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Iran warns of winter energy crisis, says ready to supply more oil
Aug 05, 2022 00:43Iranian Oil Minister Javad Owji has warned of a global energy crisis this winter as he says that Iran stands ready to increase its oil exports by a significant amount if sanctions are removed from the country.
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OPEC secretary general highlights Iran’s important role in stabilizing oil market
Aug 01, 2022 15:27The secretary general of the Organization of the Petroleum Exporting Countries (OPEC) says Iran is one of the most important founding members of the intergovernmental energy body and plays a significant role in bringing stability to the global oil market.
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Turkey’s Erdogan says he will buy more oil, gas from Iran
Jul 27, 2022 02:10Turkish President Recep Tayyip Erdogan has announced that his country would increase its purchases of Iranian oil and gas, a week after meeting with his Iranian counterpart Seyyed Ebrahim Raeisi in Tehran.
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Iran in oil swap deals with Russia, Kazakhstan: Leader’s advisor
Jul 25, 2022 00:32A top advisor to the Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei says Iran is in deals with Russia and Kazakhstan to swap crude oil produced by them with its own crude oil for the purpose of delivery to customers in the Persian Gulf.
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Iran eyes $5.7 mln bpd of oil output by 2029: Report
Jul 22, 2022 01:21Iran plans to attract around $160 billion worth of domestic and foreign investment to its petroleum sector until 2029 to significantly increase its production of oil and gas, according to a new report.
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China calls on the US to stop 'bandit behavior' of looting Syrian resources
Jul 21, 2022 03:47China has called on the United States to immediately stop plundering Syria’s national resources after reports said American forces had recently transferred stolen Syrian oil to northern Iraq.
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Iranian, Venezuelan oil could ease energy crisis: OPEC chief
Jul 06, 2022 01:24OPEC Secretary General Mohammad Barkindo says a global oil supply shortage can be eased if American sanctions on Iran and Venezuela are removed and the two countries can export more oil.
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Iran awards $7bn oilfield contract to domestic consortium
Jul 06, 2022 01:14Iran has awarded a major oilfield development contract to a consortium of local banks and petroleum companies.
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Third Iranian oil tanker arrives at Syrian Port of Baniyas
Jul 04, 2022 01:00Another Iranian oil tanker arrived on Saturday evening at the Syrian Port of Baniyas located in the East Mediterranean Province of Tartus.
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Biden: I won't directly ask Saudis to increase oil production during visit
Jul 01, 2022 01:11US President Joe Biden has said he will not directly request the leaders of Saudi Arabia to increase oil production to curb soaring crude prices when he visits the kingdom next month.