The latest news and views about the Iranian oil industry
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The Governor of the Central Bank of Iran says the Islamic Republic has successfully conquered the peak of resistance and the exports of Iran’s oil is on the rise despite the US bid to bring them down to zero.
Iran’s Oil Minister Bijan Namdar Zanganeh has said that the European states have not still guaranteed the purchase of Iranian oil amid the US sanctions on the Islamic Republic’s oil industry.
Iranian Oil Minister Bijan Zanganeh says today's conditions are harder than those of the wartime, because at the time of war Iran did not have problem in oil exports.
The visit of Japanese Prime Minister Shinzo Abe to Tehran amid the current heightened tensions in Iran-US relations serves as a reminder of a historic move by Japan’s government in the years after the World War II to circumvent the brutal sanctions imposed by the Great Britain on Iran’s national oil industry, an op-ed by Iranian newspaper Shargh said.
Iran’s oil minister says Tehran is going to remain a member of the Organization for Petroleum Exporting Countries (OPEC) even though some members have joined the United States in using oil as a weapon to put pressure on Iran as one of the founders of the organization.
Iran’s first vice president says the country’s reliance on oil revenues has reduced significantly due to the hard efforts made over the recent years.
Iran's Foreign Ministry spokesman has rejected a report by Reuters regarding the country's condition for staying in the Iran nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA).
Iran’s Ambassador to London says the US will grant waivers to Iraq for economic cooperation with the Islamic Republic if Baghdad signs an oil deal with the US.