The US Energy Department has mentioned illegally confiscatedoil shipments from Iran in its 2022 imports data.
A Wednesday report by the official IRNA news agency showed that some 507,000 barrels of crude oil from Iran had been included in import tables released by the Energy Information Administration (EIA) for January-December 2022.
Iran has ...
Al-Monitor | Ali Dadpay: Amid a drop in global oil prices, even relief from US sanctions may not be enough to save Iran's collapsing economy.
Facing declining oil prices and rigid sanctions by the United States, the Iranian government needs to find new ways to fund its public spending. The solutions might prove unpopular both with the public and ...
Press TV- Irans oil production increased by 18.8 percent in the first nine months of 2016, reaching3.92 million barrels per day (mb/d), the US Energy Information Agency (EIA) says.
Irans oil output, including gas condensate, stood at 4.170 mb/d in September, about 870,000 b/d more than September 2015, the EIA said in a report.
It added that ...
Analysts have seen the first sign in twenty months of the oil market recovering. Prices are steadily going up, after the rout that wiped 70 percent off crudes value has calmed.
"The US crude market seems to have passed the worst point and crude runs should start creeping higher taking pressure off inventory levels. The latest EIA data on US production ...
Iran will likely produce hundreds of thousands of barrels of oil daily by the end of next year.
WASHINGTON (Sputnik) Iran will likely produce hundreds of thousands of barrels of oil daily by the end of next year once international sanctions on Tehran are fully lifted, the US Energy Information Administration (EIA) said in a report on Thursday.
Iran ...
Crude oil prices in the Asian trade have reached partial stabilization after taking a descending trend since the beginning of 2014.
Brent crude oil for delivery in February gained two cents to USD 61.20 on Thursday afternoon. The price of Brent crude oil on Tuesday tumbled below USD 59 a barrel for the first time since May 2009.
The respite came ...
Daily look at Irans late-breaking news and upcoming events:
European diplomats urge Iran-P5+1 deal by deadline
A group of former and current European diplomats have called on the P5+1 group of world powers and Iran to intensify their efforts to reach a comprehensive nuclear deal by the November 24 deadline set by the six countries.
...
TEHRAN (ISNA)- Iran's crude oil production increased in 2014, increasing its rank to the third-largest crude oil producer in the Organization of Petroleum Exporting Countries (OPEC) during the first half of 2014, US Energy Information Administration (EIA) said.
Iran's oil output in the first seven months of the year exceeded 3.2 million barrels per ...
[caption id="attachment_108398" align="alignright" width="257"] This file photo shows installations at South Pars gas field in south Iran.[/caption]
The US Energy Information Administration (EIA) has acknowledged that international sanctions have failed to stop Irans natural gas production growth.
Despite repeated delays in field development and ...
ILNA: The U.S. Energy Information Administration (EIA) in its annual report about Irans energy sector released on July 22 predicted that Irans natural gas production will be increased in the coming years.
FGE projects that Irans gross natural gas production will increase to 10.6 trillion cubic feet in 2020, but that growth will depend on the pace ...
[caption id="attachment_27590" align="alignright" width="210"] A view of Iran's South Pars Gas and Oil Field[/caption]
Gulfoilproducers are benefiting from the sharp fall in crude exports from Iran through increased export revenues, according to analysis by the US governments Energy Information Administration.
Excluding sanctions-hit Iran, members ...
In the last week of April, the US Energy Department issued a report showing that Irans crude oil and condensate exports have dropped to their lowest level in the past 26 years. The Energy Information Administration (EIA) estimates that Irans net oil export revenue in 2012 was $69 billion, down from $95 billion in 2011.
In 2012, the average export ...
[caption id="attachment_24177" align="alignright" width="300"] An Iranian oil tanker docks with and oil facility owned by the Iranian National Oil Company in the Persian Gulf.[/caption]
Global sanctions cut Iran's crude oil exports by 39% in 2012, to 1.5 million barrels a day, the lowest level since 1986, during the Iran-Iraq war, the U.S. Energy ...
Brent crude steadied on Wednesday, holding just below a nine-month high near $119 per barrel on forecasts of a faster-than-expected growth in global oil demand this year, although easing tensions in Iran subdued prices.
The US Energy Information Administration (EIA) and the 12-member Organization of the Petroleum Exporting Countries increased ...
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