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Iran in oil swap deals with Russia, Kazakhstan: Leader’s advisor
Jul 25, 2022 00:32A top advisor to the Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei says Iran is in deals with Russia and Kazakhstan to swap crude oil produced by them with its own crude oil for the purpose of delivery to customers in the Persian Gulf.
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Iran eyes $5.7 mln bpd of oil output by 2029: Report
Jul 22, 2022 01:21Iran plans to attract around $160 billion worth of domestic and foreign investment to its petroleum sector until 2029 to significantly increase its production of oil and gas, according to a new report.
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China calls on the US to stop 'bandit behavior' of looting Syrian resources
Jul 21, 2022 03:47China has called on the United States to immediately stop plundering Syria’s national resources after reports said American forces had recently transferred stolen Syrian oil to northern Iraq.
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Iranian, Venezuelan oil could ease energy crisis: OPEC chief
Jul 06, 2022 01:24OPEC Secretary General Mohammad Barkindo says a global oil supply shortage can be eased if American sanctions on Iran and Venezuela are removed and the two countries can export more oil.
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Iran awards $7bn oilfield contract to domestic consortium
Jul 06, 2022 01:14Iran has awarded a major oilfield development contract to a consortium of local banks and petroleum companies.
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Third Iranian oil tanker arrives at Syrian Port of Baniyas
Jul 04, 2022 01:00Another Iranian oil tanker arrived on Saturday evening at the Syrian Port of Baniyas located in the East Mediterranean Province of Tartus.
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Biden: I won't directly ask Saudis to increase oil production during visit
Jul 01, 2022 01:11US President Joe Biden has said he will not directly request the leaders of Saudi Arabia to increase oil production to curb soaring crude prices when he visits the kingdom next month.
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Oppressive sanctions on Iran to blame for global energy crisis: Minister
Jun 29, 2022 01:00Iranian Oil Minister Javad Owji says an “oppressive regime of sanctions” imposed by the United States on Iran will to blame for a worsening of the global energy crisis in the near future.
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Study shows excess corporate profits in the US have become 'widespread'
Jun 24, 2022 10:45A new research paper finds that the US corporate price markups and profits jumped to their highest levels in seven decades last year.
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Iran’s EB foundation pushes for expropriation of seized US oil in damages for patients
Jun 22, 2022 07:51The EB Foundation of Iran has called for the expropriation of a seized US oil shipment in damages for the harm inflicted upon Iranians suffering from epidermolysis bullosa due to Washington’s inhumane sanctions.