Iran oil

Iran has warned the United States against any interference with the transfer of fuel by Iranian tankers to Venezuela.

The US Navy has sent its P8-Poseidon patrol aircraft from the VP-26 Tridents as well as four warships to the Caribbean region for possible encounter with a group of Iranian super-tankers moving fuel to Venezuela, a report says.

Iran’s government spokesman says shares of four refineries will begin to be offered to the public soon.

Iran’s First Vice President says the coronavirus took severe revenge on the countries that sought to harm the Islamic Republic by imposing sanctions on the Iranian oil.

An analyst says recent developments indicate the world economy will no longer be dependent on oil revenues in the future.

Iranian oil minister says the OPEC alone cannot solve the problem of the oil market, noting that resolution of the oil market issues requires global cooperation.

The dramatic plunge in oil prices would not have a huge impact on Iran’s economy, since the country was already prepared for such conditions under the pressure of American sanctions, First Vice President Es’haq Jahangiri says.

The Iranian petroleum minister says Iran, along with Libya and Venezuela, has been exempted from cutting oil output as they are under sanctions.

Oil prices crashed on Monday by around 30% in what analysts are calling the start of a price war.

Iranian Petroleum Minister Bijan Zangeneh says an OPEC meeting on Friday was one of the group’s “worst ever” after it failed to reach an agreement on more oil cuts.

Iranian Minister of Petroleum Bijan Zangeneh says the Iranian energy company Petropars is now developing the Phase 11 of South Pars Gas Field alone after China’s CNPC International and France’s Total fully abandoned the project.

The knowledge-based companies from the Islamic Republic of Iran are going to take part in the Oman Petroleum & Energy Show (OPES) in March 2020.

Iranian researchers at the University of Isfahan have conducted a study on removing sulfur from petroleum compounds, as a major step towards better automotive performance.

A group of Iranian researchers have manufactured ultra-cold tanks used to store refined oil and its derivatives after purification.

Minister of Transport and Roads of the Kyrgyz Republic has voiced his country’s willingness to import oil from Iran and export foodstuffs to the Islamic Republic.

Iranian authorities say a major leak that has taken place off an oil rig in the Persian Gulf waters is being contained as they insist more work would be needed to stanch the expanding spill.

The Namavaran oilfield recently discovered in Khuzestan Province, south-west of Iran, is the country's second largest reservoir, Iranian Minister of Petroleum Bijan Namdar Zangeneh said.

The Iranian president says a large new oil field with proven reserves of 53 billion barrels of crude has been discovered in the country.

Researchers at the University of Tehran have managed to identify and introduce native plants that can be used in refining the contaminated soil of oil-rich Gachsaran County in southern Iran.

Iranian Foreign Minister Mohammad Javad Zarif says the recent attack on the Iranian tanker SABITI has been carried out by one or more governments based on the information received.

Iran’s Vice Presidency for Science and Technology has signed a Memorandum of Understanding with the Ministry of Petroleum for the purpose of using nanotechnology-based products and services in the country’s petroleum industry in order to meet the needs of the industry.

Iran says that its oil tanker hit by two missiles on Friday morning in the Red Sea near the Saudi port city of Jeddah is on the way back home and would arrive in Iran within 9 or 10 days.

Iran’s top security official has slammed as “piracy” the recent attack on an Iranian oil tanker in the Red Sea, saying evil acts in international waters will not go unanswered.

Iran’s Government Spokesman Ali Rabiei says Tehran is carefully looking into the recent tanker accident in the Red Sea without any haste.

Iranian Foreign Ministry Spokesman Seyyed Abbas Mousavi has described an attack on the Iranian oil tanker SABITI in the Red Sea as “a dangerous adventure”, warning that all the responsibilities fall on those behind it.