The completion of the installation process, including pile driving and attaching additional components, will continue in the ...

By Newsbase MENA syndicate Iran has struck new deposits of “unconventional” oil estimated to hold up to 5bn barrels ...

Discussing the Iran-Russia cooperation in shared oil markets, Paknejad revealed ongoing projects in oil field development and trade with Russian companies, without delving into specifics. When asked ...

The Organization of the Petroleum Exporting Countries (OPEC) reported that Iran’s oil production in February rose from the previous month's level of 3.274 million bpd. The increase comes as the new ...

In a post on her X account on Saturday, she wrote, “The oil export of the country cannot be stopped. We will not compromise on Iran's share in the world oil market.” The spokesperson hailed the ...

BAKU, Azerbaijan, March 8. The National Iranian Oil Company (NIOC) disclosed the contract values and locations for seven new hubs in the South Pars gas field, following agreements signed on March ...

President Donald Trump's sanctions against Iran are designed to shut down the country's oil industry and "collapse its already buckling economy," Treasury Secretary Scott Bessent said Thursday.

WASHINGTON (Reuters) - President Donald Trump's administration is considering a plan to stop and inspect Iranian oil tankers at sea under an international accord aimed at countering the spread of ...

Iran is turning to solar energy to address its ... meters annually due to the lack of gas collection equipment at oil fields. An additional 7 billion cubic meters is leaked from the transmission ...

The Trump administration is imposing sanctions on Iran’s oil minister, as well as targeting more companies and vessels linked to the “shadow fleet” that Tehran uses to circumvent sanctions.

With this agreement, Iran’s oil and gas sector enters a new phase of sustainable development in the world’s largest gas field, ensuring long-term energy security and supporting economic growth. Oil ...