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Non-oil exports Iran’s top economic priority: First VP
Jul 07, 2020 07:38The Iranian administration’s overriding priority in the economic sector for the current year is boosting the export of non-oil goods, First Vice President Eshaq Jahangiri said.
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Saudi threatens new oil-price war with OPEC members
Jul 02, 2020 14:26Saudi Arabia has issued a dire warning with OPEC members, Nigeria and Angola, warning that it would ignite an oil-price war with them unless they toe the line.
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Iran-China strategic partnership deal awaits finalization
Jul 01, 2020 04:42Iran and China have agreed to develop a 25-year roadmap for strategic partnership, with the idea first conceived in the 1990s, but the two sides have yet to finalize it for implementation.
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Iran annual petchem output nearing 100 mln tons: Minister
Jun 25, 2020 14:22Iran has opened two major petchem projects in northwest and center of the country to add some 25 million tons of capacity to its annual output.
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First VP urges rise in Iran’s non-oil exports
Jun 22, 2020 14:26Iranian First Vice-President Eshaq Jahangiri described a jump in the non-oil exports as a panacea for the country’s economic problems.
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Iran receives money for gasoline sold to Venezuela: Official
Jun 22, 2020 14:12A member of Iran’s Expediency Council said the country has received money from Venezuela for selling gasoline with five oil tankers.
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US, Saudis, allies responsible for any environmental disaster off Yemen coast: Houthi
Jun 19, 2020 04:15A member of Yemen’s Supreme Political Council has held Saudi Arabia and its regional allies, which are involved in an atrocious military campaign against the impoverished Arab country, fully responsible for a potential oil leakage from a decaying tanker in the Red Sea, and the impending environmental disaster it could cause.
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Leader admires crew of Iranian tankers that shipped fuel to Venezuela
Jun 08, 2020 15:15Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei lauded the crew of the Iranian oil tankers that carried fuel to Venezuela for their “great job”.
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Venezuela says needs more Iran fuel as US cranks up pressure
Jun 04, 2020 06:18Venezuela says it plans to import more gasoline and additives from Iran after receiving five shipments of fuel from West Asian country in the face of US sanctions.
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Huge oilfields could help Iran seize Saudi market share in China
Jun 01, 2020 15:34Given that China’s oil demand has now recovered from the COVID-19 outbreak to even higher levels than before, Iran is operating at full tilt to optimize the oil available to key ally Beijing from any and all of its fields. Principally, this involves optimizing output from the cluster of supergiant fields in the West Karoun Oil Region, attempting to increase the average recovery rate from older fields, and pushing forward on production increases from fields shared with Iraq and Kuwait.