Iranian people on Wednesday have celebrated the 68th anniversary of oil nationalization of the country.
Iranian Foreign Ministry spokesman underlined the fact that the key to the victory of Nationalization of the Iranian oil industry was undoubtedly its leaders’ wisdom, assistance and national zeal.
Despite the US bans, Iran's exports from South Pars gas fields has been growing.
A global oil surplus is allowing the United States to accelerate its plan of bringing Iranian crude exports to zero, a US State Department official claimed on Wednesday.
Israeli Prime Minister claimed that the regime’s navy could take action against Iranian oil shipments.
In the first 2 months of 2019, Iran's oil shipment reached averaging 1.25 million barrels per day, higher than oil market expected due to US imposed sanction on Tehran.
Iranian President Hassan Rouhani opened phase 3 of the world’s biggest gas condensates refinery, Setareh Khalije Fars, on Monday.
Iranian Minister of Petroleum said that country's oil resources have become more than double since the victory of the Islamic Revolution.
Japan's largest refiner JXTG Nippon Oil & Energy is resuming loading of Iranian crude oil, almost three months after the US sanctions waiver was granted.
Despite US sanctions against Iran, Hyundai Oilbank Co., a major South Korean refiner, plans to import 2 million barrels of Iranian condensate this month.