OIL

Iran expects fall in oil revenues in year to late March

Iran expects a fall in annual oil export revenues in the calendar year to late March amid lower international oil price…

Snapback mechanism won’t create new restrictions on oil sales

Iran’s oil minister said on Wednesday that the snapback mechanism would not create new obstacles to crude oil sales,…

Iran launches first mobile oil desalination unit in Dehloran

Iran has launched its first mobile oil desalination unit in Dehloran, a project officials say will boost daily crude…

Iran maintains steady oil exports

The CEO of the National Iranian Oil Company, Hamid Bovard, has said Iran’s oil exports continue uninterrupted.

Iran’s oil exports in ‘good condition’ despite US sanctions

A lawmaker in the Iranian parliament says that Iran’s oil and non-oil exports is at a ‘favorable condition’ in spite…

Pezeshkian calls for reducing reliance on oil revenues

Pezeshkian said the government is prepared to work with producers and entrepreneurs, urging them to identify the areas…

Triggering snapback mechanism not to affect Iran's oil export

Iranian Oil Minister Mohsen Paknejad says that possible activation of snapback mechanism will have no effect on Iran’s…

Iran records new oil exports high despite sanctions, war

Iran’s crude oil and condensate exports hit a new record high over the past 12 months despite the imposition of 14 new…

Chief banker denies Iran oil revenues fell in August

The Governor of the Central Bank of Iran (CBI) has denied speculations that the country’s oil export revenues fell in…

Iran, Silent Giant of Global Natural Resources

With natural resources worth an estimated $27 trillion, Iran has even surpassed China, boasting a mix of oil, gas, and…