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Europe buys 30m barrels of Iranian crude in Jan.-Aug.

EghtesadOnline: Seven European countries imported 4.22 million tons (nearly 30 million barrels) of Iranian crude oil during the first eight months of 2016, according to the latest data released by European Union’s statistics agency (Eurostat).
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Publish Date:11/December/2016 | 20:47

207 MPs hail Iran’s successful oil diplomacy

EghtesadOnline: Some 207 members of the Iranian parliament in a statement appreciated Iranian oil diplomacy which resulted in Iran’s gaining its pre-sanction quota in the Organization of Petroleum Exporting Countries (OPEC).
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Publish Date:07/December/2016 | 24:48

Shell and Total Said to Sign Initial Oil Deals With Iran

EghtesadOnline: Royal Dutch Shell Plc and Total SA will sign initial agreements on Wednesday to develop oil and gas fields in Iran, in the first European petroleum deals in the Persian Gulf country since sanctions eased earlier this year, an Oil Ministry official said.
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Publish Date:07/December/2016 | 09:48

200 MPs hail Iran’s successful oil diplomacy

EghtesadOnline: 200 members of the Iranian parliament have signed a letter in appreciation of the Iranian oil diplomacy which resulted in Iran’s gaining its pre-sanction quota in the Organization of Petroleum Exporting Countries (OPEC).
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Publish Date:05/December/2016 | 24:20

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