Germany’s biggest oil and gas company Wintershall says it is looking into a plan to collaborate with Russia’s energy giant Gazprom over projects in Iran.
Iran has started a much-awaited project to export natural gas to Iraq.
Iran’s Petroleum Minister Bijan Zanganeh has blamed a recent rise in US oil production for the plunge in global prices of crude oil.
Total Chief Executive Patrick Pouyanne who is preparing to sing a major gas contract with Iran has hailed the country’s new format of oil sector agreements as “a real improvement”.
Italy’s Eni is preparing to sign a basic agreement to study Iran’s Kish gas field and Darkhovin oil field.
Iran says it is working on a plan to develop sophisticated small-sized gas liquefaction units – named Mini-LNG plants – with South Korea to answer energy needs in remote areas of the Islamic Republic.
As Iran is preparing to sing a much-delayed deal with the French energy giant Total over the development of a major gas project, indications are growing that Tehran is already looking at the political messages that the deal could send to the world.
The addition of Gazprom Neft, Rosneft, Tatneft and Zarubezhneft plus Socar takes the number of firms eligible to bid for Iran’s oil and gas projects to 34.
A new report shows Iran still has the world’s largest reserves of natural gas and is closely followed by market rivals Russia and then Qatar.
The first consignment of high-quality gasoline produced from its newly-launched Persian Gulf Start Refinery is ready for nationwide distribution.
Iran's exports to Europe in the month surged to their highest level since the lifting of sanctions in early 2016 to 1.1 million barrels per day (bpd).
Russia’s energy giant Lukoil says it expects to sign oil project development contracts with Iran within the next few months.
Russia’s Energy Minister Alexander Novak says Moscow has signed a revised oil-for-goods contract with Iran, adding that the changes concerned technical aspects and prices.
Iran’s Petroleum Minister Bijan Zanganeh says the country has signed a basic agreement with Russia’s Gazprom over the development of Farzad B gas field.
Japan’s largest upstream company has announced that it will consider bidding to develop Iran’s huge oil field.
The United Arab Emirates has reportedly paid past dues to Iran for pre-sanctions purchases of gas condensate.
Iran says it expects to sign an agreement with global energy giant Royal/Dutch Shell in the near future over a key petrochemical project.
The National Iranian Oil Company says a tender for the development of Azadegan oil field would be held in the coming days.
Zangeneh and Total Chief Executive Patrick Pouyanne met in Vienna on the sidelines of the OPEC meeting on Friday night and discussed the gas deal.
Iran has reportedly signed an agreement with Russia under which it will sell crude oil to Russia in exchange for products.
Iran’s Oil Minister Bijan Zanganeh says the country expects to see a boost in foreign investment in its oil sector projects after the re-election of President Hassan Rouhani last week.
Iran’s Oil Minister Bijan Zanganeh says the country is in a stronger position to continue its oil policies after the re-election of President Hassan Rouhani this past Saturday.
The Organization of the Petroleum Exporting Countries (OPEC) has agreed to extend until March 2018 an oil output cut deal that was sealed last year to help shore up prices.
Iran has signed an agreement with a Spanish-Iranian consortium over the production of corrosion resistant pipes used in the oil industry.
Iran’s Petroleum Minister Bijan Zanganeh says he does not expect the Organization of the Petroleum Exporting Countries (OPEC) to call on the Islamic Republic to reduce its oil production when it meets to discuss extending an oil output deal tomorrow.
The National Iranian Oil Company (NIOC) says a new gas field has been discovered close to the giant South Pars natural gas field which is shared between Iran and Qatar.
Baghdad has just cleared another $50 million of its $1.2 billion debt which has accumulated over years to Iran, Deputy Energy Minister Houshang Falahatian said.
President of state-own Philippines National Oil Co. (PNOC) Pedro Aquino is in Tehran to attend an international oil industry exhibition.
Reports say India has signed an agreement to import liquefied petroleum gas (LPG) from Iran to meet the rising demand for fuel in the urban sector.
Pall Corporation – a US-based global leader of filtration solutions – is said to be preparing to invest in Iran’s oil industry – the first American enterprise to do so in decades.
Iran’s Petroleum Minister Bijan Zanganeh says the country would favor oil prices at around $55 per barrel.
Iran is preparing to hold a crucial annual oil exhibition in which it says some 1,500 foreign companies from 37 countries would showcase their latest technical achievements.
President Rouhani inaugurates a major fuel production project in the southern port city of Bandar Abbas that is expected to make the country independent from gasoline imports after 36 years.
Iran’s Petroleum Minister Bijan Zanganeh says the country is looking into the possibility of bringing in the French energy giant Total for production of liquefied natural gas (LNG) – a scheme that he said could lead to exports of the fuel to Europe.
Iran has built 7,405 megawatts of new capacity over the past three and half years, including 2,200 megawatts last year.
Iran has named 29 firms as being eligible to bid for oil and gas projects but they have been waiting for the country to finalize the new model before they move forward.
Russia’s Energy Minister Alexander Novak says the country has cut its production of crude oil by around 300,000 barrels per day (bpd) as part of an agreement with world’s oil producers to shore up global prices.
Iran has inaugurated a major solar power plant with an electricity production capacity of 10 megawatts per year.
Fresh signs have appeared that show European companies are gradually getting a strong foothold in Iran’s petrochemical industry.
Amirhossein Zamaniniya, Iran’s deputy petroleum minister for international affairs and trading, says Tehran expects Total to finalize an agreement over the development of South Pars Phase 11 “in less than a month”.
The international Iran Petrochemical Forum opened Saturday with the participation of industry experts, traders and petrochemical producers from more than 18 countries.
