Oil

Iran is looking to raise production capacity from joint fields with Iraq by more than 10%.

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

The refinery is currently supplying 25 per cent of the country’s gasoline demand.

Tokyo is going to continue its assistance of up to 40 billion Japanese Yen annually for the next four years starting in 2017.

It is no surprise that historically Iran’s national tanker line NITC is the largest provider of tonnage.

According to Pertamina'.s proposal. the number of oil wells in Abteymour field will increase from the current 50 to 257.

At least nine of the LNA forces were allegedly killed and eight others sustained injuries in the clashes.

The first FPSO is still en route to its operational location where it will become installed.

Iranian crude exports via tankers jumped to 563 shipments last year from 66 in 2012.

Iran plans to invest $100 billion in upstream oil and gas projects by 2021.