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Iran to restore oil output to pre-sanction levels in 3 days: Minister
Aug 28, 2019 01:56Iran’s Oil Minister Bijan Namdar Zanganeh has ruled out the idea that US sanctions have badly hurt the country’s production and exports capacity, saying output would be back to normal very quickly once the American bans are removed.
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Iran finds new oil reserves in southwest Dezful
Aug 27, 2019 09:25Iran has discovered new oil reserves in the southwestern Dezful region, the National Iranian Oil Company Exploration Directorate (NIOCEXP) says.
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Gibraltar rejects US demand to detain Iran-operated supertanker
Aug 18, 2019 11:33Gibraltar’s government says it has knocked back a request by Washington to detain the Adrian Darya 1 supertanker, which was seized by British marines in the Strait of Gibraltar last month carrying Iranian oil.
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Foreign military presence brings insecurity to Persian Gulf: IRGC Navy chief
Aug 18, 2019 06:03The top commander of the Islamic Revolution Guards Corps (IRGC)’s Navy warns that foreign military presence in the Persian Gulf brings insecurity and instability to the region.
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US goes all out in spying on Iran's oil sales: NY Times
Aug 10, 2019 01:13The CIA spy ring dismantled by Iran’s Intelligence Ministry last month was trying to gather intelligence on Iran’s oil sales, a new report by The New York Times reveals.
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US failed to zero out Iran's oil sales: Speaker Larijani
Aug 06, 2019 07:42Iran’s Parliament speaker Ali Larijani says the United States has had no success in its “maximum pressure” campaign against Tehran even as American sanctions have impacted the Iranian economy.
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Captain of Iranian-operated ship seized by UK says British marines used ‘excessive force’
Jul 30, 2019 11:15The captain of an Iranian-operated supertanker that has been seized by the UK says British marines used excessive force while detaining the vessel in the Strait of Gibraltar off Spain.
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Iran’s NIDC drills 41 oil, gas wells in 4 months
Jul 30, 2019 08:00The National Iranian Drilling Company (NIDC) has successfully spudded 41 oil and gas wells since March.
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UK, Gibraltar discuss seized oil tanker amid row with Iran
Jul 18, 2019 03:08British Prime Minister Theresa May has held talks with Gibraltar Chief Minister Fabian Picardo about an Iranian-owned oil tanker that was illegally seized by British marines two weeks ago, amid pressure on London to release the vessel.
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Iran ready to invest in major Indian refinery: Ambassador
Jul 18, 2019 01:43Iran’s ambassador to India has said that his country would not halt planned investment in a major Indian refinery despite US sanctions that have affected the country’s oil incomes.