Iran heavy crude price ticks up
Financial Tribune – Iran’s heavy crude oil gained $1.45 or 2.6% per barrel in January compared to December when it was traded…
Tag Archives: Iran oil exports
One potential beneficiary of US sanctions on Venezuela: Iran
The Wall Street Journal | Benoit Faucon: The Trump administration’s sanctions on Venezuelan crude complicate its effort to bring Iran’s oil exports…
S. Korean firms to resume Iran gas condensates purchase
IRNA – Two major South Korean oil companies are to resume buying Iran gas condensates in February, South Korean media reported. Hyundai…
Iran oil development, unstoppable: MP
SHANA – A member of the Iranian parliament said the development of Iran’s oil industry could not be stopped. Speaking to Shana,…
Asia resumes Iran oil imports at lowered rates as waiver window shrinks
S&P Global Platts – Asian imports of Iranian crude oil have just started to return but at sharply lower levels as top…
Japan’s Cosmo Oil resumes intake of Iranian crude: source
MNA – Cosmo Oil has started loading its first Iranian crude oil cargo, the latest Japanese refiner to resume import of Iranian…
Iran announces oil discovery in untapped region
RT – Iranian Oil Minister Bijan Zanganeh has told the media that the national oil company NIOC struck light sweet oil in…
Oil-rich Iran cannot be barred from global energy market: Rouhani
Press TV – President Hassan Rouhani says Iran, as a country rich in oil and gas resources, cannot be excluded from the…
Larijani highlights US failure to cut Iran’s oil exports to zero
Tasnim – Iranian Parliament Speaker Ali Larijani highlighted the futility of US plots to hit the Islamic Republic’s economy and said Washington…
Ex-envoy urges diversification of Iran oil customers
Tasnim – A former envoy of Iran to the Organization of the Petroleum Exporting Countries (OPEC) called for efforts to diversify the…
CBI Chief: Japan resumes Iran oil imports
IRNA – After China, South Korea, India and Turkey, Japan has also resumed importing Iran oil, Governor of the Central Bank of…
India to share Iran oil with state refiners
MNA – India will not share the limited supply of Iranian crude allowed under a US waiver from sanctions with private refiners,…
Trump administration still might let Iran export oil, and that could lower prices
CNBC | Tom DiChristopher: The Trump administration is leaving itself wiggle room to continue allowing Iran to export oil, potentially setting up another…
‘No reason’ Iran sanctions will lead to higher oil prices: US’ Hook
S&P Global Platts – Thanks to booming US output, as well as increased supplies from Saudi Arabia, Russia and other major producers,…
US frustrated at preventing Iran oil exports: Veep
SHANA – Iranian First Vice President Eshaq Jahangiri said the US plots to frustrate Iran’s oil exports had been a failure. Speaking…
BPCL to import 1mn barrels of Iran crude in February and March
MNA – India’s second largest refiner by capacity, Bharat Petroleum Corporation Ltd. (BPCL), plans to import 1 million barrels of Iranian oil…
Weekly report: India will continue to import Iranian oil despite US sanctions
January 13, The Iran Project – Iran FM visit to New Delhi and meeting with senior officials; Zarif on Bolton pic: VR…
Iran works with its traditional partners to circumvent US sanctions
January 12, The Iran Project – Turning to its traditional partners as EU tarries on bypassing US unilateral sanctions, Iran’s Foreign Minister Mohammad…
India will continue to import Iranian oil despite US sanctions – Ministry
Sputnik – A day after Washington threatened to impose further economic sanctions against Iran, India once again reiterated that it will continue…
US official rules out further waivers on Iran oil imports
Reuters – The United States will grant no more waivers for Iranian oil after the reimposition of U.S. sanctions, the U.S. special…
S. Korea to restart oil imports from Iran in Jan-Feb
IRNA – South Korean oil buyers are expected to restart oil imports from Iran in late January or early February, the head…
India’s BPCL to buy Iranian oil in Feb after 3-month gap – sources
Reuters – State-run Bharat Petroleum Corp will import 1 million barrels of Iranian oil in February after a gap of three months,…
Zangeneh urges export of western provinces’ petchem products to Iraq
IRNA – Petroleum Minister Bijan Namdar Zangeneh on Monday called for export of products of some 10 petrochemical facilities operating in Kermanshah,…
Iran is a reliable oil supplier to India: Zarif
MNA – The Iranian Foreign Minister Mohammad Javad Zarif says that Iran has always been and will be the reliable supplier of…
Japan’s JXTG, Cosmo aim to resume Iran oil loadings at end-Jan.
S&P Global Platts – Japan’s JXTG Holdings intends to resume loading oil from Iran at the end of January, while Cosmo Oil…
Iran oil exports at sufficient level: Veep
SHANA — The Iranian First Vice President said that the United States was trying to choke up Iran’s oil exports as the…
Iran’s coverage: Iran’s Expediency Council approves anti-money laundering bill to ease foreign trade
Daily look at Iran’s late-breaking news and upcoming events: Iran passes amendment bill on combating money laundering The Expediency Council has…
How to counter oil sanctions
SHANA — We view sanctions as the conditions or the scope of project, i.e. assessing every factor, which is likely to affect…
Official: Selling oil at top of Iran priority list
Press TV – Iran’s deputy oil minister for trade and international affairs says despite US pressure, the number of potential oil customers…
Khorasan Petrochemical Company boosts exports by 12 percent
IRNA – Khorasan Petrochemical Company increased its exports volume by 12 percent in the first nine months of this Iranian calendar year…
US dream of halting Iran’s oil exports won’t come true
MNA – President Hassan Rouhani described economic activities in Iran promising and positive despite the enemies’ pressures, adding, “Americans won’t ever achieve…
Iran’s reliance on oil revenues to decrease by 28%: VP
Tasnim – Iranian Vice President Mohammad Baqer Nobakht reiterated the country’s policy to reduce its reliance on oil exports and said in…
Asia’s Iran crude imports hit more than five-year low in November as sanctions bite
Reuters – Imports of Iranian crude oil by major buyers in Asia hit their lowest in more than five years in November…
FM Zarif: US would have to resort to chaotic policies to stop Iran’s oil exports
MNA – Iranian Foreign Minister Zarif said the US would have to resort to policies that would drag the world into a…
Turkey expects extension of Iran sanctions waiver, minister says
Bloomberg – Turkey expects the U.S. to extend its sanctions waiver on importing Iranian oil, Trade Minister Ruhsar Pekcan said. “We expect…
Iran plans 3 million barrels of oil sale to private exporters
Press TV – Iran plans to sell 3 million barrels of crude oil to private companies in the third round of sales…
Energy Exchange chief: Foreigners asked to buy Iranian oil via stock market
MNA – Managing director of Iran’s Energy Exchange said Sun. that a number of foreign companies have already obtained a special trading…
India to continue Iranian oil imports via rupees: envoy
MNA – India’s ambassador Saurabh Kumar said on Saturday that his country will continue importing Iranian oil with the help of the…
NIOC denies Reuters coverage of Iranian oil link to intoxications in ENAP refinery
SHANA — The National Iranian Oil Company (NIOC) firmly denied a story covered by Reuters on Chilean prosecutors alleging possible Iranian oil…
Chile prosecutors examine possible Iranian oil link to fumes that sent hundreds for treatment
Reuters – Chilean law enforcement officials are investigating the delivery of Iranian crude oil to state energy company ENAP as a possible…