Iran’s Minister of Petroleum Bijan Namdar Zangeneh has described energy cooperation with China as “a strategic decision,” reiterating that Tehran is ready to expand ties with Chinese companies after anti-Iran sanction...
An Iranian court handed down a 15-year prison sentence to the son of former President Ali Akbar Hashemi Rafsanjani, after he was convicted of bribery and embezzlement, a judiciary official said on Sunday. The official...
Any terms that world powers grant Iran under a nuclear deal will be sought by Saudi Arabia and other countries, risking wider proliferation of atomic technology, a senior Saudi prince warned on Monday in a BBC intervi...
Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi stressed that Iran’s redlines for any final nuclear deal with the Group 5+1 (the US, Russia, China, Britain and France plus Germany) remain ...
Iranian Oil Minister Bijan Namdar Zanganeh announced that his ministry is planning to considerably increase the volume of the country’s oil derivatives exports in the next Iranian year (starting March 21, 2015). “We a...
The United States has removed a Belarusian oil company with previous cooperation with Iran off its sanctions list. The state-owned Belarusian energy company, Belarusneft faced US sanctions in 2011 for its involvement ...
Iran and China hope to bring the level of their trade exchanges to $60 billion from the current $52 billion in a year or so, the head of Iran-China Joint Chamber of Commerce says. “We are determined to raise the volum...
Iran says its natural gas production has increased by nearly 20% in the current calendar year (starting March 20, 2014) compared to the same period last year. “Following the activation of several phases of South Pars ...
Iran is involved in exploratory operations in the Caspian Sea in addition to drilling at Sardar Jangal with aim to discover new oil and gas fields. Because of rich Hydrocarbon resources in Persian Gulf, Khuzestan prov...
Mohsen Qamsari, head of the NIOC’s international affairs, said that the Islamic Republic is set to inject more oil into the world market in an attempt to raise market share. “When sanctions are lifted, it ...