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Iran’s NIDC drills 41 oil, gas wells in 4 months
Jul 30, 2019 08:00The National Iranian Drilling Company (NIDC) has successfully spudded 41 oil and gas wells since March.
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UK, Gibraltar discuss seized oil tanker amid row with Iran
Jul 18, 2019 03:08British Prime Minister Theresa May has held talks with Gibraltar Chief Minister Fabian Picardo about an Iranian-owned oil tanker that was illegally seized by British marines two weeks ago, amid pressure on London to release the vessel.
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Iran ready to invest in major Indian refinery: Ambassador
Jul 18, 2019 01:43Iran’s ambassador to India has said that his country would not halt planned investment in a major Indian refinery despite US sanctions that have affected the country’s oil incomes.
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Oil minister: Sanctions unable to halt Iranian crude exports
Jul 16, 2019 09:16Iranian Oil Minister Bijan Namdar Zanganeh underlined that the US sanctions have failed to stop Iran's oil supplies to other countries.
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It’s always about the oil
Jul 15, 2019 04:48The greed for hydrocarbon resources drives the US to commit crimes against humanity by employing all terrorist plots including sedition, economic sanctions, wars and bloodshed.
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Iran signs $6.2bn worth of contracts to increase oil output by 280,000 bpd
Jul 11, 2019 01:55Iran has awarded dozens of contracts worth $6.2 billion to domestic companies to have oil production increase by 280,000 barrels per day (bpd) as part of a plan entitled “The extra-output scheme”.
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Iran to sign first contract to barter oil for restoration of power plant
Jul 11, 2019 01:42Iran is to sign a contract with a Japanese company for restoration of power plant which will be financed through a barter mechanism involving Iran’s oil.
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Iran offers 3-year oil futures to ‘powerful’ buyers
Jul 10, 2019 01:15Iran has announced that it will allow oil futures contracts for certain international buyers as it seeks to offset the impacts of US sanctions on its supply to the global markets.
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US, not Iran, threatens world's energy security: Minister
Jul 08, 2019 02:20Iran's oil minister says the world's energy supply is threatened by the United States, not Iran which is a major guarantor of energy stability and peace in the region.
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US weighing extension of Iran oil waiver after China's defiance
Jul 04, 2019 02:44The US State Department is seriously considering using an Obama-era loophole to allow China to import oil from Iran, violating the Trump administration’s earlier pledge to bring Iranian oil exports down to zero, a report said.