-
Iran minister warns of ‘irreparable’ impact of sanctions on gas suppliers
Oct 25, 2022 15:29Minister of Petroleum Javad Owji has rebuked Western sanctions “on the most important owners of natural gas reserves”, saying their impact is “irreparable”.
-
Turkey calls for end to embargoes on Iran, Venezuela amid global energy crisis
Oct 21, 2022 10:55Turkey has called for removal of Western sanctions on Iran and Venezuela amid the global energy crisis triggered by Russia's military campaign in Ukraine, and the fact that skyrocketing energy prices are compounding a cost-of-living crisis for hundreds of millions of people.
-
Biden to release 15m more barrels from US oil reserves ahead of midterm elections
Oct 19, 2022 05:59US President Joe Biden is set to announce the release of 15 million barrels of strategic oil reserves in a bid to counter soaring energy prices ahead of midterm elections, with more releases possible if energy prices spike, a senior US official said.
-
Iran starts refining its crude oil in Venezuela: Oil minister
Oct 17, 2022 02:12A first oil refinery processing Iranian crude oil outside of the country has started its operation, according to a statement by the Iranian Oil Minister Javad Owji who says the project in Venezuela will be replicated in other parts of the world.
-
Senators call for halting arms sales to Riyadh, pulling US weaponry out of Saudi Arabia
Oct 16, 2022 03:30US senators have called for halting sales of American weaponry to Riyadh, and pulling out what arms were already there to “right-size [the] relationship with Saudi Arabia.”
-
Iran says it has revived oil swap deal with Kazakhstan after 10 years
Oct 15, 2022 16:20Iran has agreed to resume an oil swap deal with Kazakhstan some 10 years after the deal stalled due to technical and political problems.
-
Iran in talks to supply oil equipment to Belarus: Official
Oct 14, 2022 02:37Iran is in discussions for supplying raw material, equipment and technology needed in the petroleum sector to Belarus amid growing economic ties between the two countries.
-
Iran approves regulations for crude sales to domestic buyers
Oct 13, 2022 01:31The Iranian government has approved laws and regulations concerning the sale of crude oil to domestic buyers amid efforts to offset the impact of US sanctions on normal oil exports from the country.
-
Russia preparing plan to develop 8 Iranian oil and gas fields
Oct 10, 2022 01:54Russia’s state petroleum company Gazprom is expected to finalize deals in the near future to develop six oilfields and two gas fields in Iran, according to an Iranian deputy oil minister.
-
India says it will buy oil 'from wherever it has to'
Oct 08, 2022 09:13India will continue to buy oil from wherever it has to, Union Minister of Petroleum and Natural Gas Hardeep Singh Puri has said, noting no country has told New Delhi to stop buying Russian oil.