The Trump administration is seeking to drastically reduce Iran's oil exports to just 100,000 barrels per day through a ...

Crude oil futures fell modestly, as prospects for a peace deal between Russia and Ukraine could boost global energy supplies ...

Treasury Secretary Scott Bessent said the US aims to squeeze Iran’s oil exports to less than 10% of current levels as President Donald Trump renews a campaign of “maximum pressure” on Tehran’s nuclear ...

At a ceremony on Saturday, the CEO of the National Iranian Oil Company (NIOC) and local officials ordered ... are worth $528 million and will increase production from the three fields by five times to ...

By bnm Tehran bureau Iran is set to finalise deals with leading local firms to carry out a major pressure-boosting project in ...

The deputy oil minister explained that Naft-Shahr is home to one of the country’s oldest oilfields, with several smaller fields in the region currently undergoing development. “The project is expected ...

Oil prices rebound on fears of potential supply disruptions as Trump prepares to impose sanctions on Iran, leading energy ...

Iran seeks to expand trade with South Africa, building on successful cooperation, with plans for more joint commissions and ...

(MENAFN) Mohammad Khavarinejad, project manager for drilling operations at the West Karun oil fields under the National Iranian Drilling Company (NIDC), reported that over 90 percent of the ...

MOSCOW, Jan 20 (Reuters) - Russian President Vladimir Putin announced plans on Friday to build a gas pipeline to Iran aimed at ... and North Pars gas fields and also six oil fields.

Paknejad noted that Russian companies are currently implementing projects worth $7.5 billion in Iran's several oil and gas fields as part of the contracts. These projects have made significant ...

Iran consistently endeavors to enhance its connections with Turkey across political, economic, cultural, scientific, and security fields, she said. While emphasizing the readiness of the Ministry of ...