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iranian oil

Iran, German Oil Companies Sign Cooperation Pact

Iran's Sepahan Oil Company (SOC) and the German ADL company on Wednesday signed a cooperation agreement.

Iran Says Total not Withdrawn from SP Phase 11 Yet

Iran says French energy giant Total is still to officially announce its withdrawal from one of the country’s biggest gas projects with a top official saying no change has been occurred in the combination of a consortium formed over the project.

Iran Eyeing “Oil for Gold” Barter Plan with Africa

As US sanctions against Iran loom large, the country is looking for potential solutions to maintain trade with other countries with a top official in Tehran now proposing to barter oil products for gold with Africa.

Iran 'Extremely Important for Ensuring Japan Energy Security': Official

Japan is seeking an early exemption from the US on its sanctions against Iran as among the highest priority for the country's energy security as well as local refiners' need for Iranian oil, a top government official told S&P Global Platts Tuesday.

US Sanctions to Help China Buy More Iran Oil: WSJ

The US government is expecting Iran’s oil clients to sharply cut imports from the country under the threat of sanctions but senior American officials believe China is likely to buy even more Iranian crude.

US Budges in Iran Oil Sanctions Drive, Says Waivers Possible

The United States has made a surprise revelation that could suggest its campaign to bring down Iran’s oil exports to zero is based on ‘miscalculations’ – as Iran had earlier warned.

Trade Tariff War with US Pushing Chinese Oil Buyers to Iran

Indications are growing that Chinese companies are scrapping plans to purchase oil from the United States and are instead turning to Iran for imports in what appears to be a result of escalating trade tariff war between Beijing and Washington.

Chinese Refiner Stops Buying US Crude, Starts Buying Iran’s

China’s largest independent oil refinery has stopped buying crude from the United States, switching to Iranian oil purchases, amid a trade war with the US and despite American attempts to dissuade other countries from purchasing crude from Iran.

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