Iran ///

As oil rally fades, Trump's Iran hawk pick seen aiding bulls

For those in the oil market, it may seem like there’s no end to U.S. events determining the course of prices these days. Donald Trump’s sudden firing of Rex Tillerson is unlikely to prove an exception.

Oil & Gas in the Capitals

Dr. Anas Alhajji, Contributing Editor

The changing energy landscape of the Middle East

Iran orders armed forces to sell all energy, business assets

Iran’s armed forces, some of which are under U.S. sanctions, must divest from energy assets and other businesses to help save the Persian Gulf nation’s economy, President Hassan Rouhani said.

Iran can boost output fast if OPEC ends cuts, oil minister says

Iran can swiftly increase production of crude if OPEC decides to scrap limits on global output when the group meets next in June, Oil Minister Bijan Namdar Zanganeh said.

OPEC, Russia sustain production as Saudi Arabia masks Venezuelan drop

Crude production by OPEC and its main ally Russia held steady last month as increases in Saudi Arabia and Iran offset the ongoing deterioration of Venezuela’s oil industry.

Iran awaits Trump verdict on oil sanctions deal

World oil markets are about to get a clearer idea of what Donald Trump’s presidency means for one of the biggest crude exporters, Iran.

Iranian tanker at risk of sinking as buyer seeks other supply

Hanwha Total Petrochemical Co. bought alternative supply after a fire on board an Iranian oil tanker that was destined for the South Korean company.

White House threatens new Iran sanctions as arrests continue

The Trump administration threatened new sanctions on Iran as the number of civilians arrested in spontaneous nationwide protests that began last week neared 1,000.

Oil steadies above $60 as protests spread in OPEC producer Iran

Oil steadied after a second annual increase, supported by concern that protests in Iran could lead to a supply disruption in OPEC’s third-biggest member.

Crude approaches 28-month high as Saudi crackdown intensifies

Crude resumed its march toward levels last seen in 2015 as escalating tensions in Saudi Arabia raised concerns about stability in the region.

Russian-Iranian framework established for gas sector cooperation

A number of documents were signed in Tehran on the margins of the visit to the Islamic Republic of Iran by Russian President Vladimir Putin. The documents are aimed at fostering Russian-Iranian cooperation in the gas sector.

Rosneft, National Iranian Oil Company sign strategic oil and gas agreement

During the visit of the Russian President Vladimir Putin to the Islamic Republic of Iran, Rosneft Oil Company and National Iranian Oil Company signed an agreement termed the “Road Map and Key Terms of Strategic Cooperation in the Field of Oil and Gas.”

Iran official backs extension of OPEC cuts, dismisses Trump risk

Iran said it would support an extension of OPEC oil-production cuts to the end of next year, and insisted its own output plans won’t be disrupted by U.S. President Donald Trump.

Regional Report: MENA

Emily Querubin, World Oil

Middle East/North Africa grapples with production cut commitment, despite urge to boost output

Trump's red light for Iran deal: What's at stake for oil and gas

Iran, already struggling to attract investors to its energy industry, may find things tougher still as U.S. President Donald Trump tries to undermine the nuclear deal that eased sanctions on OPEC’s third-largest crude producer.

Iraq, Iran boost oil exports in sales battle with Saudis

Iraq and Iran boosted crude exports in September, taking advantage of a slower pace of shipments from rival Saudi Arabia to win buyers in key markets like China and the U.S.

Russia's Lukoil, Iran's national oil company partner in Persian Gulf, South Caspian

A Lukoil a wholly-owned subsidiary, Lukoil-Engineering, and the National Iranian Oil Company, signed a memorandum of understanding. ​

Iran vows to sustain oil exports despite Trump's threat

Iran will persist with exporting its oil to global customers, unfettered by Donald Trump’s intensifying offensive against the country, according to the Middle East nation’s state-run producer.

Iran says OPEC must address rising Libya, Nigeria oil output

OPEC’s commitment to cutting production to clear a global glut is working, but the group needs to address rising output from Libya and Nigeria, Iran’s Oil Minister Bijan Namdar Zanganeh said.

Iran seeks reappointment of OPEC veteran Zanganeh as oil minister

Iran’s President Hassan Rouhani proposed the reappointment of its longest-serving oil minister, Bijan Namdar Zanganeh, who fought to restore crude production and closed a landmark deal with Total SA to develop the Persian Gulf country’s share of the world’s biggest natural gas field.