Signs of friction are again plaguing Donald Trump’s White House at a pivotal moment for his policy agenda. Secretary of State Rex Tillerson’s team spent yesterday disputing a report he Continue Reading
Iranian Oil Minister Bijan Zanganeh said on Wednesday that OPEC members had fulfilled their obligations under a global oil output cut deal by slightly over 100 percent in September, the Continue Reading
Iran’s Oil Minister Bijan Zanganeh talks to journalists during a meeting of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria, November 30, 2016. REUTERS/Heinz-Peter Bader MOSCOW (Reuters) Continue Reading
Kurdish leaders affiliated with the Patriotic Union of Kurdistan (PUK) party deployed reinforcements to the Iranian border Monday, as tensions increased over fears that federal Iraqi troops would take the Continue Reading
Turkish Prime Minister Binali Yildirim said on September 28 that he wants to hold a summit with Iranian and Iraqi leaders to coordinate their response to the Kurdish vote for Continue Reading
If the US reimposes sanctions on Iran’s oil sector without the support of Europe, China and Russia, it will see grudging and uneven compliance by international energy companies and will Continue Reading
Iran’s foreign minister has said he expects US President Donald Trump will not uphold a historic nuclear agreement next month, and called on Europeans to step in to protect the deal. Continue Reading
The U.S. president needs to recertify the agreement every three months, with the latest deadline coming up on October 15. There’s speculation that this time around, President Trump won’t issue Continue Reading
As RBC’s head of commodity strategy in New York, Ms. Croft is closely monitoring the mounting tensions to determine what they could mean for the Iranian nuclear agreement, and, thus, Continue Reading
US President Donald Trump appears to be ready to declare Iran in non-compliance with the 2015 nuclear deal, according to Washington-based sanctions experts, but such a decision alone would not Continue Reading
UNITED NATIONS (Reuters) – Iran vowed on Wednesday not to be the first nation to violate the Iran nuclear deal and said it did not expect the United States to Continue Reading
Iran will not be bullied by the United States and will react strongly to any “wrong move” by Washington on Tehran’s nuclear deal, Supreme Leader Ayatollah Ali Khamenei said on Continue Reading
Speaking alongside his Venezuelan counterpart, Iran’s oil minister said there was a general readiness for multilateral efforts geared toward market stability. A measure implemented by the Organization of Petroleum Exporting Continue Reading
Iran’s Revolutionary Guards Corps is being forced to shrink its sprawling business empire and some of its senior members have been arrested as part of President Hassan Rouhani’s attempts to Continue Reading
Iranian and Syrian media have reported the signing, by officials from the two countries, of several agreements that would allow Iran to improve the production and distribution of electricity in Continue Reading
Since many of the Western sanctions on Iran were lifted early last year, Tehran has been trying to restore its crude oil exports to a pre-sanction level and attract foreign Continue Reading
OPEC looks forward to a durable and constructive relationship with member state Iran, its secretary general told the country’s reappointed oil minister, Bijan Zanganeh. The Iranian parliament during the weekend Continue Reading
Attracting foreign investment for Iran’s oil sector will continue to be a top priority during President Hassan Rouhani’s second term, Iranian Oil Minister Bijan Zanganeh said on Sunday. “Attracting foreign Continue Reading
Iran is ready to swap 500,000 bpd of oil with its fellow Caspian Sea countries, Iranian Fars news agency reported on Friday, quoting a senior official. According to Hamid Hosseini, Continue Reading
With foreign energy companies signing early deals with Iran, the country’s president said banking channels to the world could be opening up. Last month, a consortium of French energy company Continue Reading
Iran could abandon its nuclear deal with world powers “within hours”, if the United States continues to impose new sanctions, Iranian President Hassan Rouhani said on Tuesday. “If America wants Continue Reading
Jack Thompson and Oliver Thränert argue that President Trump´s administration is laying the groundwork for the U.S. to withdraw from the Iran nuclear deal. However, they suggest that if the Continue Reading
Last month, the U.S. government certified Iran’s compliance to the terms of the 2015 nuclear deal – a required approval mechanism that dictates the life or death of the deal, Continue Reading
President Hassan Rouhani, endorsed by Iran ’s supreme leader on Thursday with a nationally televised cheek-kiss, is starting his second term under newly intense pressure from both hard-line opponents and Continue Reading
