Iran's petrochemical, fuel sales boom as sanctions hit crude exports
Iran exported petrochemicals and petroleum products worth almost $20 billion in 2020
Novak: return of Iranian oil to world market needs to be taken into consideration
The return of Iranian oil to the world market needs to be taken into account, but first, there has to be an understanding of the exact schedule and volume limits, Russian Deputy Prime Minister Alexander Novak said. "Of course, this …
Oil retreats as investors await Iran nuclear talks this week
Investors may have sold off some contracts to take profit when WTI hit $70
Lukoil VP predicts how much oil Iran can offer to market
If sanctions are lifted, Iran will be able to offer up to 1.5 mln barrels of oil per day to the market in the near time, Vice President of Lukoil Leonid Fedun told reporters on the sidelines of the St. Petersburg International Economic Forum on …
Iran may disrupt OPEC + market balancing strategy
A group of some of the world’s most powerful oil producers agreed on Tuesday to continue gradually easing production cuts amid a rebound in oil prices. OPEC and its oil-producing allies, known as OPEC+, will boost output in July, in accordance with the group’s April decision to return 2.1 million barrels per day to the market between May and July
Iran transfers oil from pipeline skirting troubled strait
Iran started its first transfer of crude oil via its strategic Goreh-Jask pipeline, allowing the country to bypass the Strait of Hormuz, the state-run Islamic Republic News Agency reported. The oil passed through the pipeline’s …
Iran denies supply of oil to United States
Tehran denies information about oil supplies from Iran to the United States, the representative of the Oil Ministry, Kasri Nuri said. Yesterday, different outlets, citing data from the Energy Information Administration of the US …
Oil prices regain some losses amid potential Iran hitch
Iran’s oil production has been rising in recent months, likely in anticipation of a lifting of the sanctions
Iranian Oil Company applies pilot improved oil recovery project
Iranian Offshore Oil Company (IOOC) applied a pilot improved oil recovery (EOR) project that in it a nanofluid was added into an oilfield in southern Iran for the first time to increase its recovery factor, MENAFN reports. …
Iran gears up for return to oil market
Iran is preparing to ramp up global oil sales as talks to lift U.S. sanctions show signs of progress. But even if a deal is struck, the flow of additional crude into the market may be gradual. State-controlled National Iranian Oil Co. …
Afghanistan demands Iranian oil in exchange for river water
Disputes over water between Iran and Afghanistan date to the 1870s
China becomes a lifeline for Iran and wants balance in the region
While pressuring Washington to drop sanctions and renew the JCPOA, Beijing has expanded trade and military relations with Tehran and its neighbors, …
Iran and US have common interests, Zarif says
Iran and the United States have common interests, and two countries could cooperate on security issues in the Persian Gulf and oil sales, Iranian Foreign Minister Mohammad Javad Zarif said today. “We see no …
Does Iran plan to double oil output in 2021?
ran said it planned to roughly double oil production in the next year, as the country anticipates a loosening of U.S. sanctions after Joe Biden becomes president, World Oil writes in the article Iran plans to double oil output in 2021 under weaker U.S. sanctions
The most inauspicious year for a new Iran Deal
The return of Iranian oil will depress prices even further, deepening the pain for the Arab producers. This bodes ill for the chances of a U.S.-Iran deal
It’s manufacturing that’s giving Iran a lifeline, not oil
Non-oil exports exceeded the country's oil exports
Iran and Venezuela stand against U.S. together
U.S. officials say they will not tolerate systematic Iranian supplies of gasoline to Venezuela
Coronavirus or dependence on China - what is more dangerous for Iran
For Iran, commercial ties to China have assumed near-existential importance
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