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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.
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US fossil fuel companies paying top law firms millions to ‘dodge responsibility’
Oct 11, 2021 12:11According to a “climate scorecard” published in August, over the last five years, the 100 top ranked law firms in the US facilitated $1.36tn of fossil fuel transactions, represented fossil fuel clients in 358 legal cases and received $35m in compensation for their work to assist fossil fuel industry lobbying.
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Lebanon-bound fuel tankers escorted by Iranian Navy: Commander
Oct 11, 2021 10:05The Iranian tankers carrying fuel to Lebanon have been escorted by the Naval Forces, Iran’s Navy Commander Rear Admiral Shahram Irani said.
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Iran to pay energy projects investors in crude: Minister
Oct 11, 2021 02:17Iranian Oil Minister Javad Owji says the country would seek to attract investment into major petroleum projects through a barter system involving crude.
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US officials knew of California oil spill 12 hours before cleanup began
Oct 07, 2021 07:05Records show more than 12 hours passed after American officials were notified of a sheen on the water off the coast of southern California before a response to the Huntington Beach oil spill began