The export of non-oil commodities since the beginning of the current Iranian year (March 20, 2020) via the southeastern port city of Chabahar has risen by 95 percent compared to ...

Atotal of $306 million worth of non-oil goods were exported from Markazi Province during the first five months of the current Iranian year (March 20-Aug. 21). "More than $120 million ...

Oil held around $44 a barrel on Friday and was heading for its biggest weekly decline since June, as weak demand figures added to concerns of a slow recovery from ...

The Iranian government will soon divest parts of its shares in the Persian Gulf Star Oil Company (PGSCO) which runs the world’s largest refinery working on natural gas condensate. IRNA ...

Iran’s Oil Minister Bijan Namdar Zanganeh said the price of feedstocks supplied to refineries across the country would no longer be calculated using the free on board (FOB) system that ...

Iraq is seeking exemptions from OPEC+ cuts in Q1 of 2021 and has discussed the issue with key producers in the 23-member coalition during three consecutive meetings, state-owned al-Sabaah newspaper ...

Saudi Aramco discovered two oil and gas fields in northern parts of Saudi Arabia, the kingdom’s official news agency reported, citing Energy Minister Prince Abdulaziz bin Salman. Gas has started ...

Oil rose on Monday, with Brent touching the highest in five months, underpinned by a 30% cut in Abu Dhabi crude supplies and encouraging Chinese data even as global demand ...

Turkey said its largest-ever natural gas discovery in the Black Sea could lead to new cooperation with Iran even as Ankara aims not to be just a buyer, but also ...

Iraq’s Oil Minister Ihsan Abdul-Jabbar said his country is planning to produce its own gas to meet domestic needs, but imports from Iran will continue for the next five years. ...