Updated in: 28 February 2024 - 12:38
oil

Official: Iran Produces 85% of Needed Oil Industry Equipment

TEHRAN (Defapress) - Chairman of the board of directors of the Iranian Oil Industry Equipment Manufacturers Association Majid Mohammadpour said that the country is now capable of manufacturing 85% of oil industry equipment despite the harshest sanctions in the past four decades.
News ID: 82812    Publish Date : 2020/12/27

US Oil Companies Cutting Production Faster Than Expected

TEHRAN (defapress) - The United States is on track to cut 1.7 million barrels of oil production per day, according to Reuters calculations of state and company data shared on Thursday.
News ID: 81042    Publish Date : 2020/05/08

Oil Prices Grow After OPEC+ Deal Comes into Effect

TEHRAN (defapress) - The prices for Brent crude and WTI prices extended gains on Friday, as the hard-fought OPEC+ deal took effect on Friday
News ID: 80978    Publish Date : 2020/05/01

Oil Minister:

Iran Outstrips Qatar in Gas Extraction from Joint Field

TEHRAN (defapress) – Iranian Oil Minister Bijan Namdar Zanganeh said the country’s daily extraction of natural gas from the South Pars gas field has overtaken Qatar’s daily output from the joint field.
News ID: 80116    Publish Date : 2020/02/05

FM Zarif Blasts Washington for Blackmailing Iranian Oil Tanker's Captain

TEHRAN (defapress)- Iranian Foreign Minister Mohammad Javad Zarif lashed out at the US for attempts to blackmail the Indian captain of Iran's oil tanker Adrian Darya 1, after failure in piracy against the vessel.
News ID: 78601    Publish Date : 2019/09/05

FM:

Iran to Continue Oil Sales despite US Obstacles

TEHRAN (defapress)- Iranian Foreign Minister Mohammad Javad Zarif underlined his country's capability to sell oil despite the US attempts to rock the boat.
News ID: 78600    Publish Date : 2019/09/05

Zanganeh:

No Country Can Replace Lost Iranian Oil

TEHRAN (defapress) – Iranian Oil Minister Bijan Namdar Zanganeh rejected claims that Saudi Arabia and the United Arab Emirates can replace the reduced share of the Islamic Republic in the global oil market, saying no country can do that because of the “fragile” market.
News ID: 77696    Publish Date : 2019/06/08

Iran’s non- oil exports to Pakistan hits record high

TEHRAN (defapress) – Iran’s export value of non- oil products to Pakistan in the last Iranian calendar year (ended March 20, 2019) hit $1.247 billion, showing a considerable 36 percent hike as compared to the same period the year before.
News ID: 77171    Publish Date : 2019/05/02

Iranian oil min:

US sanctions on Iran, ‘hostility of US govt. with Iranian nation’

TEHRAN (defapress) – Iranian Minister of Oil Bijan Namdar Zanganeh said on Fri. that US reimposition of sanctions against Iran means the hostility of US administration with the Iranian nation.
News ID: 77047    Publish Date : 2019/04/26

Spokesman:

No Country Allowed to Replace Iran in Oil Market

TEHRAN (defapress)- Iranian Foreign Ministry Spokesman Seyed Abbas Mousavi on Thursday deplored the Saudi and Bahraini governments for supporting the US sanctions against Tehran, stressing that the country will not allow other states to take its place in the oil market.
News ID: 77037    Publish Date : 2019/04/25

Oil Price Hits Fresh 2019 High After US Ends Waivers for Importing Iran Oil

TEHRAN (defapress)- Brent crude oil price on Tuesday rose to its highest level this year, just hours after Washington decided not to renew waivers that allow eight countries to buy Iranian oil without facing the United States' punishment.
News ID: 77000    Publish Date : 2019/04/23

senior MP:

Iran’s oil sales not to drop to less than 1m bpd

TEHRAN (defapress) – Chairman of National Security and Foreign Policy Commission of Iranian Parliament Heshmatollah Falahatpisheh noted that Iran’s export of crude oil will not be reduced to less than one million barrels per day.
News ID: 76992    Publish Date : 2019/04/23

Oil Near 2019 Highs after US Ends All Iran Sanction Exemptions

TEHRAN (defapress) – Oil prices were near 2019 highs on Tuesday after Washington announced all Iran sanction waivers would end by early May, pressuring importers to stop buying from Tehran.
News ID: 76986    Publish Date : 2019/04/23

US Announces End to Iran Oil Import Waivers

TEHRAN (defapress) – The Trump administration announced that all countries that continue to import Iranian oil will be subject to US sanctions.
News ID: 76984    Publish Date : 2019/04/23

Oil Minister Warns US against Continued Pressure on Iran

TEHRAN (defapress) – Iranian Oil Minister Bijan Namdar Zanganeh cautioned the US administration against continued pressure and sanctions against the Islamic Republic, saying such moves will negatively affect the global oil market.
News ID: 76809    Publish Date : 2019/04/14

South Korea’s imports of Iranian oil soar in Feb.

TEHRAN (defapress) – South Korea's imports of Iranian crude oil more than quadrupled in February from a month ago, nearing a level before US sanctions on Tehran.
News ID: 76274    Publish Date : 2019/03/19

Report:

India Seeking to Extend Iran Oil Waiver

TEHRAN (defapress) – India wants to keep buying Iranian oil at its current level of about 300,000 barrels per day (bpd), as it negotiates with Washington about extending a waiver of US sanctions past early May, a report said.
News ID: 76046    Publish Date : 2019/03/08

Top Official:

Iran Has Plans to Neutralize US Oil Sanctions

TEHRAN (defapress) – Iran has devised initiatives to f oil the US sanctions on its oil exports, Secretary of Iran's Supreme National Security Council Ali Shamkhani said, noting that the country has multiple ways to sell its crude.
News ID: 75792    Publish Date : 2019/02/23

Leader orders allotting 20% share of oil exports’ revenue to NDFI

TEHRAN (defapresss) – Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei ordered the allocation of 20 percent share of oil exports’ resources to the National Development Fund of Iran (NDFI) in written form, Parliament Speaker Larijani revealed.
News ID: 75663    Publish Date : 2019/02/17

Iran Has Plenty of Ways to Sell Oil

TEHRAN (defapress) – There are several approaches available for Iran to sell its oil despite the US sanctions, President Hassan Rouhani said, stressing that Tehran proudly circumvents the embargoes.
News ID: 75151    Publish Date : 2019/01/23