Iran'.s share in total reserves of the field is about 11 percent. Foroozan contains 3.432 billion barrels of in-situ oil reserves.
Read More »Saudi Arabia: keeping the lid on
The recent arrests of around 30 clerics and intellectuals show that the king-in-waiting won’t tolerate dissent.
Read More »India in Talks to Acquire 20 Percent of UAE Oilfield
India imports oil to meet most of its growing energy demand.
Read More »Iran-Pakistan Gas Pipeline Critical for CPEC’s Energy Needs
Iran and Pakistan were historically and culturally one nation. having several commonalities in their concerns as well as interests.
Read More »Oil the Key to North Korea Crisis
China is the main supplier of oil to North Korea.
Read More »Expect A Flurry of Oil Deals In This Asian Nation
Japanese companies are going to require major investments in international oil and gas projects.
Read More »Azerbaijan Among Over-Conforming Non-OPEC