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Iran will double oil exports if foreign problems are solved: NIOC chief
May 15, 2022 00:53Iran’s state run oil company the NIOC says it will be able to immediately double its crude exports if problems facing the country at the international level are solved.
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IEA chief warns climate chaos certain if oil and gas mega-projects go ahead
May 14, 2022 12:11Revelations by the Guardian show nearly 200 carbon bomb projects are in planning, or have already started pumping, that will each result in at least 1bn tonnes of carbon dioxide emissions over their lifetimes, equivalent to about 18 years of current global emissions.
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President Raeisi: Iran's oil exports have doubled
May 10, 2022 00:08President Seyyed Ebrahim Raeisi says Iran is no longer worried about its oil sales which are twice as much oil as when he took office in August, despite heavy sanctions imposed by the US.
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'This is robbery': Chevron profits quadruple and Exxon's double amid Russia- Ukraine crisis
May 04, 2022 09:10Chevron and ExxonMobil announced Friday that their profits surged during the first quarter of 2022, prompting fresh calls for a windfall tax as the U.S.-based oil giants continue to exploit Russia- Ukraine crisis to hike prices at the pump and lobby for more drilling.
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Iran’s oil minister meets Venezuela's Maduro, discusses energy cooperation
May 04, 2022 00:29Iran’s Oil Minister Javad Owji met with Venezuelan President Nicolas Maduro in Caracas and discussed ways to expand energy cooperation between the two countries.
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Iran exported $2.3 bn worth of gasoline in 19 months to March 2021
May 04, 2022 00:21Iran exported nearly $2.3 billion worth of gasoline in more than 19 months to March 2021 despite sanctions imposed by the United States.
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Putin retaliates as EU prepares sanctions on Russian oil
May 03, 2022 08:51Russian President Vladimir Putin has signed a decree on retaliatory economic sanctions in response to the "unfriendly actions of certain foreign states and international organisations".
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Iran’s petrodollars fully recovered, oil output back to pre-sanctions Level: CBI chief
Apr 28, 2022 02:19Iran has managed to restore its oil production to the pre-sanction levels and the country is earning all of the money from the crude it is exporting, Governor of the Central Bank of Iran (CBI) Ali Salehabadi said.
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IRGC Navy captures fuel smugglers in SE Iran
Apr 24, 2022 02:44The Islamic Revolution Guards Corps (IRGC) Navy forces confiscated three hauls of contraband fuel in Iran’s southeastern waters, arresting the smugglers.
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Explosion at illegal oil refining depot in Nigeria kills over 100
Apr 23, 2022 14:23An explosion at an illegal oil refining depot in Nigeria's Rivers state killed over 100 people overnight, a local government official and the NGO Youths and Environmental Advocacy Center (YEAC) said on Saturday.