Recent Posts

Iran, Turkey Close to Striking Energy Deal

TEHRAN (FNA)- Iran and Turkey have resolved problems on planned investment in the South Pars gas field and they may sign a production accord in November.

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OPEC to Cut Oil Supply by 1.5mln bpd

TEHRAN (FNA)- Members of the Organization of Petroleum Exporting Countries have decided to cut production by 1.5m barrels a day from November in a bid to stem a collapse in prices.

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Russia Warns US against Sanctions

TEHRAN (FNA)- Moscow accused Washington on Friday of breaking international law and undermining cooperation on Iran’s nuclear program after it imposed sanctions on Russian companies.

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