MOSCOW, Russian oil output was broadly unchanged in February, at 10.65 million barrels per day (bpd), as a rise in production at smaller producers offset a drop in output from Rosneft and others, Energy Ministry prel ...
Managing director of the National Iranian Tanker Company (NITC) rapped the European Union (EU) for putting the country's biggest tanker firm back on the list of sanctioned Iranian entities, slamming the move by the b ...
Iran will withdraw up to $4.8 billion from its sovereign wealth fund to spend on developing its oil and gas fields next fiscal year under a proposal approved by parliament.
Iran’s Ayatollah Ali Khamenei warned that the OPEC member will stop exporting oil and natural gas if international sanctions against it stay in place, the official IRNA news agency reported, citing a speech he made i ...
Iran has earned $1.35 billion for selling more than 3 million tonnes of fuel oil in the 10 months to January 21, up 30% in revenue from the same period of last year, oil ministry news website Shana cited an official ...
A proposed U.N. resolution to crack down on the financing of terrorist groups calls for sanctions on individuals and companies trading oil produced by the Islamic State and other al-Qaida-linked groups.
Minister of Petroleum Bijan Namdar Zangeneh says foreign energy companies are waiting to pounce on Iran’s oil and gas projects once sanctions are lifted.