Iranian Oil Minister Bijan Zanganeh has called on the Organization of the Petroleum Exporting Countries to resist calls from Washington to change its output policies, saying that OPEC is not a subordinate of the White House.
US President Trump’s decision to pull the US out of the Iran nuclear deal has reinstated a number of sanctions that have put the petrodollar under threat.
Iran is investing efforts to maintain its oil production and exports at current levels following the US pull-out from the nuclear pact that is to restore US anti-Iran sanctions, the petroleum minister said.
EU Commissioner for Energy and Climate Miguel Arias Canete says Iran and the EU will form a joint working group to address challenges confronting Iran’s oil trade.
The British consortium Pergas has signed the first international oil contract with Iran after US President Donald Trump unilaterally withdrew the US from the Iran nuclear deal.
Iranian Oil Minister Bijan Zanganeh says if French energy giant Total decides to exit the Iran South Pars 11 (SP11) gas field development, a Chinese company is ready to replace it.
After long debates over the naming of an important part of Tehran after Iran’s most famous prime minister, the City Council finally changed Tehran’s Naft (oil) street to Mohammad Mosaddeq, the man who nationalized Iran’s oil industry.
Iranian Foreign Minister Mohammad Javad Zarif and his Senegalese counterpart Sidiki Kaba have conferred on expansion of bilateral ties in various fields, particularly oil and gas cooperation.
Iran will sign three oil deals before the end of the current Persian year this month which will include operation of the fields for 20 years, Managing Director of the National Iranian Oil Company (NIOC) said on Saturday.
Chinese rescuers have recovered the bodies of two crew members on an Iranian oil tanker that has been burning since it collided with a freighter last week in the East China Sea.
Iranian maritime officials have slammed the Chinese for not doing enough to save the Iranian crew on board an oil tanker which caught fire after colliding with a cargo ship.
An Iranian oil tanker, which caught fire after colliding with a bulk freighter off China's east coast, is giving off poisonous gases, hindering rescue work there, the managing director of the National Iranian Tanker Company (NITC) said.
32 people including 30 Iranians and 2 Bangladeshi crew have gone missing after an Iranian oil tanker collided with a bulk freighter and caught fire off China's eastern coast.
An Iranian lawmaker says the member states of Organization of Petroleum Exporting Countries have decided to renew a deal to freeze their oil output with the aim of keeping their production at the current level.
A senior Iranian lawmaker says US President Donald Trump’s recent remarks about an embargo against Iran’s crude oil lack legal credibility and violate the nuclear deal between Tehran and world powers.
An Iranian lawmaker says the Oil Ministry is showing tolerance vis-à-vis the French oil giant Total given the firm’s indicating that it might rethink its agreement with the ministry.
Singapore's Berlanga have signed a Memorandum of Understanding (MoU) with the National Iranian Oil Company (NIOC) to conduct field studies on development of Iran's Dalpari Oilfield.
Japan used to be a major customer of Iran’s energy market but the country drastically reduced its energy imports during the years that Tehran was under international sanctions. However, with the removal of the sanctions, Japan has once again joined the main importers of Iran’s energy.
