Topic
Tag: oil exports
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Accused tycoon gets trial date two years after arrest
Almost two years after Iranian tycoon Babak Zanjani was arrested for embezzlement and corruption, his first trial will finally take place on October 3…
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Iran has reduced investment in oil sector
Iran’s Minister of Oil says investment in the oil and petroleum sector in the past four years has fallen from $40 billion to less…
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Iran’s oil company to hike output only when sanctions gone
The National Iranian Oil Company says it will not increase oil production until international sanctions are removed. The Oil and Energy website reports that…
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Crude exports bounce back after sanctions stranglehold
The International Energy Agency reports that Iran’s crude exports in May of 2015 made a big jump after being dragged down three years ago…