Russia, Iran, Turkey mark a new turn with $7 billion drilling deal
Russia, Iran, Turkey mark a new turn with $7 billion drilling deal

Representatives of Iran's Ghadir, Russia's Zarubezhneft and Turkey's Unit International sign documents for investment partners...

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South Korea’s SK Engineering and Construction Co inks €1.6 billion Iran refinery deal
South Korea’s SK Engineering and Construction Co inks €1.6 billion Iran refinery deal

Representatives of Iranian and South Korean companies sign a heads of agreement in Tehran, Aug. 5, 2017. (Photo by Shana) South Korea’s ...

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European Union foreign policy chief Federica Mogherini urges all JCPOA sides to keep commitments
European Union foreign policy chief Federica Mogherini urges all JCPOA sides to keep commitments

European Union foreign policy chief Federica Mogherini European Union foreign policy chief Federica Mogherini says all sides to the land...

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Japanese, Korean firms to fund Siraf refineries
Japanese, Korean firms to fund Siraf refineries

An aerial view of the offshore facilities of Iran's Assaluyeh energy zone which provide a large portion of the feed for nearby project...

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Iran, European Union start first ever joint project on nuclear safety
Iran, European Union start first ever joint project on nuclear safety

A view of Bushehr nuclear power plant in southern Iran (File photo) Iran and the European Union have launched their first joint project ...

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Vietnam drilling for oil in Chinese-claimed territory: Report
Vietnam drilling for oil in Chinese-claimed territory: Report

A file photo of the Deepsea Metro I drillship Vietnam has started drilling for oil in disputed territory claimed by China in the South C...

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Under-pressure energy-rich Qatar says to boost gas production 30%
Under-pressure energy-rich Qatar says to boost gas production 30%

Qatar is the world's biggest producer of Liquefied Natural Gas (LNG). (Photo by AFP) Energy-rich Qatar said it plans to increase nat...

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Oil recovery provides platform for Asia energy firms’ rally
Oil recovery provides platform for Asia energy firms’ rally

The rebound in oil prices from 10-month lows has fuelled a rally in energy firms across the world, providing support to equity markets. ...

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French energy giant Total seals Iran’s biggest gas deal in years
French energy giant Total seals Iran’s biggest gas deal in years

French energy giant, Total, signs a multi-billion-dollar gas deal with Iran, the first by a European firm in more than a decade. French ...

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Iran starts much-awaited gas exports to Iraq
Iran starts much-awaited gas exports to Iraq

Iran has started a much-awaited project to export natural gas to Iraq. Iran says it has started a much-awaited project to export natural...

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Iran, Russia sign ‘revised’ oil-for-goods deal
Iran, Russia sign ‘revised’ oil-for-goods deal

Russia’s Energy Minister Alexander Novak says Moscow has signed a revised oil-for-goods contract with Iran, adding that the changes concer...

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Total to ink $4 billion Iran gas deal before summer
Total to ink $4 billion Iran gas deal before summer

An aerial view of South Pars in Iran's Assaluyeh (Photo by Shana) Iran will sign a $4 billion deal with France’s Total to develop ph...

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National Iranian Oil Company (NIOC) signs first major post-election oil deal with a Spanish-Iranian consortium
National Iranian Oil Company (NIOC) signs first major post-election oil deal with a Spanish-Iranian consortium

Iran has signed an agreement with a Spanish-Iranian consortium over the production of corrosion resistant pipes used in the oil industry. ...

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‘Iran not expecting OPEC call to cut output’
‘Iran not expecting OPEC call to cut output’

Iran’s Petroleum Minister Bijan Zanganeh says he does not expect the Organization of the Petroleum Exporting Countries (OPEC) to call on t...

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Nigeria Federal Government lost $11 billion oil revenue last year
Nigeria Federal Government lost $11 billion oil revenue last year

The revenue fact sheet released on Monday by the U.S. Energy Information Administration (EIA), revealed that Nigeria’s crude oil revenue...

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Saudi Arabia’s Energy Minister Khalid al-Falih says oil output cut may be extended
Saudi Arabia’s Energy Minister Khalid al-Falih says oil output cut may be extended

Saudi Arabia’s Energy Minister Khalid al-Falih. Saudi Arabia says an agreement between world’s biggest oil producers to cut their produc...

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Energy ministers of the G7 group of industrial nations fail to adopt united stance on climate change
Energy ministers of the G7 group of industrial nations fail to adopt united stance on climate change

This photo shows energy ministers from the G7 industrial nations posing for a picture during their meeting in Rome on April 10, 2017. (Pho...

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Iran using gas injections to boost oil output
Iran using gas injections to boost oil output

Platforms of Iran's Soroush oil field in the Persian Gulf. (Photo by Shana) Speculations are emerging in media that Iran is injectin...

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South Korea’s imports of Iranian oil up 54%
South Korea’s imports of Iranian oil up 54%

A Panamanian tanker docking at Iran's Kharg Island oil export facility in the Persian Gulf. (Photo by AFP) The latest official figur...

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German industrial gases group Linde says banking issues delaying Iran plans
German industrial gases group Linde says banking issues delaying Iran plans

Linde Chief Executive Office Aldo Belloni says his company has revived plant-engineering contracts in Iran but cannot work on them due to ...

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