CNPC suspends investment in Irans South Pars after US pressure: sources
China National Petroleum Corp (CNPC) has suspended investment in Irans South Pars natural gas project in response to U.S. pressure and to minimize tensions amid trade talks between Beijing and Washington, three Chinese state oil executives said.
Iran airlines need 500 planes, official mulls Sukhoi: reports
Iran needs some 500 planes and would likely back buying the Sukhoi Superjet 100 if Russia is willing to sell them to its airlines, Iranian news agencies reported the countrys top civil aviation official as saying on Wednesday.
Safavi warns of new US, Israeli plots in region
Top Military Aide to the Iranian Leader Major General Yahya Rahim Safavi said that the United States and Israeli regime may be devising new plots in the region.
OPEC offsets Iran oil loss, sees lower 2019 demand
OPEC said on Wednesday it had offset a drop in sanctions-hit Iranian oil exports and lowered the 2019 forecast of demand for its crude, underlining the challenge the producer group faces to prevent a glut even after last weeks decision to trim output.
EU ensuring Iran on starting SPV mechanism in 3 weeks
EU officials are reiterating in contacts with Iranian officials that they would start using the Special Purpose Vehicle (SPV) mechanism in coming weeks, President Rouhanis chief of staff said on Wednesday.