U.S. conducts largest-ever seizure of Iranian oil
WASHINGTON (Bloomberg) –The U.S. seized four tankers carrying Iranian oil bound for Venezuela in violation of sanctions, the Justice Department announced. The four tankers were…
Iran Expands Oil Production Capacity
Iran is taking a step that would seem counterintuitive in an environment of subdued demand for oil and oil products: it is boosting its oil…
Iran inks $460 million oil deal, anticipating an end to sanctions
Iran is expanding its oil-production capacity in anticipation that an eventual end of sanctions would allow it to wrest back its share of the global…
Iran Cuts Oil Production to Minimum in Forty Years
Iran has reduced oil production to a minimum over the past 40 years amid almost full storage facilities due to the consequences of the coronavirus…
Present and Potential Dynamics of China’s Energy Policy with Tehran and Riyadh
The continuation of sanctions and the reduction of Iran’s oil share in the world market have caused many problems for all sectors of Iran’s energy…
OPEC, non-OPEC agreement accessible before april
Iranian Minister of Petroleum Bijan Zangeneh says OPEC+ could reach an agreement to consider deeper cuts in the group’s output before the end of March….
Iran Launches Uncompleted Gas Project Citing Suspiciously High Production
Iran’s Oil Ministry officially opened four new phases of the South Pars gas field March 17, citing production and investment figures that don’t add up….
India wants Iranian Chabahar port exempted from US sanctions
Southern Iranian port of Chabahar has posed a dilemma for the United States policy makers who are seeking to implement sanctions on Tehran. The southern…
15 Petchem Projects in Iran will be operational in 5 Years
Until eight years ago, everyone was worried about incomplete petrochemical projects. But today, the same projects are offering a variety of petrochemicals, which largely contribute…
Iran’s exports to Korea, Turkey drop in H1
Iran’s exports to South Korea and Turkey has decreased by 61% and 21% respectively in the first half of Iranian fiscal year (Mar. 21 –…