Iran reportedly objects to the recent ruling of the British Court of Appeal regarding the transfer and possible enforcement of the confiscation order of the NIOC building in London in favor of the Emirati Crescent company.

A report shows Iran has managed to significantly increase its oil production in a short period of time.

Iran’s state oil company raises its June selling price for light oil to customers in Asia.

Iran’s Oil Ministry plans to purchase 15 new onshore drilling rigs with an investment of $800 million.

Iran launches $528 million worth of oilfield development projects near the border with Iraq.

Iran’s CBI will provide a $3 billion loan to state oil company to fund an increase in oil production.

The National Iranian Oil Company says Iran has discovered shale oil reserves in 10 different areas across the country.