The CEO of Iranian Petroleum Engineering and Development Company has announced the continuation of negotiations with a consortium comprising an Iranian company and a Russian one to develop the Azar ...

nalysts expect big energy companies to play a major role in deal-making during another solid year for oil and gas mergers and acquisitions. Oil majors and large independent drillers need ...

US and European oil majors are filing in with offers to help Qatar develop new gas projects, the country’s energy minister said, despite a protracted crisis in the Persian Gulf ...

Oil prices slipped on Wednesday, under pressure from a rise in US crude and gasoline inventories although crude remained near three-year highs. Brent futures eased 24 cents to $69.72 a ...

Adeadly fire erupted on Wednesday at a huge fuel storage tank in the southern port city of Bandar Abbas, Hormozgan Province, killing three people and sending a pall of black ...

Iraqi Oil Minister Jabar al-Luaibi said on Saturday the OPEC member’s oil output capacity is nearing 5 million barrels per day, but the country will remain in full compliance with ...

Tehran Stock Exchange’s main index gained 601.17 points or 0.62% to end Sunday trade at 97,228.7. About 1.21 billion shares valued at $65.21 million changed hands at TSE on Saturday. ...

madaresharghi Kazakhstan Foreign Minister Gheirat Abdelrahamanov said on Friday that Syrian Peace Talks in Astana serve as a full-scale and unique foundation for all interested parties to establish stability in ...

madaresharghi European Union lawmakers and member states on Thursday agreed climate targets for 2030 in a move to meet the bloc’s obligations under the Paris Agreement, which seeks to avoid ...

madaresharghi Negotiations to develop two oilfields in the southern Khuzestan Province, namely Shadegan and Karanj, will be finalized by the end of the current fiscal that ends in March 2018, ...