Official Raises Possibility of Discovering New Major Oil Field in SW Iran
The hydrocarbon exploration activities in Iran are expected to result in the discovery of a new major oil reserve within the next few months, an official said.
Syria oil wells occupied by US: Al-Ja’afari says
Syria’s UN Ambassador Bashar al-Ja’afari says the Syria oil wells are occupied by United States and they are looting Syrian resources as the UN remains silent on Washington’s act of theft. “The US occupies Syrian oil wells and plunders the Syrians’ revenues in the shadow of the UN Security Council’s silence,” he told a meeting […]
People voice concern over increase in fuel price
TEHRAN (Iran News) – Car owners in several cities of Iran have taken to the streets to voice their protest in peacefull rallies over a sudden increase in fuel price and strict rationing of the strategic fuel. The National Iranian Oil Products Distribution Company (NIOPDC) said in a statement late Thursday that the price of […]
Newly Discovered Oilfield Is Iran’s Second Biggest
TEHRAN - A new oilfield discovered in southwestern Iran is the second largest found in the country, Iran's oil minister Bijan Zanganeh said on Monday.
Risks of selling Aramco stocks
The Saudi government plans to sell 2% of state oil giant Aramco in a domestic listing on December 11, but restrictions on future share sales mean an international IPO is ruled out for at least a year.
Syria’s Oil Will Belong to All Syria
The U.S. game of a step back and a step forward in northeastern Syria and ultimately U.S. officials’ confession for deployment of their forces for protecting oil wells in northeastern Syria indicate their habit of banditry and looting in the region.
US After Region’s Oil: Iranian Speaker
Iran’s Parliament Speaker Ali Larijani denounced the US government for fomenting wars for the purpose of plundering the Middle East’s oil resources.
US controlling Syria oil fields ‘banditry’; Russia protests
Russia has slammed as “banditry” plans by the United States to deploy more forces in Syria, accusing the administration of President Donald Trump of seeking to seize the Syria oil fields under false pretexts. Iran News quotes the report. Trump and Pentagon chief Mark Esper confirmed Thursday that, while Washington was pulling some troops out […]
Richard Nephew: No to War, Yes to Diplomacy
Before shooting down of the U.S. drone by Iran and setting Aramco oil facilities on fire by Yemeni forces, the U.S. used to beat the drum of war, and these belligerent propagations but void and bluffing ones motivated Saudi Arabia
CBI After Boosting Non-Oil Exports
Governor of the Central Bank of Iran says the bank is determined to boost non-oil exports and it is easing forex mechanism for exports.