Oil-price gains will trigger a “significant” increase in US shale output as OPEC and other producers rein in supply, according to the head of the International Energy Agency.

“US shale-oil…

OPEC oil production fell in December but remains well above levels envisaged under a recent deal that took effect in January, the organization's monthly report showed on Wednesday.

Total…

Saudi Arabia has promised it will reduce the overall tax rate paid by its national oil company to make its 2018 initial public offering—potentially one of the largest in history—more appealing to…

Sri Lanka wants to draw on Iranian expertise in offshore drilling following their recent oil exploration and discoveries in the Indian Ocean, said Mansour Bazmi, deputy for the downstream sector…

An increasing number of oil tankers and vessels owned by the National Iranian Tanker Company are headed to European ports, the company's managing director Sirous Kianersi said on Wednesday.

The European Union has eased sanctions against several Iranian entities, mostly in the energy sector, and one individual, EU said in a statement on Tuesday, a year after the nuclear deal between…

National Iranian Oil Company and China Petroleum and Chemical Corporation (Sinopec) will finalize a contract to expand the Abadan Oil Refinery in southern Khuzestan Province in two phases,…

Tehran Stock Exchange’s main index gained 101.80 points or 0.13% to end Wednesday trade at 79,382.2.

More than 1.3 billion shares valued at $59.7 million changed hands for the day.

…

After an Airbus A321 airliner landed in Tehran’s Mehrabad Airport on January 12, a ceremony was held to mark the occasion.

The jet is part of a total of 200 planes Iran has ordered from…

Iranian buyers now prefer locally produced flats, as their prices are more competitive compared to those of imported material.  “When domestic quotes rose, we bought large volumes of imported…

The European Union has informally contacted the incoming Trump administration to clarify “misunderstanding” about the Iran nuclear deal, known as the Joint Comprehensive Plan of Action, which he…

US president-elect, Donald Trump, should remember the “success” of the nuclear agreement with Iran before making any decisions about its future, White House Press Secretary Josh Earnest said on…

President Hassan Rouhani said the cooperation between Iran and its allies on Syria is aimed at restoring democracy to the conflict-ravaged Arab country and its people.

Spokesman for the Atomic Energy Organization of Iran Behrouz Kamalvandi met Rosatom's Deputy Director General for International Affairs Nikolai Spassky in Moscow on Tuesday. Kamalvandi and Spassky…

A high-ranking official said the US will certainly play no role in overseeing next week's peace talks in the Kazakh capital Astana between the Syrian government and opposition groups, although he…

Saudi Arabia is to blame for the Middle East's catastrophic situation that has affected all regional countries, a lawmaker said after Riyadh's top diplomat made fresh accusations against Tehran of…

Closer relations between Iran and its Persian Gulf Arab neighbors are within reach, if members of the (Persian) Gulf Cooperation Council show a change of attitude toward Iran and rectify their…

Children and their parents in six southern districts of the capital Tehran will be examined for heart problems over a two-day period (January 18-19), said Samaneh Zamani, director general of the…

A bill passed by parliament in an open session on Sunday has approved two-week paternity leave for fathers.

Men employed at government or public organizations can make use of paternity…

The Leader Ayatollah Seyyed Ali Khamenei issued a religious decree in 2002 declaring embryonic stem cell research acceptable under Islamic law. American scientists at the time were stuck in an…

Two decades after they were spurred into action to tackle AIDS in Africa, global drugmakers said on Wednesday they would invest $50 million over three years to fight cancer and other non-…

The State Welfare Organization is implementing measures to assess and evaluate all kindergarten teachers in the country as per specific standards.”The scheme is being piloted in Tehran Province at…

The second sound barrier in District 20 of Tehran Municipality (TM) will be installed at the end of the 40-km Imam Ali Expressway, where many residential apartment buildings are located close to…

In a meeting between Belarusian deputy health minister Shylo Vyacheslav Dmitrievich, and his Iranian counterpart Rasoul Dinarvand, in Tehran on Wednesday, the two sides discussed avenues to…

Iran’s leading carmakers along with Austrian and German auto manufacturers are designing an energy-efficient vehicle.

The hitherto unnamed model is expected to be in the market in the near…