-
Fire breaks out at distillation unit in Syria’s Homs refinery
May 09, 2021 12:08Syrian firefighters are working to extinguish a blaze that broke out at a distillation unit of the main oil refinery in the western city of Homs, with no reports of casualties in the incident.
-
Moscow: US has no right to criticize Russia’s legitimate presence in Syria
May 06, 2021 10:36Russia has sharply dismissed America’s criticism of Moscow’s role in Syria, saying the United States, which maintains an illegal presence in the Arab country, is in no position to comment on the Russian presence there, which comes at the request of the legitimate government in Damascus.
-
Tanker collision spilled 400 tons of oil off China coast: Authorities
Apr 29, 2021 12:11Around 400 tonnes of oil spilt into the Yellow Sea after a tanker collided with another ship off China's largest crude-receiving port earlier this week, maritime authorities said Thursday.
-
Firms in Iran on stand-by to ramp up oil production
Apr 27, 2021 14:43Largest oil producing company in Iran says it is ready to raise production to levels above its output in 2018 when the US illegally targeted the Islamic Republic’s oil industry with the most aggressive sanctions ever.
-
Oil extend losses into 3rd day on US stock build, pandemic fears
Apr 22, 2021 10:13Oil prices extended their losses into a third day on Thursday as a surprise build-up in US crude inventories and a resurgence of COVID-19 cases in India and Japan fuelled fears that a recovery in global economy and fuel demand may be stalled.
-
Russia, Iran and Syria working to secure oil, wheat shipments to the West Asian country
Apr 18, 2021 14:54Iran, Russia and Syria have established an operations room to secure a safe and stable flow of oil supplies, wheat and some other essential materials to the West Asian country via the Mediterranean, private sources have revealed to Sputnik Arabic.
-
Majority of voters want government to rein in Wall Street’s climate destruction: Poll
Apr 16, 2021 08:35Recent studies have shown that Wall Street is a primary driver of the climate emergency. The world's 60 largest banks have poured more than $3.8 trillion into the fossil fuel industry since the Paris agreement was signed in 2015.
-
Oil hits one-month highs as IEA, OPEC raise forecasts
Apr 15, 2021 10:57Oil prices increased on Thursday to the highest level in almost a month, after rising 5% in the previous session.
-
OPEC says Iran raised crude oil output in March by 6.3%
Apr 15, 2021 05:45Iran increased its crude oil output in March by 6.3%, according to latest data by the Organization of Petroleum Exporting Countries (OPEC), as the country moves to offset cuts to production suffered in recent years because of US sanctions.
-
Iran’s gasoline exports rose nearly 5-fold in year to March
Apr 11, 2021 05:31Iran’s customs office (IRICA) has posted a record five-fold increase in the value of the country’s gasoline exports for the year to late March.