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Iran Khodro to build 45,000 cars for world's largest bi-fuel fleet
Dec 06, 2021 08:37Iran's Ministry of Oil and Iran Khodro have signed a contract worth $20 million to produce 45,000 bi-fuel cars, expanding the world's largest fleet of vehicles running on either petrol or natural gas in the country.
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Iran Oil Ministry commits to expand CNG fleet
Dec 06, 2021 02:34The Iranian Oil Ministry has committed to provide $20 million worth of funds for production of 45,000 commercial vehicles that will run on compressed natural gas (CNG).
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Iran’s non-oil exports up 42% in March-November: IRICA
Nov 28, 2021 03:10Figures by Iran’s customs office (IRICA) shows that non-oil exports from the country rose by 42% in value terms in March-November to a total of $31.1 billion.
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American fishers want to sue big oil for killing their trade. But there’s a catch
Nov 22, 2021 12:28The environmental harm brought by rising ocean temperatures has severely undercut fishing seasons and supplies, at a steep cost to the industry. And so in response to years of setbacks, American union leaders pursued a novel strategy to reclaim lost earnings: by going after one of the culprits responsible for driving global temperatures.
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Iran insists global energy decisions must be depoliticized
Nov 17, 2021 02:39Iran’s Oil Minister Javad Owji has called for depoliticizing of energy decisions around the world as he insists that US sanctions on Iran continue to affect the global supply of energy.
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US sanctions a failure: Iran ramps up oil exports
Nov 15, 2021 09:01After taking office in August, Minister of Oil Javad Owji promised that "good things will happen in the field of selling Iranian oil in the coming months". Now some 100 days since the inauguration of the new administration, Iran has boosted its oil exports to the extent that credits Owji with having achieved his promise.
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Iran’s monthly oil export revenues at $1.3bn in Aug-Oct: Report
Nov 11, 2021 03:47A report shows that Iran has been earning an average of around $1.3 billion per month in oil exports revenues despite sanctions imposed by the United States.
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IRGC: Tanker carrying stolen Iranian oil released from detention
Nov 10, 2021 10:38An oil tanker detained by the Islamic Revolution Guards Corps has been released by court order after its cargo of stolen Iranian oil was unloaded at Bandar Abbas port, the IRGC said on Wednesday.
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One in four US senators still hold fossil fuel investments even as world burns
Nov 08, 2021 12:38Reporting reveals the households of at least 28 US senators own a combined minimum of $3.7 million and as much as $12.6 million in fossil fuel assets.
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Iran crude oil output up 0.8% in September: OPEC sources
Nov 07, 2021 04:18Latest figures by the Organization of Petroleum Exporting Countries (OPEC) show that Iran’s crude output rose slightly in September to reach 2.503 million barrels per day (bpd).