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Irked by Iran’s growing oil sales, US resorts to piracy: Report
Nov 04, 2021 03:02The United States has resorted to pirating Iranian oil cargoes as it has failed in its various attempts to cut the country’s oil exports to zero through its regime of sanctions, says an analysis published in the Iranian media just after reports showed that Iranian military forces had prevented one such piracy attempt in the Sea of Oman.
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Oil minister thanks IRGC forces for rescuing Iranian oil from American pirates
Nov 03, 2021 11:31Minister of Petroleum personally has thanked the Islamic Revolution Guards Corps (IRGC) for rescuing an oil cargo from "American pirates."
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Iran to resume fuel exports in next two weeks: Minister
Nov 03, 2021 03:08Iran’s Oil Minister Javad Owji says exports of petroleum products from the country including fuel will resume within the next two weeks amid plans by the refiners to ramp up output to respond to a growing domestic demand and to increase overseas shipments.
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Shell and BP paid zero tax on North Sea gas and oil for three years
Nov 01, 2021 12:31Shell and BP, which together produce more than 1.7bn tonnes of greenhouse gases a year, have not paid any corporation tax on oil and gas production in the North Sea for the last three years.
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Sustainable energy supply crucial to Iran’s economic growth: President
Oct 25, 2021 08:02Sustainable supply of energy is absolutely necessary in order for the Iranian economy to grow, President Seyyed Ebrahim Raeisi said, asking various organizations to come up with proposals to improve consumption standards.
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Afghans willing to buy Iranian oil
Oct 25, 2021 05:13Head of Afghanistan’s Chamber of Commerce and Investment (ACCI) expressed the Afghan traders’ willingness to purchase oil from Iran.
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Iran to focus on developing oilfields near Iraqi border: NIOC
Oct 25, 2021 02:08The National Iranian Oil Company (NIOC) will focus on developing oilfields near the border with Iraq, says the company’s CEO, as Iran plans to increase its crude output regardless of foreign sanctions affecting exports.
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China 'teapots' eye Iranian crude in fresh buying frenzy
Oct 21, 2021 02:57China's independent refiners, also known as teapots, are set to ramp up crude oil purchases from Iran as they seek to use import quotas before they expire in less than three months, a report says.
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Yemen suffering from ‘systematic looting’ of oil wealth by Saudi-led coalition mercenaries: Yemen Petroleum Company
Oct 20, 2021 15:13The Yemen Petroleum Company (YPC) says member countries of the Saudi-led coalition waging war against Yemen are looting the impoverished country's oil reserves, urging the UN to take action to alleviate the sufferings of Yemeni people.
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Iran mulls selling crude to domestic private buyers
Oct 17, 2021 03:24The National Iranian Oil Company (NIOC) is considering plans to sell crude oil for a first time to private buyers inside the country as the company seeks to maximize output and sales to meet revenue targets set by the government.