Dario Scaffardi, the general manager of Italy’s refiner Saras, says it has cleared all the debt it owed Iran for oil purchased before sanctions were imposed against the country in 2012.
Iran’s President Hassan Rouhani has inaugurated a series of giant projects in the country’s natural gas hub of South Pars – projects that have now put the Islamic Republic in the lead over production from the field which it shares with Qatar.
Iran’s Oil Minister Bijan Zanganeh says the country supports the extension of an agreement by global oil producers to cut outputs.
South Korea took in 2.26 million tonnes of Iranian crude, or 534,368 barrels per day (bpd), in March, data from Korea National Oil Corp (KNOC) showed Saturday.
Iran says it expects its oil production to reach around four million barrels per day (mb/d) by next March.
India is currently Iran's second biggest oil client after China but there is still room for the two sides to return to levels before the sanctions when Tehran was New Delhi's second oil supplier.
Indian media say Iran has cut by one-third the time it gives to Indian refiners to pay for oil they buy from it and has also raised ship freight rates.
Janos Lazar, the chief of staff of Hungary’s Prime Minister Viktor Orban, says Budapest is preparing to cooperate with Tehran over the joint construction of a small nuclear plant.
BP says the US Treasury Department has authorized it through a license issued in September 2016 to go ahead with operating the Rhum gas field that it jointly shares with the National Iranian Oil Company (NIOC).
Tanker tracking sources say Iran has sold all the oil it had stored at sea for years.
Iran says it is not concerned by India’s decision to cut oil imports from the Islamic Republic.
Iran says its total exports of crude oil and condensate have surpassed 3 million barrels per day (mb/d) – a level not seen for at least the past six years.
Total CEO Patrick Pouyanné says his company is trying to develop its own mechanism to carry out Iran-related banking transactions without falling afoul of US primary sanctions.
Iran has been ramping up crude oil production to win back its market share since sanctions were lifted on the country in January 2015 under a nuclear accord with world countries.
The offshore field in the Persian Gulf is estimated to hold reserves of 12.5 trillion cubic feet of natural gas with a lifetime of 30 years.
Iran’s gas delivery should have started in December 2014 but Pakistan has failed to complete its part of the pipeline under the contract signed back in 2010.
Iran says it is negotiating with Russia to carry out joint natural gas development projects.
Iran’s media say the country has delivered a major cargo of crude oil to Belarus through a key port in southern Ukraine.
Energy analysts say oil field development plans in Iran and Iraq are expected to drive the largest production growth in the Middle East over the next four years.
The National Iranian Oil Company is preparing to export 800,000 barrels per day of oil to Europe within the next two months.
Total became the first Western oil major to sign an energy agreement with Iran in February 2016.
Bloomberg says Iran is injecting huge amounts of natural gas into its aging oil fields to boost its production of crude oil.
The latest official figures show that South Korea’s imports of oil from Iran rose by about 54 percent in February from a year ago.
Iran would need to develop about 49 gigawatts of solar power, 77 gigawatts of wind energy and 21 gigawatts of hydropower to achieve a zero-emissions grid.
The latest shipping figures show that India’s imports of crude oil from Iran in February increased by about three times compared to the same period last year.
Linde Chief Executive Office Aldo Belloni says his company has revived plant-engineering contracts in Iran but cannot work on them due to money transfer problems.
Iran says it has started talks with South Africa over a strategic project to produce fuel from natural gas.
Indonesia says it wants to double imports of LPG from Iran from 500,000 tonnes to 1 million tones.
Iran says it understands why Total had to delay a decision to go ahead with the development of a key gas project in the country.
Iran says it may start talks with global energy giant Shell over the development of Kish gas field.
Top negotiator Abbas Araqchi shrugged off concerns about the new US president’s commitment to a landmark nuclear accord with Iran.
Reports say Iran’s exports of crude oil to Europe surged after the EU lifted most of the trade and financial restrictions against the country in January 2016.
Figures show that imports of Iran’s crude oil by Asia's four main buyers increased by about 70 percent in January.
Total is reportedly in talks with Iran to buy a major stake in one of the country’s main liquefied natural gas (LNG) projects.
Iran’s Oil Minister Bijan Zanganeh says OPEC’s level of compliance with production cuts in January has been satisfactory.
The two countries are currently discussing the terms of a potential agreement, with a deal expected to be reached "within weeks."
Indonesia says it is looking into the prospects of purchasing crude oil from Iran through long-term supply agreements.
Figures show Iran exported 24 million barrels of condensate to Asian and European clients in January.
Germany's BASF says it is in talks with Iran over possible investments in the Iranian oil industry.
Iran says the member states of the Organization of the Petroleum Exporting Countries (OPEC) will not benefit if oil prices increase beyond $55 per barrel.
Iran is set to sign a contract with Russia in 15 days to sell 100,000 barrels per day of oil to Moscow.
Iran and Russia launch project to construct a thermal power plant.
Reports say Japan is set to receive its first cargo of naphtha from Iran after the removal of sanctions against the country within the next few days.
Iran and Iraq have signed a basic agreement that envisages exporting Iraqi oil through the Iranian territory.
Zangeneh and his Iraqi counterpart Jabar al-Luaibi are expected to sign two agreements worked out by the two countries in January.
Total sealed a deal in November to develop Phase 11 of South Pars but there have been reports that the company was having second thoughts about the plan.
Iran has reported a major rise in exports of crude oil to France in January.
Iran says it has discovered major reserves of shale oil in the western parts of the country.
Reports say Belarus has purchased its first ever cargo of crude oil from Iran, a fresh sign that shows how the Islamic Republic is already extending its reach to consumption markets in northern Europe.
Figures show that Saudi Arabia has lost a significant share of South Korea’s oil market to Iran.