Companies

Shell said in its annual report it had bought only three cargoes of Iranian oil over the past year.

According to the IEA. Iraq will increase its output to 5.4 million barrels per day by 2022.

The NIOC has published a list of foreign companies declared as eligible for bidding in tenders.

The company was also ready to consider the options of its participation in other consortiums regarding the development of Iranian oil fields.

Philippine energy officials believe that Iran can provide their power plants with the much-needed LNG as it has the world'.s largest gas field.

Russia'.s production would need to fall by a further 100.000 bpd in March in order to comply with the agreement.

Tatneft had signed a memorandum of understanding in October to study the Dehloran oilfield in western Iran.

Kish gas field is located off Kish Island in the Persian Gulf.

Iran is making rapid forays into the European crude oil market.

Siemens has made notable headways in cooperation with Iran after international economic sanctions were eased last year.