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Pompeo outlines US 'energy dominance' with Iran warning
Mar 14, 2019 03:02US Secretary of State Mike Pompeo has reportedly met with top oil executives to press them on following the Trump administration’s policy of reducing Iran’s oil exports to zero.
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Revealed: How the tobacco and fossil fuel industries fund disinformation campaigns around the world
Mar 01, 2019 05:19Disinformation is carried out in various ways and different industries or organizations contribute to this indecent practice. Journalist, Mat Hope, has addressed the issue in an article titled, " Revealed: How the tobacco and fossil fuel industries fund disinformation campaigns around the world".
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South Korea imports one-fifth of pre-sanction Iran’s oil
Feb 20, 2019 03:02South Korean companies imported $101.2 million in Iranian crude oil last month, the country’s Yonhap news agency reported on Tuesday, citing official data.
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US squeezes allies after cutting Iran’s oil to Europe
Feb 13, 2019 02:53The US is waging a new campaign to drive OPEC and non-OPEC oil producers out of Europe after cutting Iran and Venezuela out of the market with sanctions.
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Iran finds ‘very light and sweet’ oil in Abadan for first time
Jan 23, 2019 10:28Iran has discovered a new oilfield containing unspecified reserves of “very light and sweet” crude in the southwestern Khuzestan province, Minister of Petroleum Bijan Zangeneh said on Wednesday.
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Iran becomes self-sufficient in refined fuel production
Jan 11, 2019 03:01Iran has reached its goal of self-sufficiency in gasoline production. The Islamic Republic has inaugurated the third phase of the Persian Gulf Star Refinery in the southern port city of Bandar Abbas.
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Turkey resumes importing Iranian crude oil under US sanctions waiver
Jan 09, 2019 02:36Turkey has resumed imports of crude oil from Iran under waivers granted by the United States to almost all Iranian oil clients after Washington re-imposed the “toughest” sanctions ever against Tehran, trading and shipping sources say.
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Iran set for ‘big leap’ in gasoline production this week
Jan 02, 2019 03:41Iran is to mark a milestone of 100 million liters per day in gasoline production this week when the third phase of its most important refining project comes online, making the country self-sufficient in the fuel.
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Official: Iran’s oil export revenue to be bartered with imported goods
Dec 01, 2018 09:56Iran has finalized a deal with South Korea to trade oil for goods as part of a larger strategy to bypass US sanctions re-imposed on the country following Washington's unilateral withdrawal from the 2105 Iranian nuclear deal.
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Disputes emerge as oil majors prepare to discuss prices
Nov 28, 2018 16:49As the world’s biggest oil producers are preparing to meet next week to discuss production and market prices, some early signs show differences could prevent them from sealing a new deal to reduce output and boost prices.