The value of bilateral trade between the Islamic Republic of Iran and Russia can rise more than tenfold, Iranian Oil Minister Bijan Namdar Zanganeh says.
Iran says it has launched the largest gas storage facility in the Middle East in the northeastern province of Razavi Khorasan.
Iran's Consul-General in Peshawar appeals for efforts to expedite Iran-Pakistan pipeline.
The Republic of Azerbaijan’s state-owned oil company will cooperate with an Iranian oil firm in exploration and production of oil in the Caspian Sea.
Iran has began pre-startup tests on a pipeline built to transport natural gas to Iraq to feed the country’s power plants, says an Iranian official.
NIOC deputy-manager for explorations has said the country would enjoy gas and oil reservoirs for next 60 and 200 years, respectively.
The oil minister says with sanctions eased, foreign oil tankers begin port calls to Iran.
The President says his government plans to turn a port in the south into an oil hub.
Iran’s Petroleum Minister Bijan Namdar Zanganeh has dismissed reports of an agreement with Russia to sell oil for Iran.
Iran's Oil Minister says the country has become self-sufficient in the production of diesel fuel.