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The U.S. has agreed to let eight countries -- including Japan, India and South Korea -- keep buying Iranian oil after it reimposes sanctions on the OPEC producer on Nov. 5, a senior administration official said.
News ID: 2490    Publish Date : 2018/11/04

Russian Energy Minister Alexander Novak said on Saturday there was no reason for Russia to freeze or cut its oil production levels, noting that there were risks that global oil markets could be facing a deficit.
News ID: 2468    Publish Date : 2018/10/29

Light crude supply from Venezuela is driving up throughput at Cuba´s main oil refinery, at no cost to Havana.
News ID: 2464    Publish Date : 2018/10/28

Chief Executive Officer of Russia's largest oil producer Rosneft underlined that any decision by European companies to cut their relations with Iran under the US pressure could end up hurting European economy.
News ID: 2456    Publish Date : 2018/10/26

India hasn’t worked out yet a payment system for continued purchases of crude oil from Iran, Subhash Chandra Garg, economic affairs secretary at India’s finance ministry, said.
News ID: 2442    Publish Date : 2018/10/15

EU and Iran have agreed to continue trade after the US withdrawal from the nuclear deal.
News ID: 2440    Publish Date : 2018/10/14

UAE has begun to increase oil production in the third quarter and expects further increases through this month and November in line with market requirements, according to a tweet by UAE Energy Minister Suhail Al Mazroui.
News ID: 2436    Publish Date : 2018/10/14

India imported 528,000 bpd of Iranian oil in September, up by 1% from August, due to delays of some August cargos until Indian refiners received the government nod to import Iran’s oil on Iranian tankers with Iranian insurance.
News ID: 2428    Publish Date : 2018/10/13

Energy companies are betting demand for natural gas will rise at break-neck pace for decades, undermining warnings that tackling climate change would require a rapid switch to renewable energy.
News ID: 2414    Publish Date : 2018/10/12

Oil prices slipped on Wednesday after the IMF lowered its global growth forecasts, but markets were supported as Hurricane Michael moved toward Florida causing the shutdown of nearly 40% of US Gulf of Mexico crude production.
News ID: 2413    Publish Date : 2018/10/12

The US Energy Information Administration on Wednesday boosted its Brent and WTI crude oil price forecasts on uncertainty over the impact of the looming re-imposition of US sanctions on Iranian crude exports.
News ID: 2411    Publish Date : 2018/10/10

Avessel carrying 2 million barrels of Iranian oil discharged the crude into a bonded storage tank at the port of Dalian in northeast China on Monday, according to Refinitiv Eikon data and a shipping agent with knowledge of the matter.
News ID: 2403    Publish Date : 2018/10/10

Oil Minister Bijan Zanganeh on Monday dismissed claims by Saudi Crown Prince Mohammed bin Salman that the kingdom is prepared to make up for any oil market shortfall caused by US sanctions on Iran.
News ID: 2397    Publish Date : 2018/10/09

Limiting global warming to 1.5 degrees Celsius above pre-industrial levels requires a cut of 73-97% in the use of coal for primary energy by 2050, the United Nations Intergovernmental Panel on Climate Change said in a special report Monday.
News ID: 2382    Publish Date : 2018/10/08

Brazilians will go to the polls to elect a new president Sunday, but the lack of a clear frontrunner means an uncertain future that has dampened much of the optimism in the country's oil and natural gas industry since mid-2016.
News ID: 2372    Publish Date : 2018/10/05

A former deputy governor of the Central Bank of Iran said the country holds such a large supply of foreign exchange reserves that it could take care of economic issues for at least three years even without any oil revenues.
News ID: 2368    Publish Date : 2018/10/05

India is committed to buying Iranian oil and continuing the bilateral economic cooperation, the foreign minister said Thursday after a meeting with his Indian counterpart and ahead of US sanctions aimed at halting Tehran’s oil exports.
News ID: 2294    Publish Date : 2018/09/29

Iran's OPEC Governor Hossein Kazempour Ardebili said not much is left of OPEC's international credibility as an organization thanks to the measures taken by such members as Saudi Arabia and the UAE against other founding members like Iran.
News ID: 2218    Publish Date : 2018/09/21

Members of parliament on Saturday approved a measure determining the share of the National Development Fund of Iran from all oil and gas export revenues in their latest open session on Saturday to decide on the articles of the fiscal 2018-19 budget law.
News ID: 1950    Publish Date : 2018/02/18

Iran's crude production inched up in December as the country maintained output close to levels it has agreed to under a global supply cut deal, OPEC's data showed on Thursday.
News ID: 1819    Publish Date : 2018/01/20

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