Tehran, March 4, IRNA - Oil minister Bijan Namdar Zanganeh said here on Tuesday that the Resistance Economy initiated by the Supreme Leader of the Islamic Revolution Ayatollah Ali Khamenei would tu

Tehran, Feb 25, IRNA -- Iran is mulling 20-25-year term contracts for oil and gas development projects being awarded to foreign executives operating in Iran, said Ayeh Katebi, an adviser to the rev

Tehran, Feb 24, IRNA - Oil minister Bijan Namdar Zanganeh said a new model of oil contracts, recently put forth by his ministry, would facilitate foreign oil investment, emphasizing that the role o

Tehran, Feb 24, IRNA – Iranian Oil Ministry warned a Chinese contractor of dismissal from an oil project due to its foot-dragging, a deputy oil minister said on Sunday.

Tehran, Feb 22, IRNA – Oil Minister Bijan Namdar Zanganeh here on Saturday said new attractive oil contracts will help lift sanctions against Iran.

Tehran, Feb 22, IRNA -- China and India significantly increased their oil imports from Iran following the recent partial suspension of sanctions on the Islamic Republic.

Tehran, Feb 22, IRNA – Tehran has asked New Delhi to pay its $1.5 billion of its oil debts to Iran in accordance with terms of Iran-P5+1 Geneva agreement, media reports said.

Tehran, Feb 3, IRNA – Oil Minister Bijan Namdar Zanganeh says no country is entitled to enter Iran’s oil zone in the Caspian Sea and if so the country would defend its rights.

Tehran, Jan 27, IRNA - Visiting Minister of Industry and Commerce of Sri Lanka Rishad Bathiudeen said here on Monday that Colombo will continue its oil cooperation with Tehran.