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Iran launches new power plant in southern energy hub of Asaluyeh
Jun 05, 2020 01:14Iran has launched a first phase of a major power plant in the country’s main hub for producing natural gas.
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Venezuela says needs more Iran fuel as US cranks up pressure
Jun 03, 2020 09:50Venezuela says it plans to import more gasoline and additives from Iran after receiving five shipments of fuel from the Islamic Republic in the face of the illegal US sanctions.
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Iran manages to cut power distribution losses to below 10 percent
Jun 03, 2020 02:28Iran Energy Ministry says losses in the country’s electricity distribution network has been cut to below 10 percent, a first in the history of the country and a major achievement when it is compared with other developing nations in the world.
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US sanctions amid pandemic reach brink of crime against humanity: Iran
Jun 03, 2020 00:48Iran’s ambassador to the United Nations says Washington has crossed the red lines of economic and medical terrorism by continuing to impose sanctions on various countries amid the coronavirus pandemic, and reached the brink of "crime against humanity."
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Huge oilfields could help Iran seize Saudi market share in China
Jun 01, 2020 11:04Given 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.
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Long lines as Iranian fuel arrives at Venezuela’s gasoline stations
May 31, 2020 07:15Fuel shipped from Iran has begun arriving at Venezuela’s gasoline stations as the fifth cargo of an Iranian flotilla approached the Caribbean Sea and was expected to reach Venezuelan waters Sunday.
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US threatens to impose sanctions on countries aiding Iran and Venezuela
May 31, 2020 02:10The administration of US President Donald Trump has threatened to impose sanctions on the countries assisting Iran and Venezuela to do fuel trade.
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Iran will take 'legal, practical' steps against US revocation of sanctions waivers
May 31, 2020 01:15Iran has roundly condemned the United States’ latest decision to end the sanctions waivers in a landmark nuclear deal signed between the Islamic Republic and world powers in 2015, vowing to take "necessary practical and legal" steps to counter the negative impacts of the move.
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Syria decries European Union’s hypocrisy after sanctions prolonged for another year
May 29, 2020 03:18Syrian Ministry of Foreign Affairs and Expatriates has censured the European Union (EU) over prolonging its sanctions against the war-ravaged Arab country for another year, stating such measures expose the hypocrisy of the bloc and spurious statements of its officials.
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Iran says US must show respect or keep humiliating itself
May 29, 2020 01:49Iran's Foreign Ministry spokesman says the United States must admit defeat and start respecting the Iranian nation instead of further humiliating itself.