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.

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

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

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

Iraq's oil minister Hayan Abdel-Ghani has said Iranian oil tankers seized by U.S. forces in the Gulf were using forged Iraqi ...

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 ...

Iran has confirmed the existence of high-purity lithium reserves in the country, the semi-official Fars news agency reported Wednesday. The confirmation was made in a report by Iran's Ministry of ...

Crude oil prices jumped following the US military strikes on the Iran-backed Houthi militants, in response to the Yemen-based ...