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Lukoil says it will sign deal with Iran to start drilling

Oil companies are eyeing projects in Iran, which has the world’s fourth-largest reserves, after the nation came to an agreement with the U.S. and other world powers to curb its nuclear program in...

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Iran could be target for $1 billion in gasoline sales, once sanctions lift

The nation with the world’s fifth-largest crude reserves may need to buy about 50,000 barrels a day of gasoline if sanctions are removed in early 2016 as expected.

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Iran lawmakers vote to implement nuclear deal

Iran's parliament voted Tuesday to support implementing a landmark nuclear deal struck with world powers despite hard-line attempts to derail the bill, suggesting the historic accord will be carried out.

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Iran to start oilfield-investor bidding process by late March

Iran, with the world’s fourth-largest reserves of oil, is gearing up to boost output once world powers lift the sanctions they imposed to deter the nation’s nuclear program.

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Russia’s oil rivalry with Saudis masks bigger Iranian threat

Iranian shipments to Europe came to about 600,000 barrels a day, or 17 percent of its production, before sanctions blocked imports in 2012.

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Iran sweetens terms for oil investors as end of sanctions looms

The Iranian government hopes international companies will commit at least $100 billion that Iran says it needs to boost oil-production capacity by more than 1 million barrels a day.

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U.S., Iran forge new relationship as nuke deal advances

For diplomats from countries without diplomatic relations, Secretary of State John Kerry and Iranian Foreign Minister Mohammad Javad Zarif sure are doing a lot of diplomacy.

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Iran to boost oil output by 500,000 barrels

The U.N. nuclear agency certified Saturday that Iran has met all of its commitments under last summer's agreement, prompting the lifting of sanctions.

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Cheney chides Obama on fossil fuel stance, lifting Iran sanctions

Cheney said the U.S. should get more involved with energy diplomacy to weaken its enemies

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Iran signs flurry of business deals as leader visits Europe

Some business deals are ready to be inked but others are still in negotiation as a few sanctions not related to the nuclear program remain in place, particularly by the U.S., on the trade of goods that...

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