Thursday, March 28, 2024

Energy

Boosting oil exports top priority for Iranian Oil Ministry: Zanganeh

The Iranian oil minister has said that the Islamic Republic plans to raise its oil exports after the implementation of the historic deal Iran and P5+1 clinched on July 14.

Iran has no plan to offer discounts on gas exports to Turkey

The NIGC chief has said that the result of The Hague arbitration will be out later this year and Turkey’s gas complaint will not affect Iran’s natural gas exports to Turkey.

Is $50 per barrel oil in the offing?

An increase in OPEC output, a hike in the number of American oil rigs and Iran's likely production increase contribute to the decline in oil prices.

Iran vows to double oil exports after sanctions lifted

Iran’s deputy oil minister says oil exports will reach 2.3 million barrels, compared with around 1.2 million barrels a day today.

Report: Turkey in talks to buy Iran fuel oil

Turkey is discussing imports of fuel oil from Iran which is running a surplus of the product amid a decline in domestic consumption, local media said on Thursday.

Iran buys ‘most advanced’ oil vessel

An Iranian energy official has said as many as 30 European and Asian companies have held talks with Iran in recent months to invest in the country’s oil and gas projects.

Iranian official rejects reports on energy talks with US companies

Hosseini said Iran has already held negotiations with major European energy giants.

Iran’s return to oil market gradual: Zanganeh

Zanganeh said oil market stability through balanced supply and demand will remain a priority for OPEC under all circumstances.

Pakistan is counting the cost of its blind obedience to the US

The US has warned energy-poor Pakistan against implementing a gas pipeline project with Iran to counter the growing presence of China in the Muslim country.

Asia refiners renew Iran crude purchase deal

Chinese, Indian, South Korean, Japanese and Turkish refiners have all extended their oil purchase contracts with Iran, said Ghamsari.

Iran cites key oil technology success

Iran’s Oil Ministry has said its experts have been able to build a gas microbubble generator which facilitates drillings into oil wells.

Berlin after energy deals with Tehran: Official

The German foreign ministry spokesman has said a final nuclear deal between Iran and P5+1would help set the stage for energy cooperation between Tehran and Berlin.

Italy’s giant energy company ‘Eni’ eyes role in Iran

Officials from Eni conducted negotiations with the Iranian oil minister a few days ago on development of Iran’s joint fields, said Abdolreza Haji Hosseininejad.

Iran breaks US monopoly in production of industrial lubricant

Iran has broken the US monopoly in production of an industrial lubricant, which is a strategic oil product, says an oil expert.

Iran seeking to increase oil exports to pre-sanctions level: Minister

It is expected that the OPEC members provide space for an increase of Iran's oil production in the global markets, said Zanganeh.

Total says interested in Iran comeback

Iran has the world's second largest gas reserves after Russia, and we will consider returning to this country once sanctions are lifted, said the CEO of French energy giant Total

Asia oil buyers set to enhance Iran imports

If sanctions are removed, there’s a big chance that demand for Iranian oil will recover in Asian nations like South Korea, China and Japan, according to analysts.

Energy cooperation with China ‘strategic’: Zanganeh

Countries which cooperated with Iran under sanctions will be given priority in post-sanctions era, said the oil minister.

Iran says it will start exporting electricity to UAE soon

Iran will soon start exports of electricity to the United Arab Emirates through a subsea power line.

Iran’s light crude price rises by $9

The government envisages different scenarios with regard to oil prices and prepares itself for any rate, said the economy minister.

Russia, Iran sign new agreement on Bushehr power plant

The two sides came to the agreement that Roseenergoatom, a subsidiary of Rosatom, will take part in building new power stations in Bushehr.

Iran to provide Iraq’s Kurdistan Region with gas, gasoline

Iran has signed a memorandum of understanding with Iraq’s Kurdistan to export gas and gasoline to the semi-autonomous region.

14 consortia ready to finance Iran-Iraq gas pipeline: Official

An Iranian energy official has said that 14 domestic consortia have voiced readiness to finance the construction of a pipeline that will transport Iran’s natural gas to Iraq.

Anti-Iran sanctions will be removed

The Iranian oil chief has said that the government and its nuclear negotiators have always been under the auspices of the Supreme Leader whose “expediencies and guidance” will help rid the country of sanctions.

Gas-sweetening solvents indigenized by Iranian researchers

Scientists at the Research Institute of Petroleum Industry in cooperation with the National Iranian Gas Company have indigenized solvents used in gas-sweetening units of refineries.

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