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Iran, S. Korea discuss resumption of oil trade
Feb 18, 2022 03:08An Iranian delegation comprising oil industry and banking experts held meetings with South Korean authorities and companies in a visit to Seoul to weigh plans for the restart of sale of oil and gas condensates to the East Asian country, Iran’s Foreign Ministry spokesman said.
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Japan’s top refiner mulls resuming oil imports from Iran
Feb 18, 2022 02:24The top crude oil refiner in Japan has declared it has plans to resume oil imports from Iran amid growing interest among Asian peers to follow the suit.
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Iraqi federal court orders Kurdish government to ship all oil to Baghdad
Feb 16, 2022 09:15Iraq’s federal court has ordered the Iraqi Kurdistan government to deliver all of the oil it produces to Baghdad, dismissing an oil and gas law regulating the oil industry in the autonomous region as unconstitutional.
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Figures by OPEC sources confirm Iran oil output rose in 2021: Report
Feb 16, 2022 02:43Figures by the Organization of Petroleum Exporting Countries (OPEC) have confirmed a rising trend in Iranian oil output last year despite sanctions imposed on the country by the United States, shows a report by IRNA.
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Facts give lie to claim record oil money is being poured into green projects
Feb 13, 2022 07:47UK’s oil and gas companies have reported bumper profits, as the gas crisis raises the price at which they can sell their fossil fuels, without raising the cost of their extraction.
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Iran exported up to 1.2 million bpd of oil in January: Report
Feb 11, 2022 02:36A report shows that Iranian crude oil sales reached 1.2 million bpd in January despite the illegal sanctions imposed on Iran.
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Syria destroys most Israeli missiles fired from occupied Golan
Feb 10, 2022 09:57Russia says Syria’s air defense units have managed to destroy eight missiles fired by the illegal Zionist entity from the direction of the occupied Golan Heights.
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Iran oil and gas sector to grow 19.5% in year to March: Study
Jan 27, 2022 02:18A study by Iran’s parliament’s research center shows that Iranian oil and gas sector will grow by 19.5% in the calendar year to late March.
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Crude oil prices hit record highs after Yemeni retaliatory attacks on UAE
Jan 18, 2022 11:42Oil prices have hit their highest level since 2014 after Yemeni forces conducted a retaliatory attack deep inside the United Arab Emirates, raising supply concerns.
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American forces smuggle stolen Syrian oil to their bases in Iraq
Jan 18, 2022 09:55The US military has brought a convoy of vehicles loaded with military equipment and tanker trucks carrying stolen oil from Syria to its bases in northern Iraq.