TEHRAN - Iran is streamlining its refinery development strategy by prioritizing projects that offer higher returns and can be ...

National Iranian Oil Refining and Distribution Company (NIORDC) has increased gasoline production at the Isfahan refinery by ...

The report highlights that while Iranian oil exports rose to nearly 1.5 million barrels per day (bpd) in January—the highest ...

The U.S. on Thursday issued new Iran-related sanctions, targeting entities including for the first time a Chinese "teapot", or independent refinery, and vessels that supplied crude oil to such ...

The refinery Treasury Department targeted for sanctions is China-based Shandong Shouguang Luqing Petrochemical Co., Ltd.

The US is sanctioning a Chinese oil refinery and a terminal operator over ... refining system as President Donald Trump seeks to press Tehran into a fresh nuclear deal. China’s private refiners ...

Trump aims to stop Tehran from obtaining a nuclear weapon ... "So-called 'teapot' refinery purchases of Iranian oil provide the primary economic lifeline for the Iranian regime, the world ...

(Bloomberg) -- The US is sanctioning a Chinese oil refinery and its chief executive officer for allegedly buying Iranian oil, as President Donald Trump demands that Tehran agree to a new deal to ...

The US imposed new sanctions on Iran, targeting an oil refinery and several entities involved in petroleum trade. The measures follow Trump's letter t ...