-
UK's Johnson set to visit Riyadh for oil talks amid growing energy crisis
Mar 14, 2022 06:03British prime minister Boris Johnson is set to embark on a visit to Saudi Arabia this week to lobby for action to keep oil prices in check amid a growing crisis in the global energy market.
-
US brought Vienna talks to halt by seizure of Iran oil cargo: Report
Mar 13, 2022 04:48A report holds the US to blame for the pause in the talks in Vienna on a potential revival of the 2015 Iran deal, saying the halt was announced in the wake of Washington's seizure of Iranian oil cargo at sea.
-
Saudi, UAE leaders reject calls with Biden as US seeks help on oil price surge
Mar 09, 2022 05:24The leaders of Saudi Arabia and the United Arab Emirates have reportedly declined calls with US President Joe Biden as Washington tries to ease surging oil prices amid Russia’s military operation in Ukraine.
-
US gas prices soar to 13-year high over Russia's Ukraine operation
Mar 07, 2022 05:26US gasoline prices have reached a 13-year high as Western sanctions on Russia over its military operation in Ukraine continue to disrupt the global energy market.
-
US, European allies ‘discuss banning Russia oil imports’
Mar 07, 2022 05:19The US says the country and its European allies are discussing banning Russian oil imports as a means of stepping up their punitive measures against Moscow over its ongoing military operation in Ukraine.
-
Iran’s Bank Tejarat wins contract for major fuel pipeline
Mar 07, 2022 02:14Iran’s Bank Tejarat has committed to providing finances required for a major fuel pipeline project in the country’s south as part of a contract signed with the Iranian Oil Ministry.
-
Rising demand may cause Iran to resume gasoline imports: Report
Mar 06, 2022 03:02Demand for gasoline in Iran is expected to reach record levels as a report warns that the country may be forced to resume imports more than a decade after it reached self-sufficiency in production of the fuel, shows a report.
-
Iran to reach maximum oil output 1-2 months after Vienna talks: Owji
Mar 04, 2022 06:16Iranian Oil Minister Javad Owji says the country will return to its maximum oil output within one to two months from the conclusion of ongoing international talks that are meant to revive a 2015 nuclear deal known as the JCPOA.
-
Data confirms Iran’s oil export at above 1 mln bpd this year
Mar 02, 2022 02:22Iran’s crude oil exports rose to above 1 million barrels per day (bpd) at the start of this year and continued to remain above that level over January and February, shows a new report citing data by tanker tracker services.
-
Nigerian minister upbeat Iranian supplies will boost markets
Feb 23, 2022 03:42Nigerian’s Oil Minister Timipre Sylva says there is no need for a further increase in crude production by the OPEC+ alliance of oil exporting countries as he is upbeat that an international deal on Iran’s nuclear program can be revived soon allowing more supplies from the country into the global oil markets.