By Newsbase MENA syndicate Iran has struck new deposits of “unconventional” oil estimated to hold up to 5bn barrels altogether, the head of the exploration department of the National Iranian Oil Co.

Iraq's oil minister Hayan Abdel-Ghani has said told state television that Iranian oil tankers stopped by U.S. forces in the ...

Pakistan has taken a host of strict measures to control smuggling of commodities including oil supplies from Iran that led to ...

Oil prices settled higher on Friday and recorded a second consecutive weekly gain as fresh U.S. sanctions on Iran and the ...

I will lay out the case for why an immediate and total destruction of Iran’s oil industry is the best course of action, the predictive scenarios that would follow, and why this would ultimately ...

The Trump administration should back away from threats and engage Iran in an effort to bring a diplomatic halt to its nuclear ...

The US State Department said on February 24 that it is “designating 16 entities and vessels for their involvement in Iran’s petroleum and petrochemical industry.” Among the targets are eight ...

Iran's First Vice President Mohammadreza Aref stated that Iran is striving to become a regional energy hub, emphasizing that ...

Iranian Foreign Minister Seyed Abbas Araqchi, in a phone conversation with his Iraqi counterpart Fuad Hussein, condemned US ...