Iran'.s oil minister says the world'.s energy supply is threatened by the United States. not Iran which is a major guarantor of energy stability and peace in the region.
Read More »US Proposes for Oil Refiners to Increase Role of Biofuels in Fuel Mix
The regulation aims to support the agricultural sector and reduce the country’s dependence on oil.
Read More »Oil Minister Says Hopeful Iran`s Oil Exports will Improve
China is a signatory of the nuclear deal and has condemned Washington’s decision to exit the deal.
Read More »Oil Holds above $57 as Iran Tension Arise Concern over Supply
The oil market is caught in a bind and does not know which way to go or trend.
Read More »Persian Gulf War could Send Oil Prices beyond $325 a Barrel
China and India now account for about a fifth of global strategic reserves.
Read More »Topside of Salman Offshore Fields being Readied for Loading
The topside of Platform S1 of Salaman joint oilfield is being prepared for laoding to its designated offshore spot in the Persian Gulf.
Read More »Iran No Threat to World Energy Security
Iranian Oil Minister Bijan Zangeneh said Falih is a technocrat and a respectable person and does not often speak politically. and he must have probably been asked to say such political things.
Read More »Iranian Oil-Laden Tanker Seized by UK Marines off Gibraltar Was Not Bound for Syria
Tehran has summoned the UK'.s ambassador to Iran over the incident. calling the seizure a form of piracy.
Read More »S. Arabia`s Insistence on Holding Iranian Oil Tanker Provoking Tehran
An Iranian lawmaker says Saudi Arabia'.s persistence in the continued seizure of an Iranian oil tanker is stirring tensions in the region.
Read More »OPEC Output Hits New Low as Saudi Fails to Offset Losses in Iran. Venezuela
June output was the lowest by OPEC since April 2014.
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