TEHRAN, October 29 - A group designated by parliament’s energy commission will be dispatched to Tehran Oil Refinery to investigate reasons behind the incident occurred on Friday.
TEHRAN, October 29 - Iranian and Russian companies are mulling over cooperation for development of 10 oil and gas fields in Iran, IRNA reported on Saturday.
TEHRAN, October 28 - Foreign Ministry spokesman Bahram Qassemi on Friday expressed regret over the recent explosion incident in Indonesia which killed and wounded dozens of people.
TEHRAN, October 27 -Oil major Royal Dutch Shell Plc RDSA.L won half the blocks awarded in Brazil’s deepwater oil auction on Friday, while rival BP (BP.L) took two blocks and Exxon Mobil Corp (XOM.N) one in a historic opening of the pre-salt play to foreign operators.
TEHRAN, October 27 -Oil prices jumped about 2 percent on Friday, with global benchmark Brent crude rising above $60 per barrel, on support among the world’s top producers for extending a deal to rein in output and as the dollar retreated from three-month peaks.
TEHRAN, October 23 -Monday’s move came after Reuters reported late on Friday that Vitol, the world’s largest oil trader, was nearing a deal to buy Singapore-listed Noble’s oil liquids unit.
TEHRAN, October 22 - Iran’s Oil Minister Bijan Zanganeh said oil prices are still under influence of OPEC and US President Donald Trump’s threats against Iran have left no effect on the global oil market.
TEHRAN, October 21 - Iraq said it was increasing oil exports on Saturday from the southern Basra region by 200,000 barrels per day to make up for a shortfall from the northern Kirkuk fields.
TEHRAN, October 19 -Oil prices steadied on Thursday, holding onto most recent gains, supported by OPEC-led supply cuts, tension in the Middle East and lower U.S. production.
TEHRAN, October 17 - Oil prices clung to this month’s high on Tuesday after Iraqi forces seized the oil -rich city of Kirkuk from largely autonomous Kurdish fighters while Asian shares held firm on optimism about upcoming earnings.
TEHRAN, October 17 -The Organization of Petroleum Exporting Countries (OPEC) has a compliance rate with their output cut pledges of about 86 percent, Fatih Birol, the executive director of the International Energy Agency (IEA), said on Tuesday.
TEHRAN, October 16 -One worker is missing and at least seven are injured after an oil production platform operated by a New Orleans company exploded and caught fire in Louisiana’s Lake Pontchartrain late on Sunday, authorities said.
TEHRAN, October 15 - Market figures showed that South Korea’s imports of crude oil from Iran hit the highest level in six months in September in a fresh sign that the Islamic Republic is pushing ahead with plans to regain the market share it lost as a result of multiple-year sanctions.
TEHRAN, October 10- Crude prices could surge if the Trump administration chooses to dismantle the Iran nuclear deal on Thursday, according to RBC Capital Markets.
TEHRAN, October 9 - Iraq’s central government has launched a probe into the the hefty oil revenues of the semi-autonomous Kurdistan Regional Government (KRG)
TEHRAN, October 9 - Oil prices edged up on Monday, after a 2 percent slide on Friday, on expectations that Saudi Arabia would continue to restrain its output in order to support prices, and as the amount of rigs drilling for new oil in the United States dipped.
TEHRAN, October 7 -Iran exported 2.25 million barrels per day (bpd) of crude oil to customers in Asia and Europe in September, data released by the Ministry of Petroleum showed on Saturday.
TEHRAN, October 4 - Oil prices fell on Wednesday, pulled down by caution that a rally that lasted for most of the third quarter would not extend through the last three months of the year