IndiasOil and Natural GasCorp.is in talks with Iranian state company Pars Oil and Gas Co. to return to a $10 billion gas project that it abandoned because of American pressure, a top official in Tehran said Wednesday. The Indian company, known as ONGC, approached the Iranians last week during an energy conference in Tehran, saidAli-Akbar Shabanpour,...

By Xinhua TEHRAN, Oct. 18 (Xinhua) -- Iranian private oil companies plan to lodge a complaint against the European Union (EU) in international courts in protest of the bloc's "illegal" sanctions against Iran, Tehran Times reported Thursday. Quoting a source on the condition of anonymity, the report said some of the companies, which have been ...

By Reuters (Reuters) -Irandenied on Tuesday a claim by the U.S. Treasury that its state oil company is linked to the country's powerful Islamic Revolutionary Guard Corps (IRGC). The designation, made in a Treasury report to Congress, enables the United States to apply new sanctions on foreign banks dealing with the National Iranian Oil Company ...