Iranian Oil Minister Bijan Namdar Zanganeh praised the capabilities of domestic energy companies to develop oil and gas fields and said the country has more than 100 fields, which can be developed by the Iranian exploration and production"...

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Iran's oil and condensates production had growth during the last Iranian calendar year (ended on March 20, 2018), Iranian Petroleum Minister said.

Final negotiations are underway with Indonesia, China and Russia to sign contracts, Bijan Zangeneh said in a joint meeting with members of parliament energy commission.

He referred to the inauguration of 6 phases of South Pars oil and gas field and extracting more oil than Qatar, saying other"...

The Iranian government on Wednesday decided to change its reporting currency for foreign amounts to the euro from the US dollar, according to state-run broadcaster Islamic Republic of Iran Broadcasting (IRIB).

The announcement comes at a time when political relations between the US and Iran have been strained owing to imposed sanctions on Iranian nuclear capabilities.

However,"...

A prominent Iranian scientist and deputy head of the Islamic Republic's Department of Environment has apparently resigned from his post while abroad after being detained in connection with allegations of espionage against other environmentalists.

Citing a 'reliable source,' reformist MP Mahmoud Sadeghi tweeted that Kaveh Madani and his wife had left the country after his wife's travel ban was lifted and that Madani had resigned from"...

Iranian President Rouhani told the visiting Turkish Economy Minister Nihat Zeybekci that bilateral relations of Iran and Turkey are beneficial for regional and international peace and stability.

President Rouhani stated that the Islamic Republic of Iran and Turkey enjoy ample historical and cultural commonalities and further deepening of bilateral, regional and international relations between the two countries beneficial for peace and stability in the"...