oil

Iran to seal new $15b contract in energy

The $5 billion gas deal reached with Total S.A. last month set a new tone for Irans energy industry and the country is now poised to seal new oil and gas agreements worth three times the gas deal with the French major.

Energy

Iran’s oil shipments to Europe rising: NITC

An official with the National Iranian Tanker Company (NITC) said the country’s shipments to Europe were increasing on a daily basis, noting that the leading oil tanker operator planned to renovate its fleet.

Trade

Iran, Total to reach deel in weeks: Zanganeh

Iranian Oil Minister Bijan Namdar Zangeneh said a long-delayed gas deal between Tehran and French oil major Total is expected to be signed soon.

Energy

Japan’s Inpex considers bidding to develop Azadegan oil field

Inpex, Japans largest upstream company, announced that it plans to bid in a tender recently launched by Iran to develop the country’s Azadegan oil field.

Energy

Iran says position in oil market ‘stronger’

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.

Energy

Iran’s oil, condensate exports to rise in February: report

Irans crude and condensate exports are expected to rise slightly in February, a report said.

Energy

Global shipping insurers to cover Iran’s oil without US: report

Global shipping insurers have devised a way to ensure nearly full coverage for Iranian oil exports from next month, a report said.

Transportation

Iran exports $9bln of South Pars oil, gas in 7 months

Iran says the exports of the products of its South Pars oil and gas field hit $9 billion in the first seven months of the current Iranian calendar year (March 2016-March 2017).

Energy

Iran oil exports exceed 2 million bpd: Rouhani

Iranian President Hassan Rouhani says the country’s export of crude oil in the past month surpassed 2 million barrels per day (bpd).

Energy

Irans oil exports reach 2011 peak

Iran has managed to increase its oil exports to pre-sanctions level, a report said.

Energy