Iran

December 11, 2012

Iran holds the world's third-largest proven oil reserves and the second-largest natural gas reserves
13:43 GMT

The Iranian Oil Ministry reportedly plans to establish a refinery near the Caspian Sea and feed it by crude oil which is derived from the sea.

December 10, 2012

China and other countries in Asia, including South Korea continue to buy Iran’s oil
16:23 GMT

Western pressure that forced foreign ship classifiers out of Iran has increased safety risks including the danger of an Iranian vessel spilling oil on another country’s coast, the chief executive of Lloyd’s Register said.

December 6, 2012

The aftermath of the earthquake (Photo: Mojtaba Gorgi / MEHR News / AFP)
11:01 GMT

An earthquake struck Eastern Iran early on Wednesday evening, killing eight people and injuring 12, Reuters reported.

Turkey should avoid any sanctions slapped on Iran
09:43 GMT

The United States should exempt Turkey from new sanctions it is contemplating against Iran over its disputed nuclear programme, the Turkish energy minister was quoted as saying by the local media yesterday.

December 5, 2012

Throughout the Arab Spring, people demanded the end to corruption, but a new report shows much more needs to be done
14:15 GMT

As results in the Corruptions Perceptions Index break, the Arab Springers and the region measures its great expectations against its poor results. Qatar’s corruption rating glows against other Arab members states – but it is the best of a bunch of bad eggs.

December 4, 2012

Turkey will continue to import gas from Iran
10:38 GMT

Turkey's Prime Minister has been quoted as saying that it will continue to import gas from Iran, despite sanctions against the Islamic Republic.

The prototype of a European combat drone, known as "Neuron". (AFP PHOTO / DASSAULT AVIATION / R. MICHELIN)
08:26 GMT

According to members of the Revolutionary Guard, Iran has "captured" a US drone they found in their airspace.

December 3, 2012

Iran needs to increase oil production in the Gulf in response to sanctions
09:02 GMT

Iran is having to dramatically increase oil production facilities in the Gulf in response to international sanctions on its exports, Iran’s Press TV reported.

December 2, 2012

Iranian president, Mahmoud Ahmadinejad, attends the UN General Assembly in September
08:52 GMT

President Ahmadinejad moves his political favorite to another position of power, despite criticism from conservatives.

November 29, 2012

A handout picture released by the Syrian Arab News Agency (SANA) shows Syrian President Bashar al-Assad (R) meeting with Iranian Parliament Speaker Ali Larijani in Damascus. (AFP PHOTO/HO/SANA)
08:20 GMT

The document details the corruption in the Syrian government's army as well as Tehran's frustration with Bashar al Assad.

November 28, 2012

Iranian president, Mahmoud Ahmadinejad
09:44 GMT

According to diagrams obtained by the Associated Press, Iran is drawing up diagrams for a nuclear weapon with three-times the force of those used in World War 2.

Iran has rejected claim that it was to offer free oil to Jordan
02:00 GMT

Iran's embassy in Jordan categorically denied media reports alleging that Tehran has offered to supply free oil to Jordan following media reports.

November 26, 2012

Iran is set to increase gas production in South Pars gas field
11:37 GMT

Iran has announced that it will increase gas production in the giant South Pars gas field. The Islamic Republic has also announced that it will build more storage for oil facilities as Western sanctions are begin to bite.

November 20, 2012

Iran's President Mahmoud Ahmadinejad telephoned Pakistani President Asif Ali Zardari  ahead of the 'D8' summit
11:53 GMT

Iranian President Mahmoud Ahmadinejad telephoned Pakistani President Asif Ali Zardari on Monday and discussed bilateral relations as well as matters related to the forthcoming summit of the countries of the D-8 group in Islamabad.

November 18, 2012

Iran has granted Lebanon money for the construction of a water dam
07:34 GMT

Iran granted Lebanon a $40 million cash donation Friday to finance the construction of a water dam in Batroun.