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Wednesday, June 19, 2013 05:27
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Rostam Ghassemi

Britain quashes company’s plan to pay Iran in goods

The British government has blocked efforts by Royal Dutch Shell to settle its $2.3-billion debt to Iran with payments in grain or pharmaceuticals, Reuters reports. » read more

Iranian minister details drop in energy revenues

Iran’s Oil Minister has informed Parliament that the country’s oil revenues have fallen by 40 percent. » read more

Iran says it can live without oil money

Iran says it may stop exporting oil if international sanctions against it are intensified, adding that it has a contingency plan for running the country without oil revenues. » read more

Iran, Egypt holding oil negotiations: minister

Iran’s Oil Minister has announced that Tehran is negotiating potential oil deals with Cairo. » read more

Iran uses summit as chance to sell oil

Iran’s Oil Minister says his ministry is negotiating with buyers of Iranian oil at the 16th NAM summit in Tehran. » read more

New measures to counter sanctions’ impact

Iran’s Minister of Oil has issued “new orders” for dealing with international sanctions against Iran’s oil industry, his deputy minister has announced. » read more

Oil minister rallies staff to confront sanctions

As EU oil embargo against Iran took effect today, Iranian Oil Minister Rostam Ghassemi issued a directive “mobilizing all managers and employees of the oil ministry” to confront these sanctions. » read more

Oil Minister warns West against sanctions

Iran’s Minister of Oil warned today that sanctions on Iranian oil will lead to a leap in the price of oil on the global market and he called on the West to move wisely in this regard. » read more

Iran stops oil sales to Shell

Iran’s Oil Minister says Iran has stopped selling crude to the British-Dutch company Shell because it has not paid its debts. » read more

Iran suspends oil sales to France and Britain

Iranian Oil Minister Rostam Ghassemi has announced that Iran has stopped oil exports to France and Britain. » read more