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The latest news and views about the Iranian oil industry

Iran sets its sights on joint oil fields

The Iranian government has devised special plans for the joint oil fields, trying to raise the country’s crude output in four years.

With oil prices in free fall, an OPEC extraordinary meeting is...

Consensus among all members will determine whether or not an extraordinary meeting of OPEC should be held in case global oil prices continue to drop, said the Iranian oil chief.

Iran’s economy is in for a big shock: Economist

An Iranian economist says a recent drop in oil prices will probably take a toll on Iran’s economy, complicating government efforts to draft a spending package.

Iran’s oil industry needs $200 b. in investment: Minister

The Iranian oil minister says countries that hold talks with Iran before the lifting of sanctions will have an edge over others that wait until after the sanctions are removed.

Iran Self-Sufficient in Diesel Fuel

Iran's Oil Minister says the country has become self-sufficient in the production of diesel fuel.

32 countries attending Iran Oil Show 2014

Some 32 world countries will be attending Iranˈs 19th International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2014) to be held in Tehran on May 6-9.

India oil imports from Iran rise 43% in Q1 2014

India has significantly increased its oil purchases from Iran following the implementation of an interim nuclear deal between Iran and six world powers, a report says.

South Korea doubles Iran oil imports

South Korea doubled its import of Iranian oil during the month of February.

Oil Minister: Iran Planning to Inaugurate Several Gas Projects in South...

Iranian Oil Minister said on Sunday that the ministry plans to boost the country's gas production before winter through completion of several projects in various phases of the South Pars gas field.