Tag: Iran oil

Iran Supports Measures Aimed at Stabilizing Oil Market: Rouhani

Iran’s President Hassan Rouhani says the Islamic Republic supports any measures aimed at restoring stability to global oil markets.

Iran’s oil exports hit pre-sanctions high

Reports say Iran has already been able to increase its oil exports to levels that existed before sanctions were imposed on the country in 2011. 

Saudis Recognize Iran’s Exemption from Oil Freeze

OPEC member states have achieved an agreement to control production cap, a decision which immediately impacted the markets with oil prices improving.

Iran Now Has the Edge in Fight over Oil Prices with Saudi Arabia: Report

In an article, Bloomberg has discussed the recent developments in the oil market, particularly the rivalry between Iran and Saudi Arabia.

Iranian Parliament Endorses New Oil Contract Model

Iran’s parliament has reportedly given the go-ahead to the government to put a new oil contract model into effect.

Iran Supports Measures Aimed at Stabilizing Oil Market: Minister

Iran says it would support any move to stabilize global oil market, but the prices should be set reasonably.

Producing Oil and Gas out of Algae in 20 Minutes

Iranian researchers invented a device that turns algae into petroleum in just 20 minutes.

Iraq Mulls Selling Oil through Iran: Report

The Iraqi government says it may consider shipping crude through Iran if talks with the local Kurdish administration on oil revenue sharing fall apart.

Iran Breaks Records by Exporting 7m Barrels of Oil in One Day

An Iranian oil official says the country has broken many records in oil and gas exports after the implementation of nuclear deal between Tehran and world powers, one of which is the export of 7 million barrels of crude oil in just one day.
Mohammad-Reza Nematzadeh

Iran Self-Sufficient in Gas Industry: Minister

Minister of Industries, Mines and Trade Mohammad-Reza Nematzadeh said on Monday, August 1, that the Iranian gas industry is now fully indigenous as the majority of its equipment is made inside the country.

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