The first and largest oil agreement between Iran and South Korea has been sealed.

The first partnership of Argentinians in Iran is expected to take place at an oil field in the country’s southern regions.

RIPI is cooperating with international study centers for deploying EOR methods.

Iranian petrochemical plants can supply 65 million tons of petrochemical products annually.

Philippines was one of Iran'.s oil customers in the past and is now holding talks for restoring purchases from the OPEC-member oil producer

Global oil and natural gas prices are expected to remain volatile again in 2017.

Libya reopened the Sharara field last month and the nation’s total pumping rate stood at 650.000 barrels a day.

Relying on nation'.s power. is the only way toward a real and durable development.

The project for development of phases 22. 23 and 24 aims daily extraction of 56 million cubic meters of gas from South Pars and once it is complete.

The Islamic Republic of Iran railways has plans to put out of service the wagons with the age of 45 years this year.