Iran detains tanker in Strait of Hormuz
The vessel's crew consists of 16 sailors
Iranian Oil
Iran seizes oil tanker in Gulf of Oman
Iranian authorities suspect the crew of oil smuggling
U.S. detains oil large tanker off Venezuelan coast
The U.S. military intercepted and detained an oil tanker off the coast of Venezuela, U.S. Attorney General Pam Bondi said.
Iran increases oil production thanks to Russia and China
Iran has been actively seeking partners to boost its oil and gas industry amid Western sanctions. China and Russia have emerged as its main allies, with China taking in most of Iran’s oil exports, despite the sanctions, OilPrice reported.
Iran searching for new oil and gas reserves on border with Azerbaijan
Oil and gas exploration is currently underway near Azerbaijan’s border and in Iran’s northwestern Ardabil province, head of the Exploration Department at the National Iranian Oil Company Mohyeddin Jafari said.
China ready to defend its rights to purchase Iranian oil
China said it would take necessary measures to protect the legitimate rights of Chinese companies and citizens after the United States imposed sanctions linked to Iran’s oil trade.
Iranian oil production hits 7-year high
Despite sanctions, Iran managed to achieve a new oil production record, the highest in the past 7 years due to maintenance work and the commissioning of the Azadegan field. Iran continues to break hydrocarbon production …
No changes in Iranian oil sales
Claims that Iran has changed its export terms and sales methods are false and untrue
Seven companies hit with US sanctions for selling Iranian oil
The US has announced sanctions against several companies involved in transporting Iranian oil while mislabeling it as Iraqi crude.
Iran increases number of drilled wells
Iran's National Iranian Drilling Company (NIDC) has drilled and completed 48 oil and gas wells across onshore and offshore regions during the first four months of the current Iranian year (March-July), marking a year-on-year increase of 17 wells.
Iran's oil and gas sector value grows 11%
Iran's Central Bank reports an 11% annual growth in the oil and gas sector's value from March 2024 to March 2025. This sector accounted for more than 8% of the total gross domestic raw material product.
US blacklists companies for trading Iranian oil
The measure was taken as part of the maximum pressure policy
Iran reviving oil and gas projects in Persian Gulf
In 2019, NIOC exhausted its supply of offshore drilling platforms
Iran steps up development of Arvand oil field
Iran's Arvandan Oil and Gas Production Company (AOGPC) has continued the development of the joint Arvand oil field with Iraq by placing a drilling rig at the oil …
Iran’s oil output up nearly 13% last year
Iran’s oil production increased by 13% in 2024, according to the Organization of the Petroleum Exporting Countries (OPEC) data. Iran’s oil production had reached an average of 3.257 million barrels per day last year - an …
Iran rejects decline in crude oil export
Head of the Iranian National Oil Company (NIOC) Hamid Bovard stressed that the report of Iran's crude oil export decline is false. He pointed out …
U.S. to restrict Iranian oil exports
The U.S. State Department said it is eyeing measures to clamp down on Iran’s oil exports, Politico reported. Despite the tightening of sanctions on Iran’s economy in recent years, the country’s exports of crude …
Iran increases production of hydrocarbons
Iran’s outgoing administration has managed to increase crude production to 3.6 million barrels per day, Iran’s Oil Minister Javad Owji …
Iran to develop its new oil fields
Iran is prepared to sign contracts worth $2 billion to develop oil fields, CEO of the National Iranian Oil Company (NIOC) Mohsen Khojasteh Mehr …
Iran's foreign trade increases
Iran's foreign trade increased by nearly 48% and reached $10.420 million in March-April. Iran's trade balance, including crude oil, gas …
