Deputy Foreign Minister Abbas Araqchi says the European financial mechanism has political value but that it needs to meet Iran’s needs to be a fruitful solution.
News ID: 5065 Publish Date : 2019/07/08
The 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, according to a report.
News ID: 5022 Publish Date : 2019/07/04
Russian daily oil output rose in June to 11.15 million barrels per day, up from 11.11 million bpd in May, still below the amount agreed in a global deal to cut production, the country’s energy ministry data showed on Tuesday.
News ID: 5018 Publish Date : 2019/07/04
Glencore plans to reduce the number of subsidiaries based in so-called tax havens as the commodities giant seeks to improve transparency.
News ID: 5002 Publish Date : 2019/07/02
Iranian Oil Minister Bijan Zangeneh met with the OPEC President Manuel Quevedo, who is also Venezuelan Oil Minister, in Vienna ahead of the organization’s 176th Meeting later on Monday.
News ID: 4992 Publish Date : 2019/07/02
Norway’s Finance Ministry has asked the government’s $1 trillion fund—the world’s biggest sovereign wealth fund—to recommend a schedule for phasing out its investments in pure exploration and production energy companies.
News ID: 4984 Publish Date : 2019/07/02
Norway’s Finance Ministry has asked the government’s $1 trillion fund—the world’s biggest sovereign wealth fund—to recommend a schedule for phasing out its investments in pure exploration and production energy companies.
News ID: 4983 Publish Date : 2019/07/02
The National Iranian Oil Company (NIOC) announced on Sunday that it is due to offer 2 million barrels of crude oil in the international ring of the Iran Energy Exchange (IRENEX) on Tuesday, in a move to bypass Washington’s unilateral sanctions against Tehran.
News ID: 4947 Publish Date : 2019/06/30
Kermanshah Oil Refinery has taken several measures to reduce its environmental pollutants and become one of the leading Iranian refineries for promoting environmentally sound practices in recent years, the secretary-general of Oil Refining Industry Cooperative Association said.
News ID: 4944 Publish Date : 2019/06/30
Iran has delivered the first crude oil to a Chinese refinery complex since the United States removed all sanction waivers for Iranian oil customers as of May.
News ID: 4943 Publish Date : 2019/06/30
Russian President Vladimir Putin said he agreed with Saudi Crown Prince Mohammed bin Salman to extend the OPEC+ deal at current production levels for the rest of this year and potentially into early 2020.
News ID: 4942 Publish Date : 2019/06/30
China does not support US policy on eliminating Iran's oil exports, the director-general of the Department of Arms Control at the Chinese Foreign Ministry stated on Friday.
News ID: 4937 Publish Date : 2019/06/29
A senior Iranian legislator underlined the necessity for the European states to help Iran stand against the US sanctions by buying its crude and facilitate banking transactions, as part of their obligations under the nuclear deal.
News ID: 4936 Publish Date : 2019/06/29
The National Iranian Drilling Company (NIDC) successfully spudded 28 oil and gas wells over the first three months of the current calendar year, which began on March 21.
News ID: 4906 Publish Date : 2019/06/25
Construction of platforms 7 and 8 of Hendijan offshore oilfield has made 90 percent progress
News ID: 4905 Publish Date : 2019/06/25
An Iranian lawmaker said the country’s security forces have captured a female spy who had infiltrated into the Oil Ministry.
News ID: 4903 Publish Date : 2019/06/25
Oil tanker owners are raising the prices they charge to export Middle East crude as tensions surge in a region that accounts for about a third of all seaborne petroleum shipments.
News ID: 4899 Publish Date : 2019/06/25
International cooperation on crude production has helped stabilize oil markets and is more important now than ever, Russian Energy Minister Alexander Novak said Monday.
News ID: 4898 Publish Date : 2019/06/25
Crude and condensate in long-term floating storage hit its highest since August 2017 in May at 24 million barrels, as US sanctions against Venezuela and Iran hindered the ability of the OPEC members to export, data from analytics firm Vortexa showed.
News ID: 4882 Publish Date : 2019/06/23
The main index of Tehran Stock Exchange TEDPIX lost 1,000 points or 0.43% on Tuesday to end trading day at 237,148 points.
News ID: 4847 Publish Date : 2019/06/19