Iran Says It Can Double Oil Exports If Market Needs More Barrels
Iran has the capacity to double oil exports if there’s sufficient demand, a top official said, even as a deal on the country’s nuclear program that could pave the way Continue Reading
Stalled Iran Talks May Restart After EU Visit To Tehran
Nuclear deal talks between the West and Iran may soon be restarted after a visit by EU envoy Enrique Mora to Tehran. “The negotiations had stalled and now they have Continue Reading
From the Maldives to Venezuela: how Iran gets oil to an ally
A Venezuela-owned tanker in March sailed to a remote spot in the Indian Ocean and met an Iran-flagged vessel, took on a cargo of Iranian condensate and sailed home, according Continue Reading
Venezuela begins imports of Iranian heavy oil for refining -PDVSA documents
Venezuela has begun importing Iranian heavy crude to feed its domestic refineries, documents from the state-run oil company PDVSA showed, a deal that widens a swap agreement signed last year Continue Reading
China’s Iranian oil imports ease on poor margins, lure of Russian oil
April imports estimated at 650,000 bpd – Vortexa Q1 Iran exports average 840,000 bpd, almost all to China – Kpler Independent refiners face shrinking margins Displaced Russian Urals crude heading Continue Reading
Iran Moves Ahead With $500 Million South Pars Oil Development Deal
Iran is set to move ahead with a $500 million deal for the production, development, and enhanced oil recovery from the South Pars oilfield. The project will introduce new horizontal Continue Reading
Europe to Make Fresh Push to Revive Iran Nuclear Deal
European officials are preparing to make a fresh push to salvage a nuclear deal with Iran , offering to send a top European Union negotiator to Tehran in an effort Continue Reading
Iran Boosts Oil Exports As Its Key Buyer China Cuts Russian Purchases
Iran’s oil exports jumped by 30 percent from last year to 870,000 barrels per day (bpd) in the first quarter of 2022, The Wall Street Journal reported on Thursday, citing Continue Reading
Iran Invites Russia To Invest Its One Sanctions-Proof Energy Sector
The chief officer of Iran’s new National Petrochemicals Company invites Russia to help exploit opportunities in the sector. Iran’s petchem industry has not been targeted by international sanctions so far. Continue Reading
Iran says talks with regional rival Saudi Arabia resumed in Baghdad
Rival regional powers Iran and Saudi Arabia resumed talks in the Iraqi capital after they were suspended in March, Iran’s semi-official Nour News reported on Saturday. There was no confirmation Continue Reading
Iran Says Its Natural Gas Sector Needs $80 Billion of Investment
Iran said it needs tens of billions of dollars of investment in its natural gas sector, underscoring how it would struggle to ramp up production even if the U.S. lifts Continue Reading
In Iran, Russia’s war on Ukraine is a political flash point
During its 1979 Islamic Revolution, Iran embraced the protest cry of “neither East nor West,” rejecting both the U.S. and the Soviet Union, then locked in the Cold War. The Continue Reading
The Odds Of A Nuclear Deal With Iran Are Shrinking Every Day
The odds of a new nuclear deal with Iran are shrinking. The Iranian position on several key issues is preventing a breakthrough. Without addressing the future role of Iran in Continue Reading
Iran imposes sanctions on 24 Americans as nuclear talks stall
Iran said on Saturday it had imposed sanctions on 24 more Americans, including former Army Chief of Staff George Casey and former President Donald Trump’s attorney Rudy Giuliani, as months Continue Reading
Tehran Says Waiting on USA to Reach Nuclear Deal
Here is a snapshot of what’s happening with Iran. Here is a snapshot of what’s happening with Iran, its nuclear talks and energy markets. Latest developments Iran’s Foreign Minister Hossein Continue Reading
Iran nuclear talks at stalemate over terrorism issue
Tehran’s demand that the United States lift its designation of the Iranian Revolutionary Guard Corps as a foreign terrorist organization, and U.S. refusal so far to do that, have brought Continue Reading
Is Russia Obstructing The Iran Nuclear Deal?
