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Iranian oil Archives - Iran News Daily
Iranian President Inaugurates New Energy Projects 24 Aug 2020

Iranian President Inaugurates New Energy Projects

Iranian President Hassan Rouhani on Monday inaugurated three large projects in the oil, gas and petrochemical industries.

14,000 Kilometers of Pipeline in Lieu of 60,000 Fuel Trucks 23 Jan 2019

14,000 Kilometers of Pipeline in Lieu of 60,000 Fuel Trucks

14,000 Kilometers of Pipeline in Lieu of 60,000 Fuel Trucks IRAN NEWS ECONOMIC DESK TEHRAN – The CEO of Iranian Oil Pipeline and Telecommunications Company (IOPTC) highlighted the major achievements in the oil transfer industry during the Islamic Revolution era. In an interview with IRIB, Mr. Abbasali Jafari Nasab pointed to the goals and field […]

India begins paying Iran for oil in rupees: official 10 Jan 2019

India begins paying Iran for oil in rupees: official

India has begun paying Iran for oil in rupees, Reuters reported quoting an Indian senior bank official as saying on Tuesday. It is the first such payment since the United States imposed new sanctions against Iran in November. The U.S. has given a six-month waiver to eight countries including India for imports of Iranian oil. […]

Under Foreign Pressure, Pakistan Dragging Feet on Gas Pipeline: Iranian Minister 13 Dec 2018

Under Foreign Pressure, Pakistan Dragging Feet on Gas Pipeline: Iranian Minister

 Iranian Oil Minister Bijan Namdar Zanganeh deplored Pakistan’s inaction on completion of a gas pipeline under an agreement with Tehran, saying three foreign countries have put pressure on Pakistan to halt the project. Speaking at a televised talk show on Wednesday, Zanganeh said Pakistan has failed to construct even a single kilometer of the gas […]

Japan’s Refiners to Seek Extension of US Waiver to Import Iranian Oil 28 Nov 2018

Japan’s Refiners to Seek Extension of US Waiver to Import Iranian Oil

Japan’s oil refiners will continue to ask the Japanese government to seek an early extension of the US waiver to import oil from Iran, the head of the Petroleum Association of Japan (PAJ), Takashi Tsukioka, said. Now that Japan has received the waiver, it will resume loading Iranian oil, with most shipments expected to be […]

EU still in talks with Iran to find ways to buy Iranian oil 20 Oct 2018

EU still in talks with Iran to find ways to buy Iranian oil

 Iranian diplomat Morteza Safari Natanzi said Sat. that the reason behind EU’s prolonged talks with Iran is because European countries are trying to find better ways to maintain banking ties and buy Iranian oil. Speaking to Mehr News correspondent on Saturday, Chairman of the Iranian Parliament’s National Security and Foreign Policy Committee, Morteza Safari Natanzi, […]

India working out payment mechanism to purchase Iranian oil 13 Oct 2018

India working out payment mechanism to purchase Iranian oil

India is yet working out a payment mechanism for continued purchase of Iranian oil, Economic Affairs Secretary at the Indian Finance Ministry Subhash Chandra Garg told CNBC TV18 news channel. Indian Oil Minister Dharmendra Pradhan has conveyed that New Delhi will continue to buy Iranian oil to some extent, the official said, Reuters reported. India […]

India defies U.S., buying Iranian oil despite sanctions 07 Oct 2018

India defies U.S., buying Iranian oil despite sanctions

 India is going to continue buying Iranian oil in November despite the U.S. sanctions, Reuters reported citing sources close to the Indian oil industry. “Refiners have placed November nominations to lift 1.25 million tons (about 9 million barrels) of oil from Iran,” Reuters quoted a source as saying. As reported, Indian Oil Corp will lift […]

India set to pay for Iranian oil using rupee from November 22 Sep 2018

India set to pay for Iranian oil using rupee from November

India may revert to paying Iran in rupees for the oil it buys from its third largest supplier as U.S. sanctions will from November 4 block use of U.S. dollars to settle such trades, a top official said Thursday. Oil refiners such as state-owned Indian Oil Corp (IOC) and Mangalore Refinery and Petrochemicals Ltd (MRPL) […]

US to impose sanctions on all Iranian oil importers: Mnuchin 13 Jul 2018

US to impose sanctions on all Iranian oil importers: Mnuchin

US Treasury Secretary Steven Mnuchin said that US intends to use sanctions against China, Russia, EU and other countries which import Iranian oil, sputnik reported on Wednesday. “We intend to enforce sanctions on them [China], on Russia, on Europe and others against Iran oil,” Mnuchin said when asked if the US would impose sanctions on […]