OPEC has delivered record-high adherence to its oil output-cutting pact so far in 2017, but with laggards Iraq and the UAE yet to show how they can meet their prescribed ...

Iran ready to resume oil swap with Russia, Turkmenistan, Kazakhstan: Zanganeh Iran would resume oil swap with Russia, Turkmenistan and Kazakhstan as soon as the countries supply the required crude, ...

Turkey’s central bank raised its inflation forecast for this year on higher food prices, and reiterated its policy not to loosen monetary conditions until the outlook improves. The bank revised ...

Royal Dutch Shell on Tuesday submitted a proposal to the Petroleum Engineering and Development Company for developing Azadegan and Yadavaran oilfields south of Iran. Representatives of the Anglo-Dutch major reportedly ...

Qatar lodged a formal complaint with the World Trade Organization against the “illegal siege” imposed by four Arab neighbors that have accused the Persian Gulf state of sponsoring terrorism. The ...

A joint business forum, scheduled to be attended by Iranian economic players and their Syrian counterparts at the headquarters of Iran Chamber of Commerce, Industries, Mines and Agriculture in Tehran ...

Officials discuss contingency air routes amid Gulf Cooperation Council (PGCC). PGCC rift with UN aviation agency's governing council in Montreal. Qatar Airways is expected to have access to three contingency ...

Tehran Stock Exchange (TSE)’s main index (TEDPIX) gained 1347 points to 81,509 in the week ended on Friday, Tasnim news agency reported. Some 3,808 million shares worth 13.619 trillion rials ...

Iraq is seeking to enhance relations with Iran in oil and gas industries, Oil Minister Jabar al-Luaibi said on Sunday. On Sunday, the Iraqi minister held a meeting in Tehran ...

Russia’s Gazprom Neft Company signed a memorandum of understanding (MOU) with Iran’s Oil Industries Engineering & Construction Group (OIEC) for conducting studies on Changuleh and Azar oilfields in western Iran. ...