EXCLUSIVE- After Revamping Venezuela’s Smallest Oil Refinery, Iran to Fix the Largest
By Mircely Guanipa, Marianna Parraga and Tibisay Romero
CARACAS, May 23 (Reuters) - Iranian state firms have started preparations to revamp Venezuela's largest oil refinery, the 955,000-barrel-per-day Paraguana Refining Center, four people close to the talks said,...
Iran to Revive Gas Pipeline Project to Oman – IRNA
DUBAI, May 21 (Reuters) - Iran's oil minister has agreed to revive a long-stalled project to lay an undersea pipeline to carry gas to Oman, the Iranian state news agency IRNA reported on Saturday.
Iran sits on...
More Russian Oil Going East Squeezes Iranian Crude Sales to China
By Bozorgmehr Sharafedin, Florence Tan and Chen Aizhu
LONDON, May 19 (Reuters) - Iran's crude exports to China have fallen sharply since the start of the Ukraine war as Beijing favoured heavily discounted Russian barrels, leaving almost...
EXCLUSIVE – From the Maldives to Venezuela: How Iran Gets Oil to an Ally
By Marianna Parraga
HOUSTON, May 12 (Reuters) - A Venezuela-owned tanker in March sailed to a remote spot in the Indian Ocean and met an Iran-flagged vessel, took on a cargo of Iranian condensate and sailed home, according to...
Iran May Speed Up Subsidy Payments to Prevent More Nationwide Protests
By Kayhan Life Staff
On May 6, Iranian Interior Minister Ahmad Vahidi chaired a virtual meeting with all provincial governors on reforming the government subsidy scheme.
Mohsen Rezaei, Vice President of Iran for Economic Affairs, and...
Iran Arrests 2 Europeans for Fomenting “Social Disorder”-ISNA
DUBAI, May 11 (Reuters) - Iran's intelligence ministry said on Wednesday it had arrested two European nationals for their alleged role in "the organization of insecurity" in the Islamic Republic, Iran's semi-official Students News Agency ISNA reported.
The pair were arrested...
Venezuela Begins Imports of Iranian Heavy Oil for Refining -PDVSA Documents
By Marianna Parraga
May 9 (Reuters) - Venezuela has begun importing Iranian heavy crude to feed its domestic refineries, documents from the state-run oil company PDVSA showed, a deal that widens a swap agreement signed last year by...
ANALYSIS-Rising Oil Prices Buy Iran Time in Nuclear Talks, Officials Say
By Parisa Hafezi
DUBAI, May 5 (Reuters) - Emboldened by an oil price surge since Russia invaded Ukraine, Iran's clerical rulers are in no rush to revive a 2015 nuclear pact with world powers to ease sanctions on...
Greece to Release Russian Tanker Amid Confusion Over Sanctions
By Renee Maltezou and Jonathan Saul
ATHENS, April 21 (Reuters) - A Russian tanker impounded by Greece this week and reportedly carrying Iranian oil will be released amid confusion about sanctions on its owners.
"The coast guard has been...
Oil Prices Hit 14-Year Highs on Russia Oil Ban Talks, Iran Deal Delay
By Bozorgmehr Sharafedin and Scott DiSavino
LONDON, March 7 (Reuters) - Oil prices spiked to their highest levels since 2008 on Monday amid market supply fears as the United States and European allies considered banning Russian oil...
