The Iranian Oil Ministry has signed four contracts worth $2 billion, including agreements to develop two oil fields.

Iranian Petroleum Minister Javad Owji has said that the Russian Federation will invest in Iran's oil fields.

Iranian Minister of Petroleum, Javad Owji says a number of gas supply projects will be inaugurated in the southeastern province of Sistan-Baluchestan ...

During the 13th administration under the leadership of Ayatollah Raisi, Iran’s oil revenues rose about 15 billion dollars annually when compare with ...

Iran's Oil Minister Javad Owji says the production of oil has increased by 60 percent in the current government starting August 2021.

The new statistics released by the International Monetary Fund (IMF) show that Iran's oil production in 2023 saw an increase of 500,000 barrels per ...

Iran’s oil exports reaching a six-year high and giving its economy a $35bn-a-year boost despite sanctions.

Oil prices slid more than $1 a barrel on Monday, with Brent falling below $90, as Middle East tensions eased after Israel withdrew more soldiers from ...

Iran welcomes Turkish companies’ participation in projects of its oil industry, said Oil Minister Javad Owji on Thursday.

Oil exports in the previous Iranian calendar year, which ended on March 19, fetched the country $35.87 billion, said the Islamic Republic of Iran ...