BP currently intends to continue to hold its ownership stake in the Rhum joint arrangement and act as operator.
Read More »Rosneft to Prepay $1b for Crude from Iraqi Kurdistan
Under the deal with the KRG. Rosneft will receive its first 600.000-barrel cargo this week.
Read More »President Invites for Wise Use of Caspian Sea
We have ignored to install recreation facilities in the Caspian Sea to serve our people.
Read More »Iran. Russia Ink MoU to Build Railcars
Relations between Iran and Russia in almost the past four years have been unprecedented and historical.
Read More »Belarus Receives 1st Cargo of Iranian Oil
Belarusian Company of Beloil Polska received a cargo of 600.000 barrels of Iranian crude oil.
Read More »Shell Keeps Distance from Iranian Oil
Shell was buying as much as 200.000 barrels per day or six large cargoes of Iranian oil a month.
Read More »Despite Sanctions Relief. Shell Still Cool on Iranian Oil Buys
Shell said in its annual report it had bought only three cargoes of Iranian oil over the past year.
Read More »Iran. Russia. Azerbaijan Agree on 50% Cut in Transit Tariffs
IRIR is currently building a railroad from the Iranian Caspian port city of Astara to the border with Azerbaijan.
Read More »Significant Increase in Iran`s Oil Exports to Europe
Iran is making rapid forays into the European crude oil market.
Read More »Iran’s Post-Sanctions Oil Exports to EU Rise
Iranian crude exports via tankers jumped to 563 shipments last year from 66 in 2012.
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