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Japan to import naphtha from Iran
Japan is set to import a naphtha cargo from Iran this month, a source said, marking the first such import from the Middle Eastern country since 2011.
Iraq, Iran sign MoU on oil export pipeline
Iran and Iraq signed a memorandum of understanding on Monday to study a proposed pipeline project which will transfer crude oil from the northern Iraqi fields of Kirkuk via Iran, said a statement by Iraqi Oil Ministry.
Iranian crude exports to France up in January
Iran reported a major rise in exports of crude oil to France in January — an announcement that comes as the country is already expanding the list of its European oil clients.
Iran finds two-billion-barrel shale oil reserves in Lorestan
Iran has found shale oil reserves estimated to hold two billion barrels of light crude in the western province of Lorestan, a senior official at the state-run National Iranian Oil Company (NIOC) was quoted as saying on Saturday.
Iran sees oil output reaching 4 mbd by mid-April
Iran expects its oil production to reach four million barrels per day by mid-April, the head of the state-run National Iranian Oil Company (NIOC) was quoted as saying on Saturday.
Iran overtakes Saudi Arabia in oil exports to South Korea
Figures show that Saudi Arabia has lost a significant share of South Korea's oil market to Iran. Preliminary customs data show that Iran exported around 1.79 million tons of crude oil to Asia's fourth largest oil buyer in January.
Essar's Iran oil imports up
Overall crude oil shipments of Essar Oil from Iran rose 56 percent at about 175,600 barrels per day (bpd) in the first ten months of the contract year beginning April 1, 2016, according to tanker arrival data obtained from sources and assessed by Thomson Reuters Oil Analytics.
Belarus signs contract to buy Iran crude
Belarus's Bel Oil signed a contract to buy 80,000 tons of Iranian Light and Heavy crude oil from National Iranian Oil Company (NIOC) for loading in February.
Iran becomes 3rd largest oil supplier for India
Iran has zipped past the likes of Venezuela and Nigeria to become India’s third largest oil supplier as easing western sanctions enabled Indian companies to increase purchases from that country.
NIOC: Iran in-situ reserves up 30b barrels
Iran has discovered about a dozen new oilfields with in-situ reserves of 30 billion barrels since the Fifth Five-Year Development Plan (2011-2016), the National Iranian Oil Company’s exploration head said on Monday.
Polish refiner Lotos aims for long-term oil deal with Iran
Poland's second-biggest oil refiner Lotos is interested in securing a long-term supply deal with Iran once it completes a new coking unit at its Gdansk refinery next year, its chief executive said.
Oil needs  extended OPEC output cuts
Organization of the Petroleum Exporting Countries and non-OPEC producers in December reached their first deal since 2001 to curtail oil output jointly, by around 1.8 million barrels per day.
Oil revenues to reach $50b next year: Minister
Iran's oil exports has reached the pre-sanctions level and its oil revenues will reach $45 billion to $50 billion in the Iranian year to March 21, 2018, if prices remain at $55 per barrel, said Iran's oil minister.
NIOC, BIV ink MoU on Iran fields study
The National Iranian Oil Company (NIOC) and Malaysia's Bukhary International Ventures (BIV) signed a memorandum of understanding (MoU) for carrying out studies over Iran's Golshan and Ferdowsi fields.
Iran minister: No problem for oil talks with Saudis
Minister of Petroleum Bijan Zangeneh says Iran has no problem for talks with Saudi Arabia in order to stabilize the oil market as he praises OPEC commitment to production cuts.

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