Irans Oil Minister Javad Owji says Europe will badly need supplies of oil from Iran this winter as he insists skyrocketing prices of natural gas in the continent have already push many consumers to switch to crude-based fuels. Owji said on Monday during a virtual meeting of the global OPEC+ oil producers that unit prices of natural gas had reached ...

SHANA -- Irans Minister of Petroleum Bijan Zangeneh said Tuesday Italy and Greece had stopped buying oil from Iran despite being granted waivers from US sanctions. Among the Europeans, except for Turkey, no other nation has purchased oil from Iran. Greece and Italy refuse to buy Irans oil despite winning waivers. Nor do they respond to our correspondence,...

The New York Times | David E. Sanger: Irans foreign minister, Mohammad Javad Zarif, said on Saturday that Tehran was closing in on an agreement to sell oil to European nations despite American threats of sanctions against any countries that do business with Iran. If the arrangement comes to fruition some British and French officials say they have ...

Shana -- Iran's oil exports to European buyers reached their post-sanctions highs in May, official figures show. According to these figures, Iran's Europe oil exports have also neared oil exports to Asian countries Iran sold some 1.1 million barrels of oil to European countries last May, close to the amount it supplied before international sanctions ...

Business Live - NITC, Irans leading oil tanker operator, said on Monday that its shipments to Europe were increasing daily and the company planned to upgrade its fleet to support expansion. International sanctions on Iran were lifted in January 2016. Mohammad Reza Shams Dolatabadi, NITCs head of international affairs, said on the sidelines of ...

Shana-- Iran says it sent half of its crude oil cargoes to Europe in May. Managing Director of National Iranian Oil Company (NIOC) Ali Kardor told reporters on Tuesday that Iran can supply 4 million barrels/day of crude oil and prefers Europe over Asian markets for export of its crude oil. Speaking on the sidelines of a signing ceremony for development ...

Platts- Iran is making rapid forays into the European crude oil market and selling its parcels to countries such as France, Italy, Greece and Spain, UK-based global shipping consultancy, VesselsValue said Wednesday. "Following the removal of sanctions, new players have emerged in the mix," VesselsValue said in a report. Iran's crude oil shipments ...

Tasnim CEO of the National Iranian Oil Company (NIOC) Ali Kardor said that given the willingness of some European countries to buy Irans crude oil, the country may increase its exports to Europe in the current year. Speaking to the Tasnim News Agency, Kardor said Iran currently exports 600,000 to 700,000 barrels per day of crude oil to Europe....

Bloomberg|Antony Dipaola & Julian Lee: Europe is poised to receive the most Iranian crude in about five years this month in a sign that the Persian Gulf nation may be regaining its share of a market it had lost to sanctions. Arrivals on supertankers will reach 622,581 barrels a day in January, the biggest flows for a single month since at least ...

SHANA-TEHRAN, Nov 02 (Shana) Director of the International Affairs Department at National Iranian Oil Company (NIOC) Mohsen Ghamsari says more than 700,000 barrels of Iranian oil will be exported to Europe. Ghamsari told Shana that Iran's average crude oil exports reached 2.44 million in October. He said Asian states continue to be major customers ...

TEHRAN (FNA)- Iranian President's Chief of Staff Mohammad Nahavandian announced plans to boost the volume of oil production and exports to Europe in the coming weeks. "Total (a French multinational integrated oil and gas company and one of the six 'Supermajor' oil companies in the world) will start its purchase from Iran in cash again and with no ...