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.

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. (NIOC) said in ...

Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) says it has found antimony, a rare ...

TEHRAN- Iran exported non-oil commodities valued at $11.2 billion to Iraq during the 11-month period from March 20, 2024 to ...

Washington has issued new Iran-related sanctions, including a Chinese "teapot," or independent refiner, and vessels that ...

The nationalization of the oil industry in the Islamic Republic of Iran is the manifestation of a clear-cut victory over ...

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

Oil prices were under pressure early on Tuesday morning despite the Trump administration announcing fresh sanctions on Iran's oil industry ... confirming huge reserves in its 2024 multi-billion ...

Oil prices rose on Thursday after the United States issued new Iran-related sanctions and renewed tensions in the Middle East ...

and 9.4 percent of global oil reserves. It is a founding member of OPEC and the Gas Exporting Countries Forum (GECF). But over the past few years, Iran has faced an energy imbalance in its gas and ...