Tag Archives: Iran

National Iranian Tanker Company (NITC) has awarded the project for building a 113,000-ton oil tanker to a high-level domestic company, the company’s managing director announced. According to Hossein Shiva, NITC has awarded the construction of the mentioned vessel to Iran Shipbuilding and Offshore Industries Complex (ISOICO) and the official deal …

The National Iranian Oil Company (NIOC) voices the country’s readiness to supply oil to the global market “at a maximum level,” saying Iran’s potential return to the market could effectively help stabilize soaring crude prices. NIOC Managing Director Mohsen Khojasteh-Mehr told IRNA on Friday that the new Iranian administration has …

Iranian Minister of Petroleum Javad Owji has said that the return of oil and gas revenues is accelerating this year despite the sanctions as compared to last year. “Return of revenues from the sale of crude oil, gas condensate, gas exports, petroleum products and petrochemical products has increased 2.5 times …

The EU members of the UN atomic agency’s Board of Governors have issued a statement in support of preserving the 2015 Iran nuclear deal, JCPOA and the lifting of anti-Tehran sanctions. The EU reaffirmed its firm commitment and continued support for the full and effective implementation of the JCPOA, saying …

CEO of the National Iranian Oil Company announced that Iran and Iraq have signed a contract for developing the ‘Sohrab’ joint oil field. Mohsen Khojasteh-Mehr said the contract for developing the ‘Sohrab’ joint oil field with Iraq in Khuzestan Province was signed to produce 30,000 barrels per day and also …

Iran’s permanent representative to the Vienna-based International Organization Mohammad Reza Ghaebi said on Sunday that a new report by the IAEA has removed one of the Iranian locations under question from the list of remaining issues. The new report, issued by IAEA Director-General Rafael Grossi, is due to be read …

A high-ranking Iraqi delegation is due to visit Tehran next week to discuss settling the country’s gas dues and resuming the imports of natural gas from Iran, Iraqi news portal sotalIraq.com quoted the spokesman of Iraq’s Electricity Ministry as saying. As ISNA reported on Sunday, Ahmed Musa said that a …

The director-general of the International Atomic Energy Agency said that the IAEA and Iran are developing a more cooperative relationship in order to resolve what he called open issues with Iran. “We are moving into a more cooperative relationship, things are moving toward a better atmosphere,” he said at the …

It could take months before any large quantities of Iranian oil hit the markets if a nuclear deal is reached and sanctions lifted, a Reuters analysis said on Friday. With oil prices hitting almost $120 this week, market watchers await the outcome of indirect talks between the United States and …

Director General of the International Atomic Energy Agency (IAEA) Rafael Grossi arrived in Tehran to resolve issues regarding safeguards agreement. Upon his arrival, Grossi was welcomed by the spokesman for the Atomic Energy Organization of Iran (AEOI) Behrouz Kamalvandi. During his stay in Tehran, Grossi is to confer with Iranian …