Japan’s Talks to Buy Iran Oil Underway
The chairman of the Iran-Japan Joint Trade Committee says details of talks for Japan’s purchase of Iran oil have not been revealed yet but since the past, there have been some countries like Japan and South Korea which used to use Iran oil and the whole system of their refineries had been designed based on Iran’s oil.
Oil minister holds talk with GECF secretary general
Iranian Oil Minister Javad Oji, who is visiting Doha to attend the 6th Summit of the Gas Exporting Countries Forum (GECF), met with the forum’s Secretary General Mohamed Hamel on Monday.
Iran,Russia to Boost Oil Cooperation
Iran's Oil Minister Javad Owji explored ways to boost oil cooperation with his Russian counterpart Nikolai Shulginov in Moscow.
Oil Minister Expects Good News on Energy Cooperation With Russia
Oil Minister Javad Owji has predicted that there will be good news related to cooperation with Russia in the energy sector as the Islamic Republic pursues a policy of neutralizing illegal U.S. sanctions through enhancing ties with friendly countries.
President Opens First Super Heavy Oil Refinery in Qeshm
President Ebrahim Raisi officially inaugurated a first super heavy oil refinery in Iran on Friday as the country moves ahead with plans to develop its massive petroleum sector despite sanctions imposed by the United States.
China’s Imports of Iranian Oil Hit Record Since 2018
China's imports of Iranian crude oil last year hit a record high since the US imposed sanctions on the Islamic Republic in 2018 with the aim of bringing the country's oil sales down to zero, Bloomberg reports.
Oil, gas condensate output expected to rise 144,000 bpd in next Iranian year
Considering the new resource allocations for the development of the oil industry in the budget bill for the next Iranian calendar year (starts on March 21), the country’s crude oil and gas condensate production is expected to increase by 144,000 barrels per day (bpd) in the next fiscal year.
Iran oil revenues increased significantly in recent months: NIOC head
Head of National Iranian Oil Company (NIOC) Mohsen Khojasteh-Mehr has said the country’s oil revenues have increased significantly over the past few months and the country has received the payment for all its crude oil sales since the new government administration, Shana reported on Sunday.
Sri Lanka Inks $251m Tea for Oil Debt Deal With Iran
Iran and Sri Lanka and Iran on Tuesday signed a Memorandum of Understanding (MoU) to settle $251 million worth of credit outstanding with Ceylon Petroleum Corporation (CPC) with supply of tea of equivalent value.
Tehran Warns Against Acts of Piracy Targeting Its Oil at Sea
An Iranian envoy to the United Nations has issued a stern warning against acts of piracy targeting tankers carrying Iran’s oil cargos at sea, urging the international community to condemn such illegal measures that endanger freedom of navigation.