-
Venezuela military to escort Iranian fuel tankers: Defense minister
May 21, 2020 02:45Venezuela's military will escort Iranian tankers delivering fuel to the gasoline-starved nation as soon as they enter the South American country's exclusive economic zone, Defense Minister Vladimir Padrino said.
-
Iran oil sector avoided layoffs during pandemic: Minister
May 20, 2020 00:55Iranian Oil Minister Bijan Namdar Zanganeh says the massive oil industry in the country has managed to survive the economic impacts of the new coronavirus pandemic without laying off a single worker.
-
Iran ready for worst-case scenario in faceoff with US, all options considered: Spokesman
May 18, 2020 09:26The spokesman for Iran’s government says the Islamic Republic is ready for the worst-case scenario in its current confrontation with the US over Iranian tanker ships delivering oil to Venezuela, stressing that Tehran-Caracas relations are no other countries’ business.
-
Iran cautions US against ‘foolish action’ on Venezuela-bound oil tankers
May 18, 2020 09:08Iran’s Foreign Ministry spokesperson warned the US to refrain from any foolish action against the Iranian oil tankers that are carrying fuel to Venezuela, stressing that there is no legal restriction to the legitimate trade between Tehran and Caracas.
-
Advocates eyeing post-pandemic world say green hydrogen’s time has come
May 17, 2020 06:08Hydrogen has long been touted as a clean alternative to fossil fuels. Now, as major economies prepare green investments to kickstart growth, advocates spy a golden chance to drag the niche energy into the mainstream of a post-pandemic world. Green hydrogen was pushed to the fore recently when Fatih Birol, Head of the International Energy Agency, said the technology was “ready for the big time” and urged governments to channel investments into the fuel.
-
Iran’s fuel shipment to Venezuela guaranteed by its missile power
May 17, 2020 01:20Iran is shipping tons of gasoline to Venezuela in defiance of US sanctions on both countries in a symbolic move guaranteed by Tehran’s missile prowess.
-
Iran’s oil industry fights on as virus, US sanctions bite
May 13, 2020 03:33Iran’s oil rig count has risen by 20 units even as major producers across the world, especially the US oil and gas industry, are stepping heavily on the brake pedal and reducing drilling at record speed because of the new coronavirus.
-
Saudi Arabia to impose austerity measures amid coronavirus crisis, oil collapse
May 11, 2020 08:06Saudi Arabia is set to suspend a cost-of-living allowance for state employees and increase value added tax (VAT), amid a slump in oil prices and the coronavirus crisis.
-
Oil crisis, coronavirus taking toll on MBS
May 07, 2020 10:07The coronavirus pandemic coupled with a dramatic fall in oil prices is taking its toll on the leadership of Saudi Arabia's heir apparent Mohamed bin Salman (MBS), a new analysis shows.
-
Baseless US claims aim to obstruct Venezuela's oil plans amid sanctions: Iran
May 01, 2020 10:18Foreign Ministry has dismissed "baseless" allegations made by an American diplomat about the Islamic Republic's trade ties with Venezuela, saying such claims are aimed at creating obstacles in the way of the South American country's plans in the oil sector amid the cruel US sanctions.