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President Rouhani: Iran Opens $6 Billion Gas Operation in Face of Sanctions

Mon Jan 11, 2016 15:05:41

President Hassan Rouhani has attended the inauguration ceremony of phases 15 and 16 of the South Pars field that all have been carried out by domestic entities in the face of Western sanctions in Asaluyeh on Monday.

Al-Qaeda claims control of Syria oil resources

Thu Jan 30, 2014 10:58:40

Syria’s Foreign-backed militants and extremist groups have seized control of Syria’s oil and gas resources, and are now using the proceeds to underwrite their fights against one another as well as the Syrian government, American officials claim.

Iraq, Iran unite to challenge Saudi influence in OPEC

Wed Jan 29, 2014 10:12:30

Iraq is poised to flood the oil market by tripling its capacity to pump crude by 2020 and is collaborating with Iran on strategy in a move that will challenge Saudi Arabia's grip on the Organization of Petroleum Exporting Countries (OPEC), a report says.