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Iran allows early repayment of sukuk bonds through crude oil
Iran’s Finance Ministry issued a notice allowing the repayment of sukuk, debt bonds that are compliant with Islamic financial principles, through the use of export crude.
Oil slips as surge in virus cases cloud demand recovery
Oil prices dipped on Monday as rising coronavirus cases upset hopes for a smooth recovery in fuel demand, with the main crude benchmarks on track for their first monthly falls in multiple months after last week's slips.
Data suggest Iran's oil exports jump in Sept.
Iranian oil exports have risen sharply in September in defiance of US sanctions, three assessments based on tanker tracking showed.
Oil heading for weekly decline as coronavirus demand concerns mount
Oil prices slipped on Friday and were set for a weekly decline due to mounting worries about the impact on fuel demand of a widespread resurgence in coronavirus infections, as well as some concern about the likely return of exports from Libya.
Iran must reach 8.5 mbd of oil output: Adviser to Leader
The top economic adviser to the Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said the oil output in the country should meet a target of 8.5 million barrels per day (mbd) in several years’ time despite efforts to reduce the direct sales of crude in order to minimize the impacts of foreign sanctions.
NIOC inks major oil research deals with local universities
The National Iranian Oil Company (NIOC) signed 13 major research-based deals valued at over €178.6 million (€35 million plus 7.16 trillion rials) with the country’s universities and research institutes in a ceremony on Monday.
Venezuela defies US sanctions with first Iranian crude import: Report
An oil tanker is discharging Iranian condensate for Venezuela as both countries continue to avoid US sanction tripwires.
Iran tops world’s oil, gas exploration list
Deputy Managing Director of the National Iranian Oil Company for Exploration Affairs Saleh Hendi said that by exploring 4.9 billion barrels liquid hydrocarbon in 2019, the NIOC is standing on the top of oil giants in the world.
Iran's 25th oil expo to be held in October
Iran's oil company announced on Wednesday the 25th International Exhibition of Oil, Gas, Refining and Petrochemicals will be held from October 12 to 15, 2020, in Tehran.
Oil falls further amid growing alarm over coronavirus second wave
Oil futures fell further on Wednesday after big declines the previous session with Brent sliding below $40 a barrel for the first time since June as COVID-19 cases rebounded in several countries.
Production capacity of South Yaran field raised to 25,000 bpd
The daily production capacity of the South Yaran oilfield, which Iran shares with Iraq in the West Karoun region, has reached 25,000 barrels following the installation of a mobile oil separator (MOS) in the field.
Iran blocked from trading a drop of oil in exchange for food, medicine: Official
The head of Iran’s Plan and Budget Organization said that the country is facing bans harsher than oil-for-food sanctions as it is being prohibited from trading its oil in exchange for food or medicine.

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