Russian oil companies are to undertake a slew of new investments to development Iran’s huge oil and gas reserves, according to recent comments from the Islamic Republic’s Petroleum Minister, ...
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NIOC: Russians to start developing two Iranian oil fields ‘soon’
Russians will soon start “executive operations” on developing two oil fields in Iran, Managing Director of the National Iranian Oil Company (NIOC) Mohsen Khojastehmehr has said.
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U.S. sanctions are working on Iran regime oil industry
Iran’s energy sector has often been the target of US-led sanctions, particularly in response to the perceived risk of...
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Russian defense minister hails teamwork with Iran in Syria
Russia’s defense minister met with his Iranian counterpart Tuesday and hailed the two country’s cooperation in Syria…
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Russia considers investment in Iranian oil
Russian energy companies could spend as much as US$50 billion on oil and gas exploration in Iran, a presidential aide told media...
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OVL has signed a pact with Iran’s IDRO
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), has signed a pact with Iran's IDRO Oil to jointly bid for a USD 1 ...
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