US crude stocks rose by 11.6 million barrels last week.
Read More »Turkey to Conduct Seismic Exploration in Mediterranean. Black Sea
Two vessels will carry out 2D and 3D seismic exploration work.
Read More »Iran Oil Exports Increase to Levels Last Seen in 1970s
Crude oil exports from Iran reached 3 million barrels a day for the first time since the 1979 Islamic Revolution.
Read More »Iraq. Kurdish Group Reach Deal on Kirkuk Oil Flow to Turkey
The huge Kirkuk oil field can pump around 150.000 barrels per day.
Read More »Iran Becomes Self-Sufficient in Oil Industry Commodities
Five new South Pars phases could come on stream in late March or early April by the Iranian President.
Read More »Work on Joint Oil. Gas Fields. Iran’s Top Priority
Iran shares a number of oil and gas fields with its Arab neighbors in west and southwest.
Read More »Russia’s Giant Interested in Iranian Oil Fields Shangule. Cheshmeh-Khosh
The company was also ready to consider the options of its participation in other consortiums regarding the development of Iranian oil fields.
Read More »Iran. South Africa Agree to Boost Energy Cooperation
The purchase plan was aimed at guaranteeing long-term oil exports to the country.
Read More »Iran. Total Talks on Oil Platform Construction
Iran has launched talks with France’s Total over making technical amendments to platform building yard of Bandar Abbas.
Read More »Iran Crude Oil Exports Hits 3 Million bpd
Before the [nuclear agreement] we struggled to export one million barrels per day.
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