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Iran eyes 1 mln bpd of oil output in fields shared with Iraq: Minister
Feb 16, 2020 06:57Iran is seeking to exponentially increase output from oilfields shared with Iraq, says the country’s oil minister, as the Arab country goes on with massive development plans in a field located near the Iranian border.
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US to exempt Iraq from sanctions against Iran, Iraqi officials say
Feb 10, 2020 14:43The United States has announced to Iraq its readiness to renew sanctions waivers allowing the country to continue importing gas and electricity from Iran, Iraqi officials say.
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Iran signs $1.4bn deal to develop two oilfields
Feb 09, 2020 06:53An Iranian energy engineering conglomerate has been awarded with a deal worth $1.4 billion to develop two oilfields southeast of the country.
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China to continue buying oil from Iran: Envoy
Feb 06, 2020 06:17Chinese Ambassador to Iran Chang Hua reiterated his country’s support for Iran against the US sanctions and said the East Asian nation is the only country that buys oil from the Islamic Republic.
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Iranian research center obtains expertise for desulfurization of mazut
Jan 31, 2020 06:45Head of a leading Iranian oil research center says it has mastered the technical capability to reduce the sulfur content of mazut, a heavy oil product which is being manufactured in the country in large volumes.
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Oil tanker catches fire off UAE coast
Jan 29, 2020 19:16An oil tanker has caught fire in the Persian Gulf near the coast of the United Arab Emirates but there is no information available on what caused the incident.
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Non-oil exports boosting Iran’s incomes: President
Jan 23, 2020 06:44Iran’s national income has gone up thanks to a rise in the exports of non-oil goods, President Hassan Rouhani said on Wednesday.
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Iran first OPEC nation to produce, export oil processing catalysts: Manufacturer
Jan 22, 2020 05:50Iran has become the first member state of the Organization of the Petroleum Exporting Countries (OPEC) that can produce and export sophisticated catalysts used in oil and gas processing.
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Official: Iran to announce discovery of new oil field soon
Dec 24, 2019 13:52The National Iranian Oil Company (NIOC) expects to announce the discovery of a new oil field in Khuzestan province before the end of the current Persian year in March 2020, a NIOC official says.
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Iran warns of US plot to control Syria’s oil
Dec 19, 2019 13:31President Hassan Rouhani lashed out at the US government for its attempts to gain control of Syria’s oil resources, calling for closer cooperation among Iran, Turkey and Syria to implement the Astana Peace Process.