Iranian Oil

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Japan halts imports of oil from Iran

Japan halts imports of oil from Iran

Japanese oil companies are preparing for a complete cessation of oil imports from Iran, Japan's leading business newspaper Nikkei reported. According to the newspaper, oil supplies from Iran should be completely stopped by October. …

Velayati: Iran to cope with US oil exports ban

Velayati: Iran to cope with US oil exports ban

Supreme Leader Ayatollah Ali Khamenei's top adviser on international affairs, Ali Akbar Velayati, said that Iran will cope with the problems that will arise after the United States ban of Iranian oil …

Russia ready to boost investment in Iran’s oil sector

Russia ready to boost investment in Iran’s oil sector

Oil cooperation between and Russia can be boosted to some $50 billion and Moscow has expressed readiness to make this investment, Iranian Leader's senior adviser Ali Akbar Velayati said Referring to his meeting with …

Iran’s oil revenue hits record in 3 months

Iran’s oil revenue hits record in 3 months

Iran’s oil exports hit a record high in the first three months of the current Iranian fiscal year (started March 21) ahead of re-imposition of new US sanctions on the country’s oil sales, Iran's government spokesman said. …

Iran eyes private oil exports to help beat U.S. sanctions

Iran eyes private oil exports to help beat U.S. sanctions

Iran will allow private companies to export crude oil, part of a strategy to counter U.S. sanctions, and is urging fellow OPEC members, including regional rival Saudi Arabia, not to break output agreements, state media and officials said on …

Iran in face of new challenges

Iran in face of new challenges

The Iranian rial plunged to a record low against the US dollar after the US withdrawal from the nuclear deal

Iran seeks OPEC support against US sanctions

Iran seeks OPEC support against US sanctions

Iranian Oil Minister Bijan Zanganeh has asked OPEC president, United Arab Emirates Energy Minister Suhail al-Mazrouei to support it against new U.S. sanctions. “I would like to seek OPEC’s …

Azerbaijan and Iran to unite efforts in Caspian

Azerbaijan and Iran to unite efforts in Caspian

The creation of the Iran-Azerbaijan joint oil company will be beneficial for both parties and will allow to resolve the issue with the disputed  Araz-Alov-Sharg oil field, however, the project implementation is a distant possibility so far, …