Addressing the Iran nuclear deal, EU Foreign Policy Chief Josep Borrell noted “sometimes they think they’re almost there. And other days not.” That seems to be a succinct summary of Continue Reading
Iran will develop its part of gas field eyed by Saudi Arabia, Kuwait
Dorra/Arash gas field discovered in 1962 Field is partly in Neutral Zone shared by Saudis, Kuwait Iran open to talks with Kuwait, Saudis Iran is set to develop its part Continue Reading
Nuclear deal with Iran is not imminent or inevitable, US official warns
A senior US official has warned that a deal to save the nuclear accord with Iran is neither imminent nor inevitable as diplomatic efforts stall over Tehran’s demand that Washington Continue Reading
Iran says Saudi-Kuwaiti deal on Durra gas development ‘illegal’
Iran said on Saturday that a document signed between Saudi Arabia and Kuwait this week to develop the Durra gas field was “illegal” since Tehran also has a share in Continue Reading
Iran Prepares To Ramp Up Oil Production To 4 Million Bpd
Iran plans to boost its crude oil production to 4 million barrels per day in the new Persian year. OPEC sources: In February, Iran’s crude oil production was at 2.546 Continue Reading
Iran Nuclear Deal’s Final Hurdle Is Lifting Terrorism Sanctions on Revolutionary Guards
The effort to revive the 2015 nuclear deal agreement now hinges on perhaps the most politically sensitive issue in the negotiations: whether to remove the U.S. terrorism designation for Iran’s Continue Reading
The Final Obstacle To A New Iran Nuclear Deal
U.S. is “seriously considering removing the ‘Foreign Terrorist Organisation’ [FTO] designation from the IRGC. The FTO removal is seen as one of the very last obstacles in the Iran nuclear Continue Reading
Iran oil minister says aiming for 1.4 million bpd crude exports
A general view shows a unit of South Pars Gas field in Asalouyeh Seaport, north of Persian Gulf, Iran November 19, 2015. REUTERS/Raheb Homavandi/TIMA DUBAI, March 19 (Reuters) – Iranian Continue Reading
Iran ready to meet India’s energy needs, Tehran envoy tells New Delhi
Oil storage containers are seen on the shore of the Mediterranean Sea in the southern city of Ashkelon January 27, 2015. REUTERS/Amir Cohen NEW DELHI, March 18 (Reuters) – Iran Continue Reading
Iran defies Western powers with work on near weapons-grade uranium
Iran has defied Western powers by converting some of its uranium enriched to near weapons-grade into a formless easily recovered, diluted and shipped out of the country, a report by Continue Reading
Iranian missiles destroy house of prominent Kurdish oil businessman
Prime Minister of Iraq Mustafa Al-Kadhimi and Iraq’s Kurdish Region Government Prime Minister, Masrour Barzani visit damaged areas after a missile attack by Iran’s Islamic Revolutionary Guard Corps (IRGC) during Continue Reading
Iran’s gas condensate exports have tripled under new govt
Highlights Exports climbed to reduce inventories Inventories had built up under previous administration Petrochemicals industry also used some stockpiles Iran has increased its natural gas condensates exports under the new Continue Reading
Russia Softens Iran Demands, Re-Opening Way for Nuclear Deal
Russia walked back recently made demands on Washington related to the Iran nuclear deal, clearing the way for Tehran and Washington to revive the 2015 agreement, senior western diplomats said. On Tuesday, after Continue Reading
Iran will stay in nuclear talks till ‘strong deal’ is reached – top security official
Iran will stay in the Vienna nuclear talks until its demands are met and a “strong agreement” is reached, Iran’s top security official Ali Shamkhani said on Monday. Talks to Continue Reading
U.S. Won’t Negotiate Ukraine-Related Sanctions With Russia to Save Iran Nuclear Deal
The U.S. won’t negotiate exemptions to Ukraine-related sanctions on Russia to save the 2015 Iran nuclear deal and could try to strike a separate accord excluding Moscow, a senior U.S. official said, Continue Reading
Iran nuclear talks stumble as US rebuffs Russian demands
The US has ruled out offering any sanctions relief to Russia in order to clinch its support for an agreement to revive the 2015 nuclear accord with Iran, rebuffing a Continue Reading
Iran Nuclear Talks Suspended as Window Closes on Key Deal
World powers and Iran suspended their efforts to revive the 2015 nuclear accord, reigniting a crisis that’s set to impact already surging oil markets and potentially plunge the energy-exporting Persian Continue Reading
Iran nuclear talks are halted after new Russian demands related to Ukraine
Negotiations in Vienna aimed at reviving the Iran nuclear deal were called off indefinitely Tuesday after a last-minute demand by Russia upended what diplomats had hoped was the final stretch Continue Reading
Iran says unreasonable U.S. offers hurt efforts to reach nuclear deal
A child puckers her lips on a window of a bus heading to a temporary housing location, following Russian invasion of Ukraine, near the North Railway Station in Bucharest, Romania, Continue Reading
Iran nuclear deal possible soon, Russia’s contribution constructive -Iranian spokesperson
Iran believes a deal on its nuclear program can be quickly reached if Washington accepts points made by Tehran at talks in Vienna, the Foreign Ministry said on Monday, adding Continue Reading
Iran Nuclear Deal Threatened by Russian Demands Over Ukraine Sanctions
Fresh demands from Russia threatened to derail talks to restore the 2015 Iran nuclear deal, as Moscow said it wanted written guarantees that Ukraine-related sanctions won’t prevent it from trading broadly with Continue Reading
Iran says agreed roadmap with IAEA to resolve nuclear issues
Iran said on Saturday it had agreed on a roadmap with the U.N. nuclear watchdog to resolve all outstanding questions about the country’s nuclear program by late June, a move Continue Reading
Analysis: Iranian oil could take months to flow after a nuclear deal
A deal to limit Iran’s nuclear program would lead to sanctions on its oil sector being lifted but it could take several months for any more Iranian crude to flow, Continue Reading
Iran inches closer to nuclear deal
Iran’s foreign minister said on Friday he was prepared to go to Vienna “immediately” to sign a deal with the US to revive the 2015 nuclear accord, but warned he Continue Reading
UN Nuclear Watchdog: Iran Sharply Increased Its Stockpile Of Enriched Uranium
The UN’s nuclear watchdog says Iran has sharply increased its stockpile of enriched uranium amid talks to revive a 2015 agreement to curb Tehran’s atomic program. Several media outlets said Continue Reading
Iran, U.S. Close to Reviving Iranian Nuclear Deal
The U.S. and Iran on Thursday were closing in on an agreement to restore the 2015 nuclear deal, although officials from both countries warned final issues still needed to be nailed down Continue Reading
U.S., Iran Split Over Key Nuclear Issues as Deal Deadline Nears
Iranian and U.S. officials are entering a crucial week of negotiations to restore the 2015 nuclear deal, with significant differences remaining on several key issues and new concerns that Russia’s invasion of Continue Reading
Iran offering fewer crude cargoes to Chinese traders as it prepares for lifting of sanctions: sources
Traders expect Iran to do away with discounts Iranian crude around $8/b cheaper than other similar grades Iran could supply 1.75 mil b/d by August: S&P Global Iran’s state-owned National Continue Reading
China buys more Iranian oil now than it did before sanctions, data shows
China’s purchases of Iranian oil have risen to record levels in recent months, exceeding a 2017 peak when the trade was not subject to U.S. sanctions, tanker tracking data showed. Continue Reading
A waiting game in Vienna as Tehran considers a possible nuclear deal
The text of a proposed nuclear deal between Iran and world powers, distributed by the European Union to negotiators, is in limbo while the head of Iran’s delegation consults with Continue Reading
Could The Iran Nuclear Deal Bring Oil Back Down?
Russia’s invasion of Ukraine on Thursday morning sent oil prices beyond $100 for the first time since 2014 as supply fears gripped an already bullish market. In an extremely tight Continue Reading
Tightening oil market eyes Iran nuclear talks, as deal could be near
Agreement could see oil sanctions lifted in stages Some 1.5 million b/d of Iranian oil exports could return Iran’s crudes compete with many OPEC+ grades Iranian nuclear deal negotiators appear Continue Reading
U.S. Nears Return to Iran Nuclear Deal
Iran, the U.S. and other world powers are nearing a deal to revive the 2015 nuclear accord, although negotiators are still wrangling over significant final demands from Tehran, including the Continue Reading
Iran Rises Above Russia On The Oil Market Radar
Iran has risen above Russia on the oil market radar due to reports from multiple sources that a new nuclear deal is very close to being agreed upon. Rumors that Continue Reading