Since the victory of the Islamic Revolution in 1979, Iran has emerged as a global leader in natural gas production and ...

Oil prices rebound on fears of potential supply disruptions as Trump prepares to impose sanctions on Iran, leading energy stocks to outperform.

Iranian Government Spokeswoman says the Petroleum Minister will soon share good news for Iranians in the oil sector.

TEHRAN - The managing director of the National Iranian Oil Company (NIOC) announced a 70,000-barrel-per-day (bpd) increase in ...

By bnm Tehran bureau Iran is set to finalise deals with leading local firms to carry out a major pressure-boosting project in ...

Iran has started a major project to develop oilfields at one of the country’s old reservoirs that is shared with neighboring Iraq.

Gain access to all that Trend has to offer, as well as to premium, licensed content via subscription or direct purchase through a credit card.

The Deputy Director of Drilling Operations at the National Iranian Drilling Company (NIDC) announced that 79 oil and gas ...

Mohammad Khavarinejad, project manager for drilling operations at the West Karun oil fields under the National Iranian ...

Despite some of the West’s toughest sanctions, Iran has built a roaring global trade for its oil. It relies on a shadow fleet of tankers that conceal their activities to skirt sanctions ...

which buys nearly all of Iran’s oil, have shrunk by a quarter, to 1.3m barrels per day (b/d). At the same time, loadings from Iran have continued apace, in the hope of a change of circumstances.