OPEC Oil Output Rises in August as Iran Hits 2018 High – Survey
By Alex Lawler
LONDON, Aug 31 (Reuters) - OPEC oil output rose in August as Iranian supply rose to its highest since 2018, a Reuters survey found on Thursday, despite ongoing cuts by Saudi Arabia and other members...
Frozen Iranian Assets Transferred to Swiss Central Bank – S.Korean Media
SEOUL, Aug 21 (Reuters) - Iranian assets that had been frozen in South Korea were transferred to Switzerland's central bank last week for exchange and transfer to Iran, South Korean media reported on Monday.
The Swiss National Bank...
Iran Says Oil Exports Surpass Exceed Daily Targets
DUBAI, Aug 13 (Reuters) - Iran's oil exports have surpassed the government's 1.4 million barrels per day target, the head of Iran's Plan and Budget Organisation said on Sunday, according to the semi-official Tasnim news agency.
"Based on Iran's...
China Pulls Out of Oil Deal with Iran
By Kayhan Life Staff
China Petroleum and Chemical Corporation (Sinopec) has pulled out of the Yadavaran Oil Field project in the southwestern province of Khuzestan, according to Hamid Hosseini, the director of the Iranian Oil,...
Iran to Raise Oil Output Amid Curbs on Production
DUBAI, Aug 9 (Reuters)Â -Â Iran will produce an extra 250,000 barrels per day (bpd) of oil by the end of summer, the semi-official Tasnim news agency reported on Wednesday citing the head of the National...
Iran Will Pursue Durra Gas Field Oil Rights if Other Parties Shun Cooperation
DUBAI, July 30 (Reuters)Â -Â Iran will pursue its rights over the Durra/Arash field if other parties shun cooperation, the country's Oil Minister Javad Owji said on Sunday, according to the Oil Ministry's SHANA news agency.
"If...
Kuwait To Drill Durra Field Before Iran Border Demarcation -Minister
DUBAI, July 27 (Reuters) - Kuwait oil minister Saad Al Barrak told SkyNews Arabia on Thursday that his country will start drilling and begin production at the Durra gas field without waiting for border demarcation with Iran.
Al...
Twenty-Eight Million Iranians Live Below Poverty Line, Majlis Deputy Warns
By Kayhan Life Staff
Mohsen Pirhadi, deputy chair of Iran’s Seventh Development Plan’s Consolidation Commission, has said that 28 million Iranians live below the poverty line.
The poverty line (poverty threshold) calculates the minimum amount needed to...
Gender Inequality in Iran Worsens; Female Unemployment On the RiseÂ
By Kayhan Life Staff
There is an increasing gender gap in Iran’s labor market, with women's share of the workforce significantly smaller than men’s, and female unemployment on the rise, according to data from the...
Exclusive-US Issues New 120-Day Waiver Letting Iraq Pay Iran for Electricity
By Arshad Mohammed
WASHINGTON, July 18 (Reuters) - The United States on Tuesday moved to let Iraq pay Iran for electricity via non-Iraqi banks, a U.S. official said, a step Washington hopes may keep Tehran from forcing unpopular power...
