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Oil minister: Sanctions unable to halt Iranian crude exports
Jul 16, 2019 09:16Iranian Oil Minister Bijan Namdar Zanganeh underlined that the US sanctions have failed to stop Iran's oil supplies to other countries.
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Iran signs $6.2bn worth of contracts to increase oil output by 280,000 bpd
Jul 11, 2019 01:55Iran has awarded dozens of contracts worth $6.2 billion to domestic companies to have oil production increase by 280,000 barrels per day (bpd) as part of a plan entitled “The extra-output scheme”.
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Iran to sign first contract to barter oil for restoration of power plant
Jul 11, 2019 01:42Iran is to sign a contract with a Japanese company for restoration of power plant which will be financed through a barter mechanism involving Iran’s oil.
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Iran offers 3-year oil futures to ‘powerful’ buyers
Jul 10, 2019 01:15Iran has announced that it will allow oil futures contracts for certain international buyers as it seeks to offset the impacts of US sanctions on its supply to the global markets.
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US, not Iran, threatens world's energy security: Minister
Jul 08, 2019 02:20Iran's oil minister says the world's energy supply is threatened by the United States, not Iran which is a major guarantor of energy stability and peace in the region.
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US weighing extension of Iran oil waiver after China's defiance
Jul 04, 2019 02:44The US State Department is seriously considering using an Obama-era loophole to allow China to import oil from Iran, violating the Trump administration’s earlier pledge to bring Iranian oil exports down to zero, a report said.
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Iran happy with decisions adopted in OPEC meeting: Oil minister
Jul 03, 2019 01:05Iran’s Oil Minister Bijan Namdar Zanganeh says he is happy with decisions adopted in a recent meeting of the Organization of Petroleum Exporting Countries (OPEC), including an extension to supply cuts to the global market.
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Zanganeh on mission to protect Iran’s share of global oil market
Jul 01, 2019 04:18Iranian Oil Minister Bijan Namdar Zanganeh, who is in the Austrian capital of Vienna to attend a meeting of the Organization of the Petroleum Exporting Countries (OPEC), is on a mission to preserve the Islamic Republic’s share of the global oil market.
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Iran central bank: Oil sales rising, sanctions ineffective
Jun 26, 2019 08:42Iran’s central bank governor says the country’s oil exports are rising despite US sanctions which, he said, are no more effective.
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Russia will help Iran with oil, banking if payment channel not launched: Ryabkov
Jun 21, 2019 14:32Russia has signaled its willingness to secure Iran's interests in the oil and banking sectors if Europe's non-dollar mechanism aimed at facilitating trade with the Islamic Republic is not launched.