BAKU, Azerbaijan, December 16. The die has been cast to kick off the development of three significant oil fields in Iran, namely Azar, Azadegan, and Masjed-Soleyman, according to a meeting held ...

It has been a cold, dark winter in Iran. As an energy crisis strikes, the Islamic Republic faces the most challenging time in ...

Ahead of the imminent start of Trump’s second term as president, Beijing has been adding to its existing base of assets in ...

Hossein Afshin made the announcement in a ceremony to unveil the country's first oil WRFM ... oil fields, he further announced. According to him, the country's first smart refinery is also being ...

Iraq and British oil giant BP are set to finalise a deal by early February to develop four oil fields in Kirkuk and curb gas ...

Iran has shipped nearly 3 million barrels of oil from a storage site in China, people familiar with the matter said, in a bid to raise funds that could be used to shore up Iran’s allied militia ...

All aspects of the oil business have come under the growing influence of the Guards, from the "shadow fleet" of tankers that secretively ship sanctioned crude, to logistics and the front companies ...

The sanctions have crippled the Iranian economy and dented Tehran's ability to sell oil and ... prevented Iran from accessing foreign investment and technology. The South Pars Field in the Persian ...

OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab ...

A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Persian Gulf, Iran, July 25, 2005 (credit: RAHEB HOMAVANDI/REUTERS) "All of them are at ...