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Iran promises licence to India for developing Farzad gas field

Last Updated: Wednesday, August 12, 2015, 23:41

Iran has promised India the licence to develop ONGC-discovered Farzad-B gas field in the Persian Gulf and has asked the state-owned firm to submit an investment plan, an executive said Wednesday.

Iran acting tough on ONGC over development of gas field

Last Updated: Monday, May 11, 2015, 18:04

Indian firms have so far shied away from investing in Iran for the fear of being sanctioned by the US and Europe.

Oil rig mishap: Indian embassy officials to meet authorities

Last Updated: Saturday, December 28, 2013, 20:09

India deployed mission staff in Saudi Arabia after bodies of two Indians, reported missing after an offshore oil rig of state-run petroleum giant Aramco sank in the Persian Gulf, have been found.

Two Indians missing after Saudi oil rig sinks in Persian Gulf

Last Updated: Saturday, December 28, 2013, 15:25

Two Indians are among three people who went missing after an offshore oil rig belonging to Saudi Arabia`s state-run petroleum giant sank in the Persian Gulf.

India can learn a lot from Bahraini F1 model

Last Updated: Sunday, December 1, 2013, 18:59

Coming April 6, Bahrain will be hosting its 10th Formula 1 Grand Prix, and for the first time under lights to make sure that they are not muscled out of the overcrowded calendar.

Iran seizes two Saudi boats in Persian Gulf

Last Updated: Thursday, November 28, 2013, 10:12

Earlier this year, the Islamic Revolution Guards Corps`s naval force seized another Saudi vessel after it illegally entered the Iranian waters.

Ancient Persian artifact a gift of US diplomacy to Iran?

Last Updated: Sunday, September 29, 2013, 16:53

A 2,700 year-old silver Persian chalice, snagged in a customs warehouse here for a decade, may be a new token of friendship between arch-foes, the US and Iran.

Indian tanker allowed to leave Iran after 26 days in detention

Last Updated: Saturday, September 7, 2013, 13:35

Having been in detention for nearly 26 days at Iran`s Bandar Abbas Port, Indian oil tanker MT Desh Shanti has finally been allowed to leave.

Iran, India hold hectic negotiations over tanker issue

Last Updated: Saturday, August 17, 2013, 08:39

Iran continues to detain Indian tanker citing environment concerns for the sixth day on Saturday even as the two countries are involved in hectic negotiations to resolve the issue.

Iran detains Indian tanker carrying crude, wants undertaking

Last Updated: Thursday, August 15, 2013, 15:17

Iran has detained India`s largest ocean liner Shipping Corporation`s vessel carrying crude from Iraq on Tuesday.

US Navy adds ships to boost presence in Arabian Gulf

Last Updated: Friday, July 5, 2013, 15:31

The US Navy has decided to add three more patrol coastal ships to its force in the Arabian Gulf.

Iran launches rearmed destroyer on Persian Gulf

Last Updated: Tuesday, June 11, 2013, 18:37

Iran says it has launched a 50-year-old destroyer on the Persian Gulf after overhauling it and rearming with modern missiles.