Azadegan'.s in-place oil is estimated at 33.2 billion barrels.
Read More »Saudi Aramco Sees Oil Market Balance Despite US Boom
Aramco is planning what may be the world’s largest stock sale.
Read More »South Pars Gas Deal with Total Finalized
Iran aims to raise natural gas production to 1.1 billion cubic meters per day in the present fiscal year.
Read More »SOCAR to Remain a Driver of Azerbaijani Chemical Industry’s Development
The chemical industry is very important for Azerbaijan.
Read More »India Imposes Duty on Iran LAB
LAB is an important input in the detergent industry.
Read More »China Looks Away from OPEC for Oil Imports
Imports into China from non-OPEC countries has risen from just 34 percent to 43 percent over the last five year.
Read More »Schlumberger Invests in South American Shale
Schlumberger is to invest nearly $400million in a shale field in South America.
Read More »Plan to Use Drones for Power Grid Inspection
The planned move comes in the wake of massive dust storms that put the reliability of Iran'.s power grid system to a severe test this year.
Read More »Saudi Aramco to Supply Full Crude Contract Volumes to Asia. Offers More Light Oil
Saudi Aramco plans to supply full volumes of crude to least six buyers in Asia in May.
Read More »Iran`s Oil Ministry Will Buy Equipment from Domestic Firms
Iran also wants to expand the production of a variety of equipment. such as control valves. pipes. rotating machines.
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