The government of Pakistan is determined to complete a multibillion dollar gas transmission project with Iran despite US opposition and threats of sanctions.

The National Iranian Oil Company says Iran has discovered shale oil reserves in 10 different areas across the country.

Iran signs a 5-year extension on its gas supply deal with Iraq.

A US diplomat says Washington opposes the Iran-Pakistan (IP) gas pipeline project and is exerting maximum efforts to prevent its construction.

Iran’s state oil company the NIOC awards contracts worth some $13 billion to domestic companies.

Iranian companies have signed contracts worth $20 billion to boost gas pressure at the giant South Pars (SP) field in the Persian Gulf, in a plan which is expected to generate $900 billion in revenue.

Pakistan dismisses the United States' objection to its decision to start work on a joint pipeline project between the country and Iran.