Producing energy the world needs from kilometres below the ocean’s surface in freezing temperatures, immense water pressure and pitch darkness m...

During the toughest downturn in oil prices for decades, some energy projects had to find inventive ways to survive. One was Appomattox, a major deep-w...

TEHRAN (Shana) -- A major Asian consortium is planning to invest 7 billion dollars in Iran's petrochemical industry, an official with the National...

TEHRAN (Shana) --A senior official at the National Iranian Oil Company (NIOC) said no changes had been made in the terms of Iran's multi-billion-d...

TEHRAN (Shana) -- The oil market fever never ceases and the struggles over how OPEC's oil supply rises in the market linger; such struggles have t...