Iran



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Iran planning more oil drilling

One of the first oilfields likely to receive post-sanctions contracts in Iran is scheduled for additional exploration and production work, UPI reported. SHANA, the Iranian oil ministry’s news website, said the National Iranian Drilling Co….



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New oil contracts from Iran soon

October is expected to be a busy month in Iran as the country prepares to invite international oil companies to submit bids under the long-awaited new contract model for energy investors. As one of the…


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Why Iran’s Oil Exports To India May See a Steep Dive

A 49 percent stake buy by Russia’s Rosneft in Indian Essar Oil will see the Indian company reduce its purchases of Iranian crude oil, according to Essar Oil’s chief executive, as quoted by Bloomberg.  Essar…


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Iran Begins Shipping Euro 4 Compliant Oil

The National Iranian Oil Products Distribution Company (NIOPDC) has announced that the country has deployed its first Euro 4-compliant gas oil shipment to global markets. Mahmoud Taherizadeh, Director of the Mahshahr region for NIOPDC stated:…



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Iran Aims To Double Oil Exports, These Are The Hurdles

Although its post-sanctions production boom appears to be have waned, the Islamic Republic of Iran still hopes to increase its energy exports, exploit new production contracts and expand its market share in 2016. Mohsen Ghamsari,…


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Iran’s Oil Production Is Slowing Fast

A major part of the fall in oil prices last year was driven by concerns over the rising production levels of Iran. With nuclear sanctions in place, Iran had been forced to significantly curtail production…