Iran to pay energy projects investors in crude: Minister
Iranian Oil Minister Javad Owji says the country would seek to attract investment into major petroleum projects through a barter system involving…
Tag Archives: Iran’s crude oil
1st shipment of Iran oil from Oman Sea to be loaded on Thur.
The loading operations of the first shipment of Iranian oil export from Sea of Oman will begin on Thursday, July 22. CEO…
Iran mulls changes to c share from crude revenues
An Iranian legislative official says the government is mulling to change the formula used to calculate the share of the National Iranian…
Iran allows early repayment of sukuk bonds through crude
Iran’s finance ministry has issued a notice allowing the repayment of sukuk, debt bonds that are compliant with Islamic financial principles, through…
2mb of light crude at IRENEX on Tuesday
MNA – The National Iranian Oil Company will offer light crude at the next round of the international ring of Iran Energy…
IRENEX to hold 8th round of heavy crude oil offering
Tehran Times – National Iranian Oil Company (NIOC) will offer two million barrels of heavy crude oil at Iran Energy Exchange (IRENEX)…
NIOC to offer heavy crude at IRENEX on Aug. 27
MNA – The National Iranian Oil Company (NIOC) is planning to offer 2 million barrels of heavy crude oil on the international…
Iran Energy Exchange to offer heavy crude on Wednesday
MNA – The Iranian National Oil Company announced in a notice on Saturday that the new round of heavy crude oil sale…
2mn barrels of light crude at today’s energy exchange
MNA – National Iranian Oil Company will offer light crude oil at today’s session of Iran Energy Exchange (IRENEX). According to NIOC,…
2mn barrels of light crude at IRENEX on Tuesday
MNA – The National Iranian Oil Company will offer two million barrels of light crude oil at the international ring of the…
IRENEX to hold 5th round of heavy crude oil offering on Tuesday
Tehran Times – National Iranian Oil Company (NIOC) will offer two million barrels of heavy crude oil at Iran Energy Exchange (IRENEX)…
IRENEX to hold 13th round of offering light crude oil on Tuesday
Tehran Times – National Iranian Oil Company (NIOC) will offer two million barrels of light crude oil at Iran Energy Exchange (IRENEX)…
NIOC to offer 2m barrels of heavy crude at Energy Exchange on July 9
MNA – The National Iranian Oil Company (NIOC) has planned to offer 2 million barrels of heavy crude oil on the Iran…
Iran’s Jask terminal to hold 10m barrels of oil
Financial Tribune – The engineering and designing phase of 20 crude oil storage facilities near the southeastern port of Jask in Hormozgan…
South Korea’s imports of Iranian oil soar in Feb.
MNA – South Korea’s imports of Iranian crude oil more than quadrupled in February from a month ago, nearing a level before…
India did not let Russian-owned refinery buy Iranian oil: Iran minister
Reuters – Iranian Oil Minister Bijan Zanganeh said on Wednesday that, because of U.S. sanctions, India had refused to allow a Russian-owned…
Petroleum ministry serious to ensure IRENEX success
SHANA – The managing director of Iran Energy Exchange (IRENEX) said the Iranian Ministry of Petroleum was serious in ensuring success of…
Iran crude oil to hit stock exchange tomorrow
IRNA -The sale of crude oil in the stock exchange will start on Sunday, with one million barrels of exported crude oil.…
Ferdowsi, Mideast biggest heavy crude oil field
SHANA – More than 108 years of prospecting for hydrocarbon reservoirs in Iran have resulted in the exploration of the supergiant South…
NIOC mulls selling crude oil at stock market
SHANA — National Iranian Oil Company (NIOC) is weighing a decision to sell crude oil on the stock exchange after thoroughly reviewing…
Iran light crude up by $2.43
IRNA – Iran’s light crude was sold for 62.39 dollars, down 2.43 dollars, a barrel on the average in the week to…
Iran crude prices overtake Brent’s
MNA – Iran’s light crude oil price increased by 13 cents in the last week of December at a time when Brent…
7-month output of MOGPC exceeds expectations
SHANA – The crude oil production of Maroon Oil and Gas Production Company (MOGPC) stood at 109% of its planned productivity during…
Prices for Iranian crude exceed $53 per barrel
MNA – Iran’s light crude prices moved up by over one dollar to reach as high as 54 dollars per barrel in…
Iran crude prices near $50 per barrel
Financial Tribune – Iran’s crude oil edged closer to $50 a barrel at the end of last month, the Oil Ministry said.…
Iran eyes 0.5mbd of crude from West Karoon region
SHANA – Iran will be recovering over half a million barrels per day of crude oil by late-June 2017, a senior Iranian…
Price of Iran’s heavy crude keeps rising
MNA– The rise in value of Iran’s heavy oil has demonstrated a new record high for the second consecutive week as it…
Iran pumps more gas than crude oil
SHANA- Iran says it is now producing more natural gas than crude oil. Gholamreza Manouchehri, deputy managing director of the National…
Iran’s crude oil storage capacity to hit 10 million barrels
Bushehr, Sept 3, IRNA – Managing Director of Iranian Oil Terminals Company (IOTC) Pirouz Mousavi said in this southern province on Saturday…
Independent Chinese refiners buy 2mb of Iran crude
TEHRAN, Aug 02 (Shana) — Director of International Affairs at National Iranian Oil Company (NIOC) Mohsen Qamsari said independent refiners from China…
Crude transfer via pipeline up 51%
TEHRAN, July 23 (Shana) – Director of the Pipelines Department at Iranian Oil Pipelines and Telecommunication Company ( IOPTC) Dariush Amir…
Veep: Govt. policy based on avoiding crude sales
TEHRAN, July 19 (Shana) – The First Vice-President Eshaq Jahangiri said on Tuesday that government’s main policy is based on avoiding selling…
NPC head stresses value-chain completion in new projects
TEHRAN, June 28 (Shana) — Managing director of National Petrochemical Company (NPC) underlined curbing crude oil sale as a primal NPC…
India, second largest buyer of Iranian crude
TEHRAN, Jun. 26 (MNA) – Iran’s crude oil exports to India in March 2016 surges from 290 to 505 thousand barrels per…
British Shell company purchases Iran’s crude
TEHRAN (FNA)- Director of International Affairs at the National Iranian Oil Company (NIOC) Mohsen Qamsari announced that Royal Dutch Shell company has…
BP to buy Iranian crude oil
TEHRAN, Apr. 25 (MNA) – National Iranian Oil Company (NIOC) and British Petroleum (BP) industry company have launched talks on inking an…
South Korea boosts imports of Iranian crude
A new report indicates South Korea increased imports of crude oil from Iran by over 100 percent in February, compared to the…
Jakarta seeks buying Iran crude
TEHRAN (ISNA)- An Iranian oil official said that Jakarta is interested in buying Iran’s oil. Indonesian Minister of Energy and Mineral Resources…
Japan, S. Korea to buy Iran crude ahead of others
Iran is keen to keep up the oil competition with OPEC kingpin Saudi Arabia in terms of official selling prices, deputy for…
Iran planning 1m bpd crude capacity boost
TEHRAN Oct. 7 (Shana) – The Ministry of Petroleum is preparing for the post-sanction era and is planning programs for an increase…