National Iranian Gas Co. said a natural gas pipeline able to lower reliance on former supplier Turkmenistan has been inaugurated in northern Iran. Oil Minister Bijan Namdar Zanganeh opened a 160-km, Continue Reading
Iran is becoming less dependent on its neighbors for natural gas with the launch of a pipeline to the northern provinces, the government said. Iranian Energy Minister Bijan Zangeneh was Continue Reading
The autonomous Iraqi region of Kurdistan has not been informed of plans by the central government that Iraq and Iran agreed to study the potential construction of a pipeline that Continue Reading
After voicing opposition to the KRG’s independence referendum, Iran contemplates a deal that could shift the balance of power in Iraq’s disputes over territory and oil. Iraqi Oil Minister Jabbar Continue Reading
Iran and Iraq are moving closer to building a pipeline that would export crude oil from the northern Iraqi fields of Kirkuk via Iran, Iranian Oil Minister Bijan Zanganeh said Continue Reading
Russia and Iranian agreement involves the potential to tap into Iranian oil fields. The signing of the deal comes as both countries face tighter sanctions pressure from U.S. lawmakers. Image Continue Reading
President Trump, frustrated that his national security aides have not given him any options on how the United States can leave the Iran nuclear deal, has instructed them to find Continue Reading
Iran decided on Friday for the second time since January not to upset its nuclear pact with six world powers, two informed sources said, despite public statements by Tehran accusing Continue Reading
The on-going diplomatic feud in the Persian Gulf pitting Qatar against a coalition of Arab states led by Saudi Arabia has already disrupted regional affairs to a significant extent: economic Continue Reading
WASHINGTON (Reuters) – The Trump administration on Tuesday unveiled new economic sanctions against Iran over its ballistic missile program and for contributing to regional tensions, one day after warning Tehran Continue Reading
Iran is on track to reach a major national milestone this year, if the nation’s oil spokesmen are to be believed. On Wednesday deputy oil minister Amir Hossein Zamaninia predicted Continue Reading
Iranian Foreign Minister Mohammad Javad Zarif greets U.N. Secretary General António Guterres at the U.N. headquarters in New York on Monday. (Lucas Jackson/Reuters) The Trump administration certified to Congress late Continue Reading
The Iranian government said it wants to secure 10 new oil and gas deals by the end of the calendar year, which for Iran ends in March. File photo by Continue Reading
The National Iranian Oil Company (NIOC) signed on Monday a memorandum of understanding with a consortium that includes Japan’s engineering group Toyo to revamp the facilities and upgrade gas production Continue Reading
Iranian President Hassan Rouhani speaks at a conference in Tehran on July 3. The Trump administration plans to certify that Iran is in compliance with the nuclear agreement. (Vahid Salemi/AP) Continue Reading
Iran’s ambitious agenda for its oil-and-gas industry is running up against the caution of big energy companies. At a major energy conference here, Iranian officials said French oil giant Total Continue Reading
Iran’s oil output will rise to around 4 million barrels per day by the end of the year, an Iranian oil official said on Wednesday as the OPEC member tries Continue Reading
FILE PHOTO – A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Persian Gulf, Iran, July 25, 2005. Continue Reading
Ships chartered by two oil traders responsible for a significant share of Iran’s fuel exports last year failed to transmit their location and the origin of their cargo—red flags for Continue Reading
Invitations have been sent out to verified companies to take part in the development of the inland Azadegan oil field, Iran’s oil minister said Wednesday. Iran shares borders with Iraq Continue Reading
The logo of French oil company Total is seen at a Total gas station in Paris, France, April 19, 2016. France’s Total signed a deal with Tehran on Monday to Continue Reading
After Baghdad obtained a Canadian warrant to seize a tanker of Kurdistan exports, the Neverland has sailed back into the Atlantic Ocean. A tanker loads Kirkuk crude at the Turkish Continue Reading
Total CEO to be in Tehran Monday for agreement: oil ministry Deal is to develop Iran’s share of world’s biggest gas field Iran plans Monday to sign a formal contract Continue Reading
Power plants in Diyala and Baghdad are running tests on newly flowing Iranian gas, but security problems and payment terms remain unresolved. The Mansuriya power plant in Diyala province, near Continue Reading
Despite having a more diversified economy than its Gulf neighbours, oil and gas revenues only account for 11 percent of Iran’s GDP. Its oil & gas sectors are strategic not Continue Reading
The Kharg oil terminal in Iran has increased its crude oil loading capacity to 8 million barrels per day (bdp), three times the current Iranian crude and condensate exports, the Continue Reading
