AP - The International Monetary Fund said on Tuesday oil exporting countries in the Middle East continue to have the world's largest energy subsidy bill and that additional reforms are still needed to curb government spending.
In its updated regional outlook report, the IMF said money spent each year on subsidies from these oil exporting countries ...
TOKYO, Dec 6 (Reuters) - Iran's crude exports are set to drop by about a quarter in December from the preceding month to the lowest since tough sanctions were applied this year, shipping sources said, as the OPEC-member comes under pressure to curb its nuclear programme.
Oil shipments byIranhave more than halved in 2012 due to U.S. and European sanctions ...
Iran refrained from delivering a 500,000-barrel shipment of oil to the Greek tanker which was due to teransfer it to Hellenic Petroleum refinery.
Meanwhile, Hellenic official declined it and told Reuters: "That has nothing to do with us ... all supplies from Iran have been processed normally".
According to Tehran Times, an Iranian Oil Ministry ...
TEHRAN, May 20 (MNA) Deputy Oil Minister has said the US new sanctions on Iran have stymied import of complex catalysts by Isfahan oil refinery.
Abbas Kazemi said that Iran would start production of catalyst itself for Isfahan oil refinery to produce gasoline with Euro IV standard.
He added that cabinet of prudence and hope seeks ways to bring ...
By Reuters
Nov 13 (Reuters) - Iranian oil production rose in October after seven months of decline and its exports rebounded strongly, the West' energy agency said on Tuesday, painting a bearish picture of growing supply and more limited global demand.
The International Energy Agency, which advises industrialised nations on energy policies, said ...
By Reuters
(Reuters) - From a suspected Israeli airstrike in Sudan to cyber warfare in the Gulf and a drone shot down overIsrael, the largely hidden war betweenIranand its foes seems heating up and spreading.
Despite months of speculation, most experts and governments believe the risk of a direct Israeli strike on Tehran's nuclear program stirring ...
By UPI
TEHRAN, Oct. 1 (UPI) --An Iranian energy official called on lawmakers in Tehran to review oil sales to foreign countries during winter.
U.S. and European sanctions targeting the Iranian energy sector went into force during the summer. The U.S. government issued a series of waivers for countries that displayed a "significant" cut back on ...
Previous Page | 