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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".
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Iran’s petrodollars fully recovered, oil output back to pre-sanctions Level: CBI chief
Apr 28, 2022 02:19Iran has managed to restore its oil production to the pre-sanction levels and the country is earning all of the money from the crude it is exporting, Governor of the Central Bank of Iran (CBI) Ali Salehabadi said.
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IRGC Navy captures fuel smugglers in SE Iran
Apr 24, 2022 02:44The Islamic Revolution Guards Corps (IRGC) Navy forces confiscated three hauls of contraband fuel in Iran’s southeastern waters, arresting the smugglers.
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Explosion at illegal oil refining depot in Nigeria kills over 100
Apr 23, 2022 14:23An explosion at an illegal oil refining depot in Nigeria's Rivers state killed over 100 people overnight, a local government official and the NGO Youths and Environmental Advocacy Center (YEAC) said on Saturday.
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Output up by 600k bpd at Iran’s largest crude producer
Apr 10, 2022 01:37The National Iranian South Oil Company (NISOC), which is the largest oil and gas company in the country in terms of output, says it has increased its production by nearly 600,000 barrels per day (bpd) compared to figures recorded in August.