Iran’s Oil Minister, Bijan Zangeneh, said that Tehran was ready to hold talks with Riyadh to discuss the current conditions in international oil markets. “We support any form of dialogue and cooperation with OPEC mem ...
Iran is to boost its crude oil production capacity by 160,000b/d following the completion of expansion projects at its North Azadegan and Yadavaran oilfields in south-western Iran.
Bakhtar Regional Electricity Company, a subsidiary of Iran Power Generation and Transmission Company (TAVANIR), has signed a $1m contract with Britain’s Surrey Satellite Technology (SST) company to build a 50 MW capa ...
Israel is on the verge of new major gas finds in its territorial waters as an Israeli exploration group led by Isramco Negev and Modiin Energy cited a "best estimate" resource report for two offshore fields, Daniel E ...
Iran is launching nuclear power cooperation with Russia and China following the end of sanctions. Tehran will launch work on the second and third power units at the Bushehr nuclear power plant, in cooperation with Ru ...
Iran has signed multiple contracts with European countries, Russia, Spain, and Italy, for exploration of Iranian oilfields and development of oil and gas projects.
National Iranian Oil Company (NIOC) and Greek's largest refinery, Hellenic Petroleum (ELPE) have reached a long-term agreement to immediately start the shipment of Iranian oil to Greece, marking the first sale of Isl ...
In the wake of Venezuela's call for an emergency OPEC meeting, Iran’s Oil Minister, Bijan Zanganeh, said that such a meeting would hurt the crude oil market, unless it reached a decision to shore up falling prices.