Iran oil

President Hassan Rouhani says Tehran will be selling up to 2.9 million barrels per day of oil in the next Iranian year if the sanctions are lifted, noting that the minimum daily crude sales will stand at 2.3 million barrels even if the sanctions remain in place.

Iran’s president says the world should know that the country will sell its oil next year.

Iran has inaugurated several major petrochemical projects, taking yet another step toward meeting domestic needs.

The Iranian petroleum minister says the country’s crude production did not halt even a single day despite the coronavirus outbreak and the sanctions.

The Iranian petroleum minister says Tehran welcomes barter trade in the oil sector now that the country is under the harshest sanctions ever.

Iranian President Hassan Rouhani on Monday inaugurated three national large projects in the oil, gas and petrochemical industries.

The Iranian president’s chief of staff says none of the oil tankers that have been recently confiscated by the US belongs to Iran, noting that their cargo had been already sold.

The Iranian oil minister says the shipment that the United States claims has seized contained Iranian petrol sold to customers.

Iran's ambassador to Venezuela has denied media reports that the US has seized Venezuela-bound oil tankers belonging to the Islamic Republic.

The Islamic Republic of Iran is to turn its Jask port in the south of the country into a major hub of oil exports.

An Iranian official says China is the only country which officially buys oil from the Islamic Republic of Iran despite the US sanctions.

Iran’s First Vice President Es’haq Jahangiri has described a surge in the export of non-oil products as a top priority in the administration’s economic policy, calling on all governmental and private sectors to contribute to the promotion of non-oil exports.

A special envoy of president of Venezuela has visited Tehran to express his country’s gratitude to Iran for freighting several consignments of gasoline and supporting the Latin American nation in the struggle with the US imperialism.

The Iranian president says the national pipeline project launched on Thursday to carry oil as an alternative route for the Strait of Hormuz serves as an important message to those that have imposed sanctions on the country.

The Iranian president says Iran is building a major pipeline to transferring oil from west of the Persian Gulf to its east, cutting dependence on Hormuz Strait for oil exports.

Iranian Petroleum Minister Bijan Namdar Zangeneh and his Iraqi counterpart Ihsan Abdul Jabbar have discussed the ways to promote cooperation between the two neighbours in the oil industry.

Iran says as long as Tehran and Caracas are determined to do business with each other, the mutual exchanges will definitely continue, and those who seek to disrupt the trade ties must know troubles can be created for them too.

TEHRAN (Tasnim) – Commander of the Islamic Revolution Guards Corps (IRGC) Major General Hossein Salami said Iran has exhibited its power by sending oil tankers to Venezuela.

A huge fire at Tehran's oil refinery has left a staff member killed and another worker injured, an Iranian official says.

Iran says the country’s top priority is to put aside the oil and just depend on non-oil revenues to handle the country’s economic issues.

The fourth Iranian tanker, named Faxon, has entered the Venezuelan waters to deliver much-needed gasoline to the fuel-starved country.

As Iran’s third oil tanker sails into the Venezuelan waters to deliver its much-needed gasoline cargo, the Iranian envoy to the South American country dismisses the claims that Tehran has received nine tonnes of gold from Caracas in exchange for the fuel.

After escorting the first Iranian tanker Fortune, the Venezuelan army has released footage of escorting the second vessel, named Forest, carrying gasoline to the fuel-starved country.

The second Iranian oil tanker, named Forest, has entered the Venezuelan waters to deliver its much-needer gasoline cargo.

The first of five tankers carrying Iranian gasoline to Venezuela has arrived in the Latin American country despite the US threats.