Iran has prioritized the development of West Karoon block, including North and South Azadegan, Yadavaran and North and South Yaran fields with 64 billion barrels of reserves, which currently share about 6 percent in the country's total crude oil production.
The Islamic Republic has always supported the stability and independence of Latin American countries, says Iran’s foreign minister
Other News 03:51
Four vessels from Iran's Islamic Revolutionary Guard Corps (IRGC) "harassed" a U.S. destroyer on Tuesday by carrying out a "high speed intercept" in the vicinity of the Strait of Hormuz
Business 24 August 23:19
Iran has enough of financial resources to complete the development of South Pars gas field
Politics 24 August 18:37
Iran is going to use international lawyers in its efforts to sue Saudi Arabia over a mass crush that killed thousands of pilgrims during the Hajj last year, a diplomat has said.
Society 24 August 17:18
Five people have died in a blast in an apartment in Ahvaz, Khuzestan Province in southwestern Iran.