The US government imposed a new round of sanctions on Iran in November 2018.
Read More »Iran will not Give Europe more Time to Save Nuclear Deal
Iran’s two-month deadline to remaining signatories of the JCPOA (nuclear deal) cannot be extended.
Read More »Europe not Cooperating in Buying Iranian Oil
The Europeans are not cooperating to buy oil.
Read More »Iran Conditionally Endorses OPEC Meeting Date Change
Both Iran and Russia were targeted by the sanctions in various sectors of their oil industry.
Read More »Iran. Russia Talks Raise Hopes of Progress on OPEC+ Meeting Date
OPEC and its allies have been reducing oil output by 1.2 million barrels per day since Jan. 1 to support the market.
Read More »Iran Has No Intention of Withdrawing From OPEC
Iran has no plans to leave OPEC.
Read More »Oil Minister Outlines Priorities for Major Subsidiaries
Every year the oil ministry sets some tasks and goals for its subsidiary companies to fulfill by the end of the fiscal year.
Read More »Iran Increases Production in Phases 2. 3 of South Pars Gas Field
Iran has used the capabilities and experiences of its engineers and experts to boost production in phases 2 and 3 of the South Pars gas field. an official said on Saturday.
Read More »Iranian National Oil Company Opens Office in Iraq
Only Iranian companies approved by the NIOC will be able to partake in Iraqi Oil Ministry projects.
Read More »Oil Min. Departs for Oman for Energy Talks
Iran sits atop 11 percent of oil and 18 percent of gas reserves in the world.
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