Global oil markets surged on Thursday following threats from U.S. President Donald Trump to impose secondary sanctions on any country purchasing ...

NOURNEWS – As the US government rolled out a new package of oil-related sanctions and escalated the tone of its threats, the fourth round of indirect ...

A report shows Iran may start importing sizable amounts of oil from Azerbaijan as part of efforts to strengthen economic and political relations with ...

Iran's oil minister highlighted the outcomes of 18th meeting of Iran-Russia Joint Economic Cooperation Commission, stating that the agreements ...

Tehran and Moscow have agreed on the construction of a new nuclear power plant in Iran with a credit line allocated by Russia, Iranian Oil Minister ...

Iran’s Oil Minister Mohsen Paknejad arrived in Moscow to attend he 18th meeting of the Iran-Russia Joint Economic Cooperation Commission.

Oil Minister Mohsen Paknejad says Iran’s oil and gas industry has always been attractive to international investors due to its high profitability.

The National Iranian Oil Company (NIOC) has introduced 15 major energy optimization projects in the industrial, construction and transportation ...

The Organization of Petroleum Exporting Countries (OPEC) in its latest report has said that Iran's oil production volume has increased by 12,000 ...

Iran’s Oil Minister Mohsen Paknejad arrived in Iraq on Monday at the invitation of his Iraqi counterpart.