Schlumberger inked a confidentiality agreement (CA) on studying and preparing plan for Rag Sefid, Parsi and Shadegan oil fields on November 27 in Ahvaz.
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Publish Date:27/November/2016 | 19:39

Iran optimistic on OPEC deal after meeting Algerian minister

EghtesadOnline: Iran is optimistic OPEC can reach a deal on limiting oil supplies and plans to announce its own decision about any output curbs at the group's meeting next week, Iranian Oil Minister Bijan Zanganeh said on the ministry's official website SHANA.
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Publish Date:26/November/2016 | 21:53

Saudi Arabia’s Sway in OPEC Limited by Resurgent Iraq and Iran

EghtesadOnline: Saudi Arabia’s dominance of OPEC isn’t what it once was. Iraq and Iran, shaking off shackles of sanctions and war, have raised oil output to record highs and are asserting themselves within the Organization of Petroleum Exporting Countries.
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Publish Date:24/November/2016 | 17:36

Iran signs MoUs with 3 giant Russian oil companies

EghtesadOnline: A senior official at the National Iranian Oil Company (NIOC) said on Friday that the country has signed three memoranda of understanding (MoU's) with three leading Russian oil companies for bilateral cooperation.
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Publish Date:20/November/2016 | 11:14

OPEC moves closer to oil output deal as Iran gets new offer

EghtesadOnline: OPEC is moving closer toward finalizing this month its first deal since 2008 to limit oil output, with most members prepared to offer Iran significant flexibility on production volumes, ministers and sources said on Friday.
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Publish Date:19/November/2016 | 06:02

Iran Oil Boom Hangs in Balance as Investors Weigh Trump Risk

EghtesadOnline: Iran’s resurgent oil industry has confounded skeptics. Production is up by almost a third since sanctions were eased in January and foreign companies are lining up to help boost output further. Yet Donald Trump’s victory in the U.S. casts doubt on whether the momentum can last.
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Publish Date:17/November/2016 | 17:55

Iran, biggest crude exporter to France

EghtesdaOnline: Iran has become the first crude exporter to France in September, for the first time since the country began to export oil there after the sanctions have been removed on the country.
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Publish Date:16/November/2016 | 24:27

$6 billion in buyback investments in West Karoun oil fields

EghtesadOnline: Six billion dollars have been invested in the oil fields in Khuzestan's West Karoun Region, says Nureddin Shahnazizadeh, Director of Iran's Petroleum Engineering and Development Company (PEDEC).
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Publish Date:13/November/2016 | 17:14