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Iran will not tolerate ‘loss of rights’ in disputed gas field: Owji
Jul 31, 2023 07:08Iranian Oil Minister Javad Owji says the country will not stand idle in the face of any move by Kuwait or by Saudi Arabia on a disputed gas field in the Persian Gulf that could lead to a loss of rights for Tehran.
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Iran to benefit from gas-for-oil barter deal with Iraq: Businessman
Jul 30, 2023 06:18A senior Iranian businessman says a recent deal between Iran and Iraq to swap Iranian gas and electricity for Iraqi crude oil and mazut will benefit Iran and will remove hurdles created by the United States in energy trade between the two neighboring countries.
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Iran ranks 3rd in oil reserves globally: OPEC
Jul 23, 2023 12:51Iran has the third largest proven oil reserves across the world, new figures by the Organization of Petroleum Exporting Countries (OPEC) show.
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‘Oil cargo of tanker seized by Indonesia belongs not to Tehran': Oil Ministry
Jul 21, 2023 14:52The Iranian Oil Ministry denies any ownership of an oil tanker's cargo that Indonesia recently confiscated near its coast, noting that related reports lack credibility and are in line with anti-Iranian propaganda.
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IRGC Navy commander warns against unloading Iranian oil from seized tanker
Jul 20, 2023 13:58The commander of the Islamic Revolution Guards Corps (IRGC) Navy has warned that any oil company unloading hundreds of thousands of barrels of seized Iranian oil sitting in a Greek tanker off the coast of Texas would be held accountable.
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IRGC foils ‘risky’ US attempts to prevent seizure of oil smuggling tanker: Cmdr.
Jul 10, 2023 15:22The United States made “unprofessional and risky” attempts to impede the seizure of a foreign oil tanker smuggling Iranian fuel in the Persian Gulf last week, but the Islamic Revolution Guard Corps (IRGC) successfully confiscated the vessel, according to an IRGC commander.
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IRGC Navy seizes tanker with 900 tons of smuggled fuel, arrest entire crew
Jul 07, 2023 13:20Iran's Islamic Revolution Guards Corps (IRGC) Navy has seized a tanker vessel carrying hundreds of liters of smuggled fuel in the Persian Gulf waters.
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Iran oil income up 35% y/y in 2022 to $54bn: EIA
Jul 02, 2023 06:33A report by the Energy Information Administration (EIA), the main energy data agency of the US government, has confirmed that Iran earned more from crude oil exports last year compared to 2021 despite Washington’s sanctions targeting Iranian oil trade.
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Iran self-sufficient in constructing refinery, petchem plants, developing oil, gas fields: Oil minister
Jun 29, 2023 07:19Iran has become self-sufficient in constructing refinery and petrochemical plants and developing oil and gas fields, Oil Minister Javad Owji said on Wednesday.
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Iran to hike output from oilfield shared with Saudi Arabia
Jun 28, 2023 05:59Iran is preparing to increase its production from an oilfield that is shared with Saudi Arabia in the Persian Gulf.