Oil
UK sanctions Iranian oil magnate accused of destabilization activities
Following suspicions of participating in "destabilization activities," multiple sanctions have been launched against Iranian oil magnate and associated entities.
Once and for all: Is sunflower oil dangerous for you?
Bazan enters oil production market with $100m. investment in US firm
Ancient oil lamps reveal hidden Jewish legacy of Spanish church
Fire contained at Iran's Abadan refinery, one dead, SHANA says
The refinery, like almost all Iranian oil and gas processing plants, needs major works and renovation.
Drone attack targets Tawke oilfield in Iraq's Kurdistan
A drone attack targeted an oilfield in Iraqi Kurdistan this Thursday, in what represents a big hit that lowers oil output between 140,000 and 150,000 barrels per day.
Drone strikes shut oilfields in Iraq's Kurdistan, cut output by up to 150,000 bpd
Several oilfields halted operations due to significant infrastructure damage, the Kurdistan region's Natural Resources Ministry said.
US Embassy condemns drone attacks on Iraq's oil fields
The drone attacks have been a continued source of concern for Erbil and the Kurdistan regional authorities, who govern the Kurdish autonomous region in northern Iraq.
Iran accuses Israel of 'environmental war crimes' during 12-day war
Iran's Department of Environment condemned Israel's targeting of fossil fuel storage facilities and industrial infrastructure, calling it "a destructive assault on the natural environment"
Treasury Dept. designates 22 entities linked with selling Iranian oil for IRGC-QF
Refineries purchase Iranian oil, and then transfer payments to these front companies, who in turn, move funds to other front company accounts also controlled by IRGC-QF, OFAC stated.
US imposes fresh sanctions targeting Iran oil trade, Hezbollah
The US has imposed waves of sanctions on Iran's oil exports over its nuclear program and funding of terrorist groups across the Middle East.
Innovative Israeli technology comes to the aid of your digestive system
The food-tech company Beyond Oil has developed an innovative formula that may reduce carcinogenic substances from used frying oil.
Iran made preparations to mine the Strait of Hormuz, US officials say
The loading of the mines - which have not been deployed in the strait - suggests that Tehran may have been serious about closing one of the world's busiest shipping lanes.
The heist of the century: $3.6 million worth of cannabis oil stolen without a trace
A sophisticated theft operation led to a months-long investigation. Four suspects with different roles, a battle over millions in cash, and a product that has become the gold of the modern age.
China's Iran oil imports surge in June on rising shipments, teapot demand
The world's top oil importer and biggest buyer of Iranian crude brought in more than 1.8 million barrels per day from June 1-20.
