Nikkei | Vandana Hari: The threat to the Asia's vital oil supplies from the Middle East has escalated sharply since four oil tankers were sabotaged in the Gulf of Oman on May 13. A second attack on oil vessels in the region in June, the arrest of a British-flagged oil tanker by Iran's revolutionary guards, and the U.S. and Iran shooting down each other's ...

Reuters - US Secretary Of State Mike Pompeo will meet with top oil executives before he addresses a conference on Tuesday, seeking to get them to help the administrations effort to boost crude exports to Asia and to support its policy of isolating Iran, according to three people at two companies briefed on the agenda. The outreach represents a significant ...

Reuters- Iran has imposed no restrictions on U.S. oil firms willing to participate in energy projects in the country but American sanctions make such cooperation impossible, Iran's deputy oil minister said on Monday. "Iran has not imposed any restrictions on the U.S. companies, but they cannot participate in our (oil and gas) tenders due to the ...

AP-- The Latest on President Donald Trump, his travel ban on seven Muslim-majority countries and other immigration actions (all times local): 10:35 a.m. Iran's oil minister says there is no ban on American companies working in Iran's oil industry. The semi-official ILNA news agency on Tuesday is quoting Bijan Zanganeh as saying: "American companies ...

Alwaght- Having in hand the technology for commercial production of shale oil and also enjoying huge reserves in its territory, the US not only has improved the prospects of a positive economic growth but also with entering into the global oil markets it could change the world's energy equations. Such an event could leave significant security, political ...

If the United States does not lift its 40-year ban on crude exports, Iran could soon be competing in global markets that would be mostly shut to U.S. oil companies, a report prepared for the head of the Senate energy committee said on Tuesday. The United States and five other global powers could reach a deal with Tehran over its nuclear program ...

An Iranian petroleum official says there have been no energy talks between Iran and US companies. Seyyed Mehdi Hosseini, the head of a team of experts established at the Ministry of Petroleum to devise the new Iranian oil contracts, made the comments in reaction to reports that representatives from US oil giants have met with Iranian officials to ...

[caption id="attachment_150388" align="alignright" width="232"] Mehdi Hosseini, head of the Oil Contracts Revision Committee of Iran's Ministry of Petroleum[/caption] The US oil companies taking position against Republican senators who recently wrote a letter warning Iran against a nuclear deal with the US will be rewarded, a senior Iranian oil ...