Investment in upstream oil and gas projects tends to be high-return but risky.
Read More »Offshore Sections of 27 South Pars Phases Fully Developed in 2020
Iranian Minister of Petroleum Bijan Zangeneh said that the offshore sections of 27 South Pars phases would be fully developed in the first half of 2020.
Read More »Fifth Strategic Congress and Exhibition of Oil and Power
Oil Prices Gain. All Eyes on Sino-U.S. Trade Talks
There are mixed signals on what the outcome of this meeting would be.
Read More »New Permian Oil Pipelines Fail to Deliver Immediate Export Boost
Newly commissioned Permian basin crude pipelines have yet to boost U.S. crude exports. as the ongoing U.S-China trade war weighs on demand from Asia.
Read More »Gasoline Production in Euro-5 Kicks Off in Lavan Oil Refinery
Chief Executive of Lavan Oil Refining Company on Monday Mohammad Ali Akhbari revealed the production of gasoline. observing the euro-5 standard of the European Union (EU).
Read More »Farzad-B Oilfield May Be Developed with Iranian Firms
Iranian Oil Minister Bijan Namdar Zanganeh said that Farzad-B oilfield will likely be developed by Iranian companies.
Read More »Oil Minister Visits Mapna Engineering and Turbine Company (TUGA)
Phase I of Azar Oilfield Complete by March 20
The first phase development project of Azar Oilfield will be complete with 65.000 b d of crude oil production capacity.
Read More »NISOC Ready to Maximize Oil Output
The CEO of the National Iranian South Oil Company (NISOC) said the company was prepared to bring its oil production to maximum in the shortest time possible.
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