Despite resorting to renewable energies has been long put atop the agenda in the developed countries, oil and gas and other fossil energy resources will continue to attract energy consumers’ attention in the world at least for the next half a century. For this reason, extensive interaction among the countries possessing energy reserves as well as study and control of the conditions of the other party could effectively maximize the benefits arising from the exploitation of a variety of fossil energies in all aspects. This article deals with the potentials found in Iranian and Qatari oil and gas resources, exploring the grounds for convergence and divergence between the two nations. It concludes that a variety of factors put emphasis upon attention to the grounds of integration between the two nations and expansion of bilateral energy diplomacy.