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OPEC members concerned how Iran will return to oil market: Minister
Jul 01, 2021 14:10Oil Minister Bijan Namdar Zanganeh says that some members of the Organization of Petroleum Exporting Countries (OPEC) are concerned about how a return of Iranian supplies to the international markets would affect the prices.
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US blow to Iran’s oil income foiled: President
Jun 28, 2021 01:30The outgoing president of Iran said his administration has managed to thwart the serious harm that the US has been seeking to do to the country’s oil revenues.
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US military dispatches over 50 trucks to oil-rich Hasakah in northeastern Syria: Report
Jun 18, 2021 01:08Amid Washington’s attempts to further loot oil reserves and natural resources in Syria, the United States military has dispatched truckloads of ammunition and logistical equipment to the Arab country’s northeastern Province of Hasakah.
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Saudi first quarter GDP shrinks 3%, hit by oil sector decline
Jun 14, 2021 09:07Saudi Arabia's gross domestic product fell 3% in the first quarter, slightly less than official estimates and compared with a 1% contraction last year, as a sharp fall in the oil sector pulled back the economy, data showed.
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Oil-based spill pollutes coast of Taboga Island, Panama
Jun 11, 2021 08:22An oil-based substance spill pollutes the beaches of Taboga Island, in Panama, killing wildlife and affecting locals who say the spill compromises the fishing industry and tourism. Authorities have not been able to identify the source of the spill and have been cleaning it for the past four days.
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US continues plundering Syrian natural resources to back militants: Russia’s Lavrov
Jun 10, 2021 06:45Russian Foreign Minister Sergei Lavrov has once again slammed the unlawful presence of the United States in Syria, saying the US forces continue to plunder the Arab country’s wealth extensively to support militants.
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Iran to restore crude output to pre-sanctions level within a month: NIOC official
Jun 09, 2021 23:52A senior official in the National Iranian Oil Company (NIOC) says Iran will be able to immediately restore its crude oil production to levels seen before US sanctions hit the country in 2018.
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Fire at Tehran oil refinery almost extinguished, no casualties: CEO
Jun 04, 2021 01:42A huge blaze at the Shaheed Tondguyan Oil Refinery located to the south of the Iranian capital Tehran is almost extinguished after more than 24 hours of battling the fire, says the top government official in the facility.
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Refiners in Europe, India preparing to buy Iranian oil: Report
May 20, 2021 00:59At least one refiner in Europe and four in India are making preparations to resume oil imports from Iran in case the country reaches an agreement with world powers to revive a 2015 international nuclear agreement, according to a Wednesday report by Reuters news agency.
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Iran marks milestone by sending oil to terminal on Sea of Oman
May 19, 2021 08:57Iran has started sending oil to a new terminal on the Sea of Oman through a pipeline that bypasses the Strait of Hormuz, Chief Executive of the National Iranian Oil Company Mehdi Karbasian says.