Iran Eyes 0.5mbd of Crude from West Karoon Region

TEHRAN, Apr. 08 (Shana) -- Iran will be recovering over half a million barrels per day of crude oil by late-June 2017, a senior Iranian oil official said.

Major Leap in India’s Oil Imports from Iran in March: Report

TEHRAN (Tasnim) – India’s oil imports from Iran witnessed a 115-percent rise in March compared to the same period last year, a report said.

Oil Prices in New York, London Spike After Syria Attack: Chart

Oil prices shot up after the U.S. launched a cruise missile attack against Syria. West Texas Intermediate climbed as much as 2.4 percent to a one-month high of $52.94 a barrel in New York, with Brent crude up 2.2 percent in London. The price spike from potential short-squeezes due to geopolitical risks may prove temporary as long as the military action is well-contained, as Syria is no longer a significant oil producer, according to Nomura Holdings Inc.

Iran Will Cut Benefits on Oil Sales to Indian State Refiners

Iran’s NIOC to cut credit period to 60 days from 90 days Iran lowers discount on shipping of crude oil to 60% from 80%

Oil hits one-month high near $55 on tighter supplies

Oil hit a one-month high near $55 a barrel on Wednesday as a fall in U.S. crude inventories raised hopes OPEC-led supply cuts were clearing a glut, while an outage at the largest UK North Sea oilfield lent support.

Iran Petchem Output Capacity to Hit 72mt/y: NPC

TEHRAN, Apr. 04 (Shana) -- National Petrochemical Company (NPC) says Iran's total petrochemical production capacity will reach 72 million tons per year this calendar year which began on March 21.

NIDC Spuds 193 Wells during Last Calendar Year

TEHRAN, Apr. 04 (Shana) -- The National Iranian Drilling Company (NIDC) successfully drilled 193 oil and gas wells during the previous calendar year which ended on March 20.

Iran turns sanction-stricken economy into regional power: Russian expert

Moscow, April 3, IRNA – A member of Russia’s Civic Chamber hailed the economic activities in Iran, saying the current Iranian government changed the sanction-stricken economy into a regional and extra-regional power.

Iran ready for cooperation to consolidate int’l democracy, peace, security: MP

Tehran, April 4, IRNA – A member of the Iranian Parliament (Majlis) said on Monday that the Majlis is ready for any constructive cooperation to strengthen democracy, peace and security across the world.

Zarif: Foreign Ministry’s priority this year to help boost production, employment

Tehran, April 4, IRNA – Foreign Minister Mohammad Javad Zarif said on Monday that Foreign Ministry’s priority in the new Iranian year (beginning on March 21) is to help promote production and employment.

Iran condemns terror attack in St. Petersburg

Tehran, April 4, IRNA – Foreign Ministry spokesman Bahram Qasemi denounced terrorist attack on St. Petersburg metro on Monday in Russia, saying that creating insecurity and massacre of innocent people is the most contemptuous act to achieve political goals.

Zarif: Iran, Latvia broadening all-out relations

Tehran, April 3, IRNA – Foreign Minister Mohammad Javad Zarif said on Monday that the Islamic Republic of Iran and Latvia are now broadening all-out relations and mutual cooperation.

Iranian embassy in London to help beaten teenager

London, April 4, IRNA – Iran’s embassy in London slammed the racist attack on an Iranian teenager in Croydon, Southern London, announcing it will provide required aid to the beaten teenager to be recovered soon.

Iran, Russia Ink MoU to Broaden Standard Cooperation

Moscow, March 29, IRNA -- Tehran and Moscow signed a memorandum of understanding (MoU) on boosting cooperation in the field of standards and standardization.

Iran, Russia’s reliable partner: Serbian daily

Belgrade, March 29, IRNA – Moscow considers Tehran as a good neighbor and a reliable partner, writes a Serbian daily newspaper.

Total items: 517 in 35 pages