The US and five other major powers are closer than ever to a deal with Iran that would end a 12-year-old standoff over Tehran's nuclear program, though more tough negotiations lie ahead, US Secretary of State John Kerry said on Monday.
Iran plans to start to extract oil from the world's largest gas field next year as part of the Opec member's strategy to boost its crude oil production to at least 3 million barrels per day, official Iranian media reported.
A gas leak at the Arak oil refinery in central Iran injured seven workers on Sunday, four of them critically, the semi-official Fars news agency reported.
The leak at the sour water processing unit was blamed on workers failing to
Iran’s Persian Gulf Holding Company, a major petrochemical company in the region, plans to invest €1 billion ($1.08 billion) in development before 12 months, a senior official said.
By 2018 the company will attain 100 p
The chambers of commerce of Iran and Oman along with an Iranian private sector shipping company have signed a deal to form a new shipping route next month between the Sultanate’s Sohar Port and Iran’s souther port of Shahid Rajae, ac
Israel will take part as an observer in a major nuclear non-proliferation conference that opens at the United Nations on Monday, ending a 20-year absence in hope of fostering dialogue with Arab states, a senior Israeli official said.
Poland's largest oil refiner PKN Orlen has delivered a gas condensate cargo of Iranian origin for its Mazeikiai refinery in Lithuania, traders said.
It's not clear if PKN has violated international sanc
The Indian government plans to establish a urea plant in Iran for long-term imports of the fertiliser to India, a senior government official said.
"In order to ensure long term availability of urea in the country, the governm
Iran's foreign ministry summoned the Saudi charge d'affaires on Friday to protest Riyadh's interception of two Iranian planes carrying humanitarian aid to Yemen, the Students News Agency ISNA reported.
ISNA said two Ir