Saudi Arabia, Iraq Prepared To Reverse Oil Production Cuts
Saudi Arabia is ready to start pumping more oil if the United States indeed ends the sanction waivers they granted eight Iranian oil importers last
Saudi Arabia is ready to start pumping more oil if the United States indeed ends the sanction waivers they granted eight Iranian oil importers last
India’s oil imports from Iran increased by some 5 percent between March 2018 and March 2019 compared to the previous fiscal year through March 2018, because Indian
Two South Korean refiners have bought an unspecified amount of U.S. superlight to test it as a potential replacement for Iranian condensate, Reuters reports, citing sources.
Unable to secure a waiver extension from Washington to continue buying Iranian oil, Japanese refineries are putting the brakes on further imports in order to
US sanctions on Iran’s oil sector and the waivers of said sanctions are causing rifts among the US administration—pitting the National Security Council and the
Five U.S. Democratic presidential hopefuls would re-join—if elected president—the Iranian nuclear deal, from which U.S. President Donald Trump withdrew last year imposing sanctions on Iran’s
Iran is smuggling crude oil in violation of the U.S. sanctions and this needs to stop, Israel’s Prime Minister Benjamin Netanyahu said, urging the international
Iraq’s semi-autonomous region of Kurdistan continues to keep oil exports and economic relations with Iran despite the U.S. sanctions on Tehran, a spokesperson for the Kurdistan Regional
Japanese refiners are in a rush to buy as much Iranian crude as they can before the sanction waiver window granted by the U.S. Treasury
Iranian crude oil exports in January were higher than expected, while February shipments so far have been holding steady or even higher compared to last
Iran has launched the third phase of a new refinery, making the country self-sufficient in gasoline production, Iranian Oil Minister Bijan Zangeneh said on Monday.
Subsidiaries of the National Iranian Oil Company (NIOC) signed on Tuesday agreements with Iran-based companies aimed at maintaining and increasing the production capacity of nine
Iran is closer to achieving self-sufficiency in gasoline by raising its national production capacity to more than 100 million liters daily, Iranian media report. The increase
Iran’s oil sales to the four major crude buyers in Asia plunged in November to the lowest level in more than five years, as Indian
A court in Paris fined on Friday France’s oil and gas major Total with US$572,330 (500,000 euro) for having bribed public officials in 1997 in exchange for
Crude oil exports from Iran to Asian countries—its biggest clients—sank to an average daily of 762,000 bpd, official customs data and shipping data reported by Reuters revealed.
Iran and China have found a way for China to continue buying Iranian crude and pay for it without risking a U.S. sanction breach, an
Iran halted late on Tuesday gas exports to neighboring Iraq for several days, in order to repair pipeline damages caused by an earthquake near the
Iran’s largest oil customer China is set to continue importing robust volumes of Iranian crude at least through the end of this year thanks to
Even if some Japanese refiners resume Iranian oil purchases thanks to the U.S. waiver, refiners have just a small window to clear all related transactions,
The United States government is preparing more sanctions against Iran, national security adviser John Bolton told Fox Business News, commenting on what the current sanctions
The prospects of Indian refiners cutting their intake of Iranian crude oil to zero are unrealistic, the chairman of Indian Oil Corp. told S&P Global
Although the European Union (EU) has vowed to create a special purpose vehicle to continue trade with Iran after the U.S. sanctions on Tehran’s oil
Europe’s economy could suffer from the refusal of European companies to work with Iran under pressure from the U.S. sanctions on Tehran, Rosneft Oil Company’s
China’s largest refiners, state-held Sinopec and China National Petroleum Corporation (CNPC), haven’t booked any crude oil cargoes from Iran for November due to fears that