India is turning to Iran for 6m barrels of crude oil as it seeks to build up its strategic reserves, after talks with United Arab Emirates (UAE) stalled.
Naftiran Intergraded Company Sàrl, Swiss-based subsidiary of the National Iranian Oil Company (NIOC), and France's Total will sign oil swapping deal for around 200,000b/d.
Russian and Iranian firms began work on two additional reactors at Iran's nuclear power plant on the Gulf coast at Bushehr. The two units will add over 2,000 megawatts (MW) of nuclear power generating capacity over a ...
A planned sub-sea natural gas pipeline to link Iran and Oman is expected to reach a higher estimated cost of $1-1.5b after the two countries had to change the project's route and design to avoid waters controlled by ...
Iran is considering pumping natural gas to SOCAR's facilities during the summer months, for storage purposes until it is resupplied to Iran's northern provinces in winter.
Iran and Armenia are expected to create a free economic trade zone that is going to expand relations between Iran and the Eurasian Economic Union (EEU).
Iraq's government will consider selling crude exports through Iran, if the country's negotiations with the autonomous Kurdish region on an oil revenue-sharing agreement fail.