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Iran's parliament speaker urges budget reform
Nov 16, 2020 11:09Iran’s Parliament Speaker described petrodollars as an unreliable source of income, calling for a budget reform plan with new sources of revenues.
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Sanctions targeting Iran oil sector officials sign of US frustration: Expert
Oct 28, 2020 02:57A senior energy expert says new US sanctions targeting Iranian Oil Ministry officials are a sign of growing frustration in Washington about the failure of inclusive sanctions imposed in 2018 that were supposed to cut Tehran’s crude exports to zero.
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Iranian crude, non-oil exports rising: CBI chief
Oct 25, 2020 04:00The governor of the Central Bank of Iran said a growing trend in the export of crude and non-oil products in recent months has increased the supply of foreign currency needed for the imports.
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Iran ready to supply gas, oil products to Afghanistan: President
Oct 19, 2020 08:35President Hassan Rouhani expressed the country’s readiness to supply neighboring Afghanistan with natural gas and oil products.
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Minister: No interruption to Iran’s oil production
Oct 14, 2020 05:52Oil production in Iran has not come to a halt even for a single day under the pressure of sanctions and the coronavirus outbreak, Oil Minister Bijan Namdar Zangeneh said.
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Iran’s refining capacity up by 24%, second largest in OPEC: Report
Oct 11, 2020 12:12Iran’s capacity for refining crude and other products has increased by nearly a fourth in four years to 2020 to become the second largest in the Organization of Petroleum Exporting Countries (OPEC).
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Defying US sanctions, Iran completes 2nd fuel delivery mission to Venezuela
Oct 04, 2020 03:33The third and final vessel from a fuel-laden Iranian flotilla has entered Venezuela’s waters, completing a second such mission in less than a year in defiance of American sanctions targeting both nations.
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Iran gasoline exports at over $1bn in 5 months to late August: Report
Oct 04, 2020 03:09A new report shows Iran has exported a considerable amount of gasoline in the five months to August 21 as the country becomes a net exporter of the fuel some 15 years after was importing over 27 million liters per day.
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Venezuela announces new fuel plan as 2nd Iranian tanker arrives
Oct 01, 2020 11:13Venezuelan President Nicolas Maduro has announced plans for the improvement of gasoline output and distribution in the country, as the second of three Iranian tankers carrying fuel entered the South American country’s waters, ignoring unilateral United States sanctions on Venezuela.
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Despite sanctions, Iran’s oil exports jumped in September: Tracking firm
Sep 25, 2020 14:03Iran’s exports of crude oil and condensate jumped in September amid unilateral sanctions imposed by the United States. That is according to three assessments based on tanker tracking.