Although Iran has one of the biggest supplies of natural gas and crude oil in the world, it finds itself in a full blown energy emergency, coming just as it also suffers major geopolitical setbacks.

Iran said on Friday that it will take over Qatar in production of natural gas from a key field that both share as it expects a significant rise in production from the field before March 2017.

Iran is boosting natural gas production from Phase 11 of the giant South Pars field after bringing online a key new well, Iranian media reported on Tuesday. The eighth well at South Pars 11 ...

Iran agreed to cooperate with Greece, which is seeking to cover rising energy consumption ahead of the 2004 Athens Olympics, in transferring natural gas from the east to the European Union.