The first FPSO is still en route to its operational location where it will become installed.
Read More »Iran’s Post-Sanctions Oil Exports to EU Rise
Iranian crude exports via tankers jumped to 563 shipments last year from 66 in 2012.
Read More »Iran’s New EOR Law Not in Conflict with IPC
Iran plans to invest $100 billion in upstream oil and gas projects by 2021.
Read More »Aramco Buys $7b Stake in Petronas
Aramco will take a 50% stake in select ventures and assets in the refinery and petrochemical integrated development project developed by Petronas.
Read More »Norwegians in Petroleum Talks
Norwegian companies can also offer consultancy to NIOC on rehabilitating dilapidated oil and gas facilities.
Read More »Saudis Prefer $60 Oil in 2017
OPEC officials have repeatedly said the group does not target a specific oil price.
Read More »Iran-Russia Oil Deal a “Relic” of Sanctions Era
Iran would be able to import goods from Russia instead of being paid in cash in return for the oil.
Read More »Iran to Boost Crude Exports by 30 Percent
Iran will increase its oil exports from the current 450.000 barrels per day to 600.000 barrels per day.
Read More »Parliament Requires Oil Ministry to Boost Strategic Reserves
The Ministry of Petroleum should increase the country’s strategic reserves of oil and natural gas .
Read More »Asian Imports of Iran’s Oil Up About 70%
India'.s imports more than tripled to 554.600 bpd. topping China'.s for the first time since November.
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