Special Features
Battling to stay afloat

IRAN, the Organization of the Petroleum Exporting Countries’ (Opec) second biggest oil exporter after Saudi Arabia, will invest around $30 billion in its oil and gas sector in 2012...

Saudi, Russia gain from Iran’s loss

THE sanctions reducing Iran’s oil exports have played in the favour of major producers such as Saudi...

Iran and China’s Unipec sign term crude supply deal

THE National Iranian Oil Company has signed a new term crude supply agreement with Chinese trader...

Pakistan and Iran to build gas pipeline despite US sanctions

PAKISTAN and Iran have decided to establish a joint working group to evolve a strategy on how the...

Iran sweetens Asian oil deals

IRAN is resolutely avoiding cutting its official oil prices to its core Asian customer base and is...

Stoking up ultra-heavy oil projects to produce more

IRAN is making a new bid to exploit its ultra-heavy crude reserves, bringing in a new contender for...

Country loses $133m a day as western sanctions bite

US-LED sanctions against Iran are costing Opec’s third-largest producer $133 million a day in lost...

CNPC denies it has quit Iran project

CHINA National Petroleum Corporation (CNPC) is continuing to work on the $4.7 billion South Pars...

Doubts over ship orders

IRANIAN newbuilding orders at Chinese and South Korean yards are drawing closer legal scrutiny as...

Sanctions-hit nation keeps unsold crude on ships

INCREASINGLY hard-pressed to find buyers for its petroleum, Iran has been routinely switching off...




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