TEHRAN, Feb 13 - The CEO of the National Iranian Oil Company (NIOC) said the talks with the Indian side on the development of Farzad B gas field in the Persian Gulf waters are in progress.
TEHRAN, Feb 06 -Oil prices fell on Thursday after U.S. crude inventories rose and as production levels in the country held at record levels, but OPEC-led supply cuts and Washington’s sanctions against Venezuela supported markets.
TEHRAN, Feb 06 - Asian customers of Iranian oil are steady in taking supplies from the country but the Europeans refuse to buy any, despite having received exemptions from US sanctions.
TEHRAN, Feb 06 -Oil fell 1 percent on Wednesday after a report showed a rise in U.S. crude inventories, while concerns about the impact of U.S. sanctions on Venezuela on global supplies eased.
TEHRAN, Feb 04 -Oil hit a two-month high above $63 a barrel on Monday as OPEC-led supply cuts and U.S. sanctions against Venezuela’s petroleum industry offset forecasts of weaker demand and an economic slowdown.
TEHRAN, Feb 02 -Crude oil prices were nearly flat Thursday morning in what was seen as a pause after gains in the two previous sessions, while traders weighed the impact of possible geopolitical-related supply and demand issues.
TEHRAN, Feb 02 -BP on Friday announced it plans to increase disclosure on its efforts to fight climate change after requests from two groups of investors.
TEHRAN, Jan 29 -Iran and Syria on Monday signed 11 agreements, including a “long-term strategic economic cooperation” deal, in a sign of changing winds in the Middle East which is shaping up to the unpredicted results of an atrocious war.
TEHRAN, Jan 29 -Abu Dhabi National Oil Co. sold a 20 percent stake in its refinery operations to Italy's ENI and another 15 percent stake to Austria-based OMV, and separately inked an accord to form a new trading joint venture with the two partners.
TEHRAN, Jan 28 -Oil fell nearly 2 percent on Monday after U.S. companies added rigs for the first time this year, a signal that crude output may rise further, but the price is still on course for its strongest January gain for 14 years.
TEHRAN, Jan 23 -President Hassan Rouhani says Iran, as a country rich in oil and gas resources, cannot be excluded from the global energy market despite US attempts to cut the country’s oil exports.
TEHRAN, Jan 23 - There are several approaches available for Iran to sell its oil despite the US sanctions, President Hassan Rouhani said, stressing that Tehran proudly circumvents the embargoes.
TEHRAN, Jan 23 - Iran has discovered a new oil field containing unspecified reserves of “very light and sweet” crude in the southwestern Khuzestan province, Minister of Petroleum Bijan Zangeneh said on Wednesday.
TEHRAN, Jan 22 -Oil prices edged up on Monday, reversing earlier losses, as investors shrugged off data that confirmed China’s economic growth is cooling and instead latched on to positive supply-side drivers for the market.
TEHRAN, Jan 21 - "After China, India and Turkey, Japan also started importing oil from Iran," Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said.
TEHRAN, Jan 13 -Saudi Arabia plans to set up a $10 billion oil refinery in Pakistan’s deepwater port of Gwadar, the Saudi energy minister said on Saturday, speaking at the Indian Ocean port that is being developed with the help of China.
TEHRAN, Jan 12 - An overturned oil tanker exploded in Nigeria while dozens of people were scooping up the leaking fuel and many were killed, police and witnesses said Saturday.
TEHRAN, Jan 9 - Indian refiners have begun clearing their oil debt to Iran under a new payment mechanism which they put in place after the US reimposed sanctions on the Islamic Republic.
TEHRAN, Jan 9 - Turkey has resumed imports of Iranian crude oil after a one-month hiatus in November when US sanctions on Iran were reimposed, trading and shipping sources said.
TEHRAN, Jan 8 - At least one person was killed after an oil tanker caught fire due to a blast off the coast of Lamma Island in China’s Hong Kong Tuesday, with a rescue operation for 21 other crewmen underway, the South China Morning Post newspaper reported, citing police.