Aramco plans to invest $300 billion over the next decade. with the focus on gas.

Total has a 50.1-percent share in the deal. The state-owned China National Petroleum Corp. has 30-percent stake and Iran’s Petropars has 19.9 percent.

The new pipeline. with a length of 941.8 kilometers. stretches from Mohe at the Russian border to Daqing.

Since 1996 Poland has been getting the vast majority of its gas from Gazprom.

Iran has steadily reconnected with buyers across Europe since sanctions were lifted and NITC expects to play a bigger role.

We can count some of our old friends among them. like Shell. ExxonMobil. and Chevron!

The operation of the Al Shaheen Field under the new arrangement runs for 25 years. starting on July 14.

Currently. Iran’s oil output stands at 3.8 million barrels per day. despite numerous statements that the country reached its pre-sanction production level of 4 million bpd.

Aminex expects that the Ntorya appraisal area includes gross Pmean GIIP of 466 billion cubic ft.

OPEC must increase output cuts aimed at shrinking a global glut with little public announcement in order to jolt investors.