The UAE energy company DANA Gas announced on September 28, 2021, that an international arbitral tribunal has ruled that the Iranian government pay a $607.5 million fine to the ...
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National Iranian Oil Company (NIOC) – Involved In
Iranian condensate cargo begins discharging in Venezuela
A 2.1-million barrel cargo of condensate supplied by Iranian National Oil Company (NIOC) to Venezuela’s PDVSA, the first of a swap deal between the state-run firms here, began discharging ...
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Iran and Venezuela defy sanctions with crude oil swap
Iran and Venezuela have reached an agreement to swap two grades of oil, giving Venezuela a new supply of extra-light crude that it can blend with its sulfurous, extra-heavy ...
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Iran and Venezuela strike oil deal flouting US sanctions
The two embattled nations seek to flout U.S. sanctions that have crippled their economies.
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Iran appeals to Chinese companies for Billions in oil investments
Iran’s oil minister has said that his country intends to raise $145 billion in domestic and foreign investments to improve its oil industry in the next 4-8 years, underlining ...
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US Extends sanctions waivers to Iran as Tehran agents indicted in NY
The US State Department told Congress Tuesday that it would wave sanctions on some of Iran’s blocked funds in Japan and South Korea so that Tehran can pay its ...
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