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Iran summons Swiss envoy to protest US seizure of Iranian oil cargo
May 27, 2022 06:47Foreign Ministry on Friday summoned the chargé d'affaires of Switzerland, which represents Washington’s interests in Tehran, to protest the US seizure of Iranian oil cargo from a Russian-operated ship in Greece's territorial waters.
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Italy quadruples imports of Russian oil despite EU opposition
May 22, 2022 03:46Italy has increased its imports of Russian crude in spite of efforts by the European Union to end its dependence on Russian energy over the Ukraine crisis.
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‘Russia no threat’: China to receive 2 million barrels of Iran oil
May 19, 2022 09:52A very large Iranian crude carrier is set to discharge 2 million barrels into an oil terminal in China this week after Western media reports claimed that Beijing might be replacing Iran’s barrels with cheaper Russian shipments.
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Iran’s oil output up 1.4% to 2.564 mln bpd in April: OPEC
May 17, 2022 23:54Iran’s oil production rose slightly in April against the first quarter this year, OPEC figures show, as a media report claims Iran’s crude export volumes remained stable last month despite reports suggesting that shipments to China had declined because of higher Russian exports to the East Asian country.
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NIOC: Russians to start developing two Iranian oil fields 'soon'
May 16, 2022 06:45Russians will soon start “executive operations” on developing two oil fields in Iran, Managing Director of the National Iranian Oil Company (NIOC) Mohsen Khojastehmehr has said.
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Iran will double oil exports if foreign problems are solved: NIOC chief
May 15, 2022 00:53Iran’s state run oil company the NIOC says it will be able to immediately double its crude exports if problems facing the country at the international level are solved.
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President Raeisi: Iran's oil exports have doubled
May 10, 2022 00:08President Seyyed Ebrahim Raeisi says Iran is no longer worried about its oil sales which are twice as much oil as when he took office in August, despite heavy sanctions imposed by the US.
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Iran’s oil minister meets Venezuela's Maduro, discusses energy cooperation
May 04, 2022 00:29Iran’s Oil Minister Javad Owji met with Venezuelan President Nicolas Maduro in Caracas and discussed ways to expand energy cooperation between the two countries.
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Iran exported $2.3 bn worth of gasoline in 19 months to March 2021
May 04, 2022 00:21Iran exported nearly $2.3 billion worth of gasoline in more than 19 months to March 2021 despite sanctions imposed by the United States.
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Putin retaliates as EU prepares sanctions on Russian oil
May 03, 2022 08:51Russian President Vladimir Putin has signed a decree on retaliatory economic sanctions in response to the "unfriendly actions of certain foreign states and international organisations".