madaresharghi Negotiations are underway between Iran and India over a deal to develop a major offshore gas deposit in the Persian Gulf, but the two sides are at odds over ...

madaresharghi Norway's Offshore Resource Group signed a memorandum of understanding with Khazar Exploration and Production Company to the study the development of Sardar-e Jangal oil and gas field off Gilan ...

madaresharghi Malaysia's state oil company Petronas submitted its development proposals for Azadegan Oilfield, the country's largest oilfield located in the southern oil-rich province of Khuzestan. According to the National Iranian ...

madaresharghi Oil prices steadied on Tuesday after a week of gains, as the prospect of increasing US exports dampened bullish sentiment that has driven Brent to more than two-year highs ...

madaresharghi Iran plans to raise natural gas production to 1 billion cubic meters per day by March 2019, Oil Minister Bijan Namdar Zanganeh said on Tuesday. “We currently produce 850 ...

madaresharghi The second Bushehr Nuclear Power Plant entered a new development phase on Tuesday, as works began on digging the foundation for the plant's reactor close to Iran's first and ...

madaresharghi Imports of Iranian crude by major buyers in Asia rose in September for a third straight month to their highest since March, boosted by a surge in purchases in ...

madaresharghi Oil will likely rally into 2018 with periods of volatility, as an anticipated extension of OPEC-led output restrictions offsets higher US production, a Reuters poll showed on Tuesday. Analysts ...

madaresharghi Efforts are underway to bring under control a deadly blaze that ripped through an oil well in the southern Khuzestan Province last week. On Sunday, two workers were killed ...

madaresharghi Brent oil held above $60 a barrel on Monday, near its highest since mid-2015, on expectations OPEC-led production cuts would be extended beyond March, although rising Iraqi exports put ...