Russia will continue participating in the OPEC deal on oil production limiting despite dissatisfaction with the current prices level.
Read More »Iran Interested in Caspian Reserves Development
In 2012. Iran discovered a new oil layer with in-place reserves of two billion barrels in Sardar-e-Jangal oil and gas field.
Read More »New-Generation Centrifuge Test Highly Successful
The day 20th of the Iranian month of Farvardin was called the National Day of Nuclear Technology in 2006.
Read More »IPC Oil Contracts will Boost Foreign Investment
The IPC has more flexible terms that take into account oil price fluctuations and investment risks.
Read More »BP Authorized to Operate Rhum Gas Field with Iran
BP currently intends to continue to hold its ownership stake in the Rhum joint arrangement and act as operator.
Read More »SOCAR May Take Part in Oil. Gas Projects of Iran
The two countries considered cooperation in the gas trade sphere. implementation of joint projects with third countries. and held wide exchange of views.
Read More »Rosneft to Prepay $1b for Crude from Iraqi Kurdistan
Under the deal with the KRG. Rosneft will receive its first 600.000-barrel cargo this week.
Read More »OPEC Basket Down in Price
Oil prices are rising on April 7.
Read More »Iran Predicts Less Oil Export Than Before Sanctions
After the removal of sanctions in January 2016. Iran increased the oil export gradually. up to about 3 mb d in March.
Read More »Oil Prices Steady
Libya'.s gain means oil market pain.
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