Iran and India are expected to sign a long-proposed deal on the construction of an undersea gas pipeline worth $4.5m in total, as an alternative to a similar project via Pakistan.
Iranian Oil Minister, Bijan Zanganeh, said that Tehran would not restrain its oil output as part of a global pact to freeze production to prop prices, following a meeting with oil ministers from Qatar, Iraq, and Vene ...
Iranian President Hassan Rouhani will officially propose a new plan for oil and gas cooperation in the Caspian Sea to his Azerbaijani counterpart Ilham Aliyev, who is on an official visit to Tehran.
Iran has revealed its oil prices to European buyers for the first time since sanctions were lifted against the Middle East country. Iran Heavy, one of the country’s main export grades, will cost $1.25 a barrel, which ...
Iran's Ministry of Petroleum stated that the country's oil industry is in need of $200b in investments in the upstream and downstream sectors as the domestic fund are insufficient.