Operator Shell Offshore Inc. today announced a significant discovery at the Blacktip prospect in the deepwater U.S. Gulf of Mexico. Equinor holds a 19...

TEHRAN (Shana) -- Iran holds about 67 billion barrels of oil in place in the jointly owned oil fields in the West Karoun area. Until 2013, Iran was ex...

TEHRAN (Shana) -- Iran holds 102 oil and gas fields, 28 of which are jointly owned with neighboring countries. The joint onshore fields are shared wit...