The largest Japanese oil wholesaler, JXTG Holdings, is considering to resume Iran oil imports, Head of JXTG Yasushi Onoda told Japanese media ‘NHK’.
News ID: 2542 Publish Date : 2018/11/08
Iran and South Korea reached an agreement to use South Korean national currency (won) in bilateral trade to bypass the US sanctions.
News ID: 2540 Publish Date : 2018/11/08
Iranian Oil Minister Bijan Zangeneh underlined that US waivers to several countries to exempt them from a ban on the supply of crude from Iran wouldn't be enough to cool down rising prices, reiterating that the ban will result in a sharp rise in the commodity's prices.
News ID: 2539 Publish Date : 2018/11/08
Iranian Ambassador to London Hamid Baeidinejad said on Wednesday that a large number of international institutes have foreseen a rising trend for Iran's oil exports.
News ID: 2538 Publish Date : 2018/11/08
CEO of Iran Air Farzaneh Sharafbafi said the national flag-carrier airline has no problem in supplying fuel to its aviation fleet despite recent US sanctions against the Islamic Republic.
News ID: 2536 Publish Date : 2018/11/08
Saudi Arabia and Russia, both of whom have boosted their crude output in recent months, were responsible for a $15/b drop in the price of oil and "should cut at least 1 million b/d instantly", an OPEC delegate told S&P Global Platts.
News ID: 2528 Publish Date : 2018/11/07
Democrats rode a surge in turnout yesterday to win control of the US House of Representatives and offer a new check on President Donald Trump's efforts to dismantle regulations in favor of higher production of oil, gas and coal.
News ID: 2527 Publish Date : 2018/11/07
Japan is in close communication with the United States on Iran sanctions, Japan’s Chief Cabinet Secretary Yoshihide Suga said on Monday.
News ID: 2510 Publish Date : 2018/11/06
Turkey has been told it will receive a waiver from the US sanctions on imports of Iranian oil, Finance Minister Berat Albayrak said on Monday, as Washington re-introduced the sanctions.
News ID: 2509 Publish Date : 2018/11/06
A German government spokesman said Berlin is exploring ways to protect companies affected by sanctions reimposed on Iran by Washington by enabling legal business relations with Tehran.
News ID: 2508 Publish Date : 2018/11/06
An oil export pipeline in Iraq’s semi-autonomous Kurdish region has been upgraded to a capacity of 1 million barrels per day from 700,000 bpd, the Kurdish Regional Government’s natural resources ministry said on Sunday.
News ID: 2507 Publish Date : 2018/11/06
China’s Sinopec and CNPC are speeding up drilling and exploration from major shale oil and gas formations in the country’s western regions to boost domestic output, according to company reports on Monday.
News ID: 2506 Publish Date : 2018/11/06
Oil prices fell on Monday as the start to US sanctions against Iran's fuel exports was softened by waivers that will allow some countries to still import Iranian crude, at least temporarily.
News ID: 2505 Publish Date : 2018/11/06
Russian state-owned oil producer Zarubezhneft has pulled out of projects in Iran because of looming US sanctions, two sources at the company told Reuters.
News ID: 2494 Publish Date : 2018/11/05
China’s state-run Zhenhua Oil is set to sign a head of agreement that includes a proposed joint venture with Iraq’s state oil marketer SOMO and for 2019 annual crude oil supply in Shanghai next week, two industry officials with direct knowledge of the matter told Reuters but did not specify the volume of supply in the annual crude pact.
News ID: 2493 Publish Date : 2018/11/05
The prospects of Indian refiners cutting their intake of Iranian crude oil to zero are unrealistic, the chairman of Indian Oil Corporation told S&P Global Platts.
News ID: 2492 Publish Date : 2018/11/04
Russia’s oil production increased to 11.41 million barrels per day in October from 11.36 million bpd in September, setting a new post-Soviet record high as the largest oil companies, Rosneft and Lukoil, raised their output according to data from Russia’s Energy Ministry.
News ID: 2491 Publish Date : 2018/11/04
The U.S. has agreed to let eight countries -- including Japan, India and South Korea -- keep buying Iranian oil after it reimposes sanctions on the OPEC producer on Nov. 5, a senior administration official said.
News ID: 2490 Publish Date : 2018/11/04
Oil prices seesawed on Friday as markets were lifted by hopes the United States and China may resolve their trade disputes soon, before being weighed down by a report Washington had granted several countries waivers on Iran sanctions.
News ID: 2488 Publish Date : 2018/11/03
Buckeye Partners will sell some US pipelines and terminals and its interest in the Vitol-backed marine terminal businesses VTTI as its Caribbean segregated storage operations struggled.
News ID: 2486 Publish Date : 2018/11/02
