Iran oil

The latest news and views about the Iranian oil industry

IFP Exclusive

UK Signs First Int’l Oil Deal with Iran after US Withdrawal from JCPOA

IFP Editorial Staff -
The British consortium Pergas has signed the first international oil contract with Iran after US President Donald Trump unilaterally withdrew the US from the Iran nuclear deal.
Media Wire

Chinese Firm May Replace Total If It Exits Iran

IFP Media Wire -
Iranian Oil Minister Bijan Zanganeh says if French energy giant Total decides to exit the Iran South Pars 11 (SP11) gas field development, a Chinese company is ready to replace it.
IFP Exclusive

Iran Cannot Be Ignored on Global Oil Market: Minister

IFP Editorial Staff -
Iran’s oil minister says the Islamic Republic is a country which cannot be ignored on the global energy market.
IFP Exclusive

Street in Tehran Finally Named after Eminent PM Mosaddeq

IFP Editorial Staff -
After long debates over the naming of an important part of Tehran after Iran’s most famous prime minister, the City Council finally changed Tehran’s Naft (oil) street to Mohammad Mosaddeq, the man who nationalized Iran’s oil industry.
IFP Exclusive

Dakar, Tehran Discuss Mutual Cooperation in Gas, Oil

IFP Editorial Staff -
Iranian Foreign Minister Mohammad Javad Zarif and his Senegalese counterpart Sidiki Kaba have conferred on expansion of bilateral ties in various fields, particularly oil and gas cooperation.
IFP Exclusive

Iran to Overtake Saudi Arabia on Petrochemical Market

IFP Editorial Staff -
Iran is counting down to overtake its arch-rival Saudi Arabia when it comes to the production and sale of petrochemical products.
Media Wire

Iran to Ink Three Oil Deals This Month

IFP Media Wire -
Iran will sign three oil deals before the end of the current Persian year this month which will include operation of the fields for 20 years, Managing Director of the National Iranian Oil Company (NIOC) said on Saturday.
Media Wire

Oil Swap Deal between Iran, Iraq Delayed over Safety Issues

IFP Media Wire -
An oil swap plan between Iran and Iraq is facing delays due to safety problems, secretary of the Iran-Iraq Chamber of Commerce says.
IFP Exclusive

“Iran to Export 3m Barrels of Oil to Russia Monthly”

IFP Editorial Staff -
Iran's oil minister has spoken of the Islamic Republic’s contract with Russia to export 3 million barrels of crude oil to that country.
IFP Exclusive

Two More Bodies Recovered from Burning Iranian Oil Tanker

Fatemeh Askarieh -
Chinese rescuers have recovered the bodies of two crew members on an Iranian oil tanker that has been burning since it collided with a freighter last week in the East China Sea.
IFP Exclusive

China Accused of Negligence in Saving Iranian Sailors

IFP Editorial Staff -
Iranian maritime officials have slammed the Chinese for not doing enough to save the Iranian crew on board an oil tanker which caught fire after colliding with a cargo ship.
Media Wire

Rescue Efforts Hindered as Iranian Oil Tanker Giving Off Poisonous Gases

IFP Media Wire -
An Iranian oil tanker, which caught fire after colliding with a bulk freighter off China's east coast, is giving off poisonous gases, hindering rescue work there, the managing director of the National Iranian Tanker Company (NITC) said.
IFP Coverage

30 Iranians Missing after Ship Collision Off China

IFP Editorial Staff -
32 people including 30 Iranians and 2 Bangladeshi crew have gone missing after an Iranian oil tanker collided with a bulk freighter and caught fire off China's eastern coast.
IFP Exclusive

OPEC to Renew Oil Freeze Pact: Iranian MP

IFP Editorial Staff -
An Iranian lawmaker says the member states of Organization of Petroleum Exporting Countries have decided to renew a deal to freeze their oil output with the aim of keeping their production at the current level.
IFP Exclusive

Iran Says Trump’s Oil Embargo Violates Nuclear Deal

IFP Editorial Staff -
A senior Iranian lawmaker says US President Donald Trump’s recent remarks about an embargo against Iran’s crude oil lack legal credibility and violate the nuclear deal between Tehran and world powers.
IFP Exclusive

US Pressuring Iran’s Oil Customers

IFP Editorial Staff -
The US keeps pressuring the customers of Iran’s oil to prevent them from purchasing petroleum from the Islamic Republic.
IFP Exclusive

“Iran’s Oil Ministry Showing Tolerance towards France’s Total”

IFP Editorial Staff -
An Iranian lawmaker says the Oil Ministry is showing tolerance vis-à-vis the French oil giant Total given the firm’s indicating that it might rethink its agreement with the ministry.
IFP Exclusive

Singapore to Conduct Field Studies on Iranian Oilfield

IFP Editorial Staff -
Singapore's Berlanga have signed a Memorandum of Understanding (MoU) with the National Iranian Oil Company (NIOC) to conduct field studies on development of Iran's Dalpari Oilfield.
IFP Exclusive

Japan Increases Energy Imports from Iran by 94%

IFP Editorial Staff -
Japan used to be a major customer of Iran’s energy market but the country drastically reduced its energy imports during the years that Tehran was under international sanctions. However, with the removal of the sanctions, Japan has once again joined the main importers of Iran’s energy.
IFP Exclusive

Iran, Russia to Boost Cooperation in Developing Oil, Gas Fields

IFP Editorial Staff -
A senior Iranian oil and gas official say Russia is in talks with the Islamic Republic for development of 10 oil and gas fields in Iran.
IFP Exclusive

Iran’s President Calls for Enhanced Ties with Uzbekistan

IFP Editorial Staff -
Iranian president has highlighted the huge capacities for expansion of Tehran-Tashkent relations, saying the two states should cement their age-old ties in all fields.
IFP Exclusive

US Firms Can Do Business with Iran If Trump Allows Them to: Minister

IFP Editorial Staff -
Iranian petroleum minister says the Islamic Republic’s doors are open to American firms if President Donald Trump allows them to do business with Iran.
IFP Exclusive

Iran Turns Oil-Polluted Lands into Green Belts

IFP Editorial Staff -
Iranian experts have managed to eliminate oil pollution from groundwater in Asaluyeh region in southern Iran by using local microbes, an official said.
IFP Exclusive

Iran to Build Oil Refinery in Syria: Official

IFP Editorial Staff -
An Iranian official says the Islamic Republic plans to construct an oil refinery in Syria as part of Tehran-Damascus cooperation for rebuilding the war-torn Arab state.
IFP Exclusive

Iran Calls for Foreign Investment in Oil Extraction from Caspian Sea

IFP Editorial Staff -
Iran’s petroleum minister has called on well-known foreign energy firms to make investment in projects to explore and extract oil resources in Caspian Sea, north of Iran.
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