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South Korea’s oil imports from Iran up 83%

EghtesadOnline: The latest market figures that South Korea’s imports of crude from Iran saw a significant increase in October compared to the same period last year, but were nonetheless lower than September by a slight margin.
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Publish Date:20/November/2017 | 13:29

Iran’s oil exports to India up 88%

EghtesadOnline: The latest market figures indicate a giant increase in India’s imports of crude oil from Iran throughout October in yet another sign of success for the Iranian oil industry after the removal of sanctions that had decimated its exports for several years.
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Publish Date:20/November/2017 | 13:24

Iran's South Pars Crude Production Exceeds 4.5 Million Barrels

EghtesadOnline: Iran has produced over 4.5 million barrels of crude from the oil layer of South Pars, the world's largest gas field in the Persian Gulf, since production began nearly eight months ago, the director of the oil layer said.
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Publish Date:20/November/2017 | 07:18

South Korea's Iran Crude Imports Fall in October

EghtesadOnline: South Korea’s imports of Iranian crude oil fell 9.5% in October from the previous month, as the Middle Eastern country cut crude and condensate exports to Asia due to production setbacks.
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Publish Date:18/November/2017 | 15:41

Singaporean Company Signs MoU to Study Iran Oilfield

EghtesadOnline: Singapore-based Berlanga Group has signed a memorandum of understanding and a non-disclosure agreement with the National Iranian Oil Company on Wednesday to study Iran’s Dalpari Oilfield in the western Ilam Province.
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Publish Date:18/November/2017 | 08:34

NIOC, Norway ORG ink MoU

EghtesadOnline: National Iranian Oil Company (NIOC) and Norway's ORG signed a memorandum of understanding (MoU) on Wednesday to broaden their mutual cooperation.
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Publish Date:05/November/2017 | 14:56

Asian imports of Iranian oil hit highest in six months

EghtesadOnline: Imports of Iranian crude by major buyers in Asia rose in September for a third straight month to their highest since March, boosted by a surge in purchases in China and South Korea, Reuters reported.
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Publish Date:05/November/2017 | 13:43

Russia to help Iran boost oil output by 1.1 mb/d

EghtesadOnline: Russia says it has worked out a “road map” with Iran over cooperating in production of crude oil that envisages investing billions of dollars to increase the country’s oil production by at least 1.1 million barrels per day (mb/d).
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Publish Date:04/November/2017 | 14:39

Iran’s oil exports to China up 59%

EghtesadOnline: The latest market figures show that Iran’s exports of crude oil to China in September saw a whopping increase of 59 percent compared to the same period last year.
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Publish Date:28/October/2017 | 15:42

Kish Field Talks Underway

EghtesadOnline: Domestic and foreign companies are in talks with the state-owned National Iranian Oil Company on the development rights of Kish Gas Field, the Persian Gulf’s second largest gas field after South Pars.
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Publish Date:28/October/2017 | 14:09

Iran Making Decision on Changuleh Joint Oilfield

EghtesadOnline: The National Iranian Oil Company is weighing up whether to hand over the development rights of a joint oilfield in western Iran to European firms or Thailand's state oil company.
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Publish Date:24/October/2017 | 24:44

Iran Condensate Exports to Rebound in November

EghtesadOnline: Iranian exports of ultra-light crude oil, known as condensate, are set to recover 1% in November from a five-month low in October, although maintenance at a key oilfield will continue to drag on supply, a source with knowledge of the country’s preliminary tanker schedule said on Tuesday.
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Publish Date:23/October/2017 | 13:33

Iran Seeks More Euro for Crude Exports to S. Korea

EghtesadOnline: Unenthusiastic about trading oil in the US dollar and South Korea's won, Iran wants more euro payments for the crude oil it sells to South Korea, Oil Minister Bijan Namdar Zanganeh said, signaling that Tehran supports a growing interest in moving away from dollar as the international currency in oil market.
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Publish Date:23/October/2017 | 13:29

Tashkent Eyes Iran Oil Import, Mulls Transport Options

EghtesadOnline: Uzbekistan is willing to join the list of Iran's crude oil customers and talks are underway to study the full details of selling oil to the Central Asian country in the near future.
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Publish Date:23/October/2017 | 13:23

Iran, Iraq Battle for Crude Market Share

EghtesadOnline: Iraq and Iran boosted crude exports in September, taking advantage of a slower pace of shipments from the rival Saudi Arabia to win buyers in key markets like China and the US.
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Publish Date:15/October/2017 | 13:17