Iran

Oil Field

Iran Needs $11 Billion To Develop Oil Fields Along The Iraqi Border

Iran needs some $11 billion in investments to develop oil fields along its border with Iraq, Bloomberg has reported, citing the new head of the National Iranian…

Iran

Iran Urges "Practical" Steps, "Tangible" Results in Nuke Talks

Taking "practical" steps with "tangible" outcomes should be the purpose of the upcoming nuclear talks between Iran and the remaining parties to the 2015 nuclear…

Nuclear Fuel

Iran's 20-pct Enriched Uranium Stockpile Exceeds 120 kg: Nuke Chief

The head of Atomic Energy Organization of Iran said that his country's stockpile of 20-percent enriched uranium has exceeded 120 kg.

Oil & Gas Trade

Iran And Venezuela Strike Oil Swap Deal

Iran and Venezuela have struck a deal to swap heavy Venezuelan crude for Iranian condensate.

Oil & Gas Trade

Under U.S. Sanctions, Iran and Venezuela Strike Oil Export Deal

Venezuela has agreed to a key contract to swap its heavy oil for Iranian condensate that it can use to improve the quality of its tar-like crude, with the first…

Armenia Eyes Energy Cooperation with Iran

The foreign minister of Armenia called for cooperation with neighboring Iran in the oil and energy sectors.

Iran

Iran, IAEA Reach Critical Deal to Ease Nuclear Standoff

Iran has reached an agreement with the International Atomic Energy Agency that would allow the agency continued access to some of Iran's key nuclear sites, brea…

Nuclear Policy

Germany Calls on Iran to Resume Nuclear Talks

Informal negotiations stalled after Iran's new hardline president was elected in June. Tehran has caused an international outcry in recent months over the broad…

Oil & Gas Trade

Illicit Oil Exports Cost Iran Billions In Lost Revenues

The actual amount of oil that it sold in this period should have brought $6 billion to the government. In fact, it earned only 10 percent of the real value of t…

Cooperation case

Xi Exchanges Congratulations with Iranian President on 50th Anniversary of Diplomatic Ties

Chinese President Xi Jinping on Monday exchanged congratulatory messages with Iranian President Ebrahim Raisi on the 50th anniversary of the establishment of di…

Crude Oil

Iran Oil Output Falls To 40-year Low In 2020

Iran’s crude oil production fell to the lowest in 40 years, according to an updated analysis by the U.S. Energy Information Administration.

Market Analysis

Will Iran Ever be Able to Restore The Nuclear Deal?

Prospects for the revitalisation of the nuclear deal have been getting dimmer as Iran’s new hardliner leadership wants the full implementation of the original …

Crude Oil

Oil Tanker Explodes In Syrian Port

An explosion on an oil tanker moored at the Syrian port of Latakia caused a fire that has injured two people in an incident on what was identified as a tanker p…

Electricity Trade

Baghdad Says Iran Halted Electricity Exports To Iraq

Reduced hydropower output in Iran amid a water scarcity has prompted Tehran to suspend electricity exports to neighboring Iraq

Crude Oil

Zanganeh: Iran Prepared to Return to Int’l Oil Market

Iran is ready to return to the international oil market at the highest level when a political agreement is reached between Iran and the world powers, and the un…