Iran has struck new deposits of “unconventional” oil estimated to hold up to 5bn barrels altogether, the head of the exploration department of the National Iranian Oil Co. (NIOC) said in ...

Iran's $17B South Pars gas contracts signal Russia to speed up delayed projects, with Moscow set to gain discounted gas and ...

Mosaddegh had sought to audit the documents of AIOC, to verify that AIOC was paying the contracted royalties to Iran, and to limit the company's control over Iranian oil reserves. AIOC refused to ...

Iran’s Deputy Foreign Minister for Political Affairs, Majid Takht-Ravanchi, launched a potent diplomatic campaign at the ...

OPEC is planning to increase its oil production quotas, but Trump's tariffs and threats to other nations will cause prices to ...

TEHRAN- Iran exported non-oil commodities valued at $11.2 billion to Iraq during the 11-month period from March 20, 2024 to ...

The Grasberg mine, one of the largest gold mines in the world, is located in the remote highlands of the Sudirman mountain ...

Languages: English and Farsi Iran's Revolutionary Guard has seized two foreign oil tankers in the Persian Gulf, accusing them of smuggling diesel fuel, according to state media. The latest seizure ...

Despite having immense oil and gas reserves, Iraq remains dependent on imports to meet its energy needs — AHMAD AL-RUBAYE Iran said Monday it would not negotiate under "intimidation", after US ...

With U.S. waivers on Iranian energy imports revoked, Iraq is under pressure to rapidly develop its own non-associated gas ...

Iran’s National Oil Company and the Oil Industry Engineering ... representing about 7 percent of the world's gas reserves, 50 percent of Iran’s total gas reserves, 75 percent of the country ...