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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National Iranian Oil Company (NIOC) – Involved In
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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Iran stores more oil on tankers as it counts days to enter markets
Iran could quickly export millions of barrels of oil it is holding in storage if it reaches a deal with the United States on its nuclear programme and has ...
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NITC targeted in latest US sanctions against Iran
The US Treasury Department has imposed sanctions against the Iranian oil sector including the oil ministry, oil minister, and the state-owned oil and shipping company in its latest round ...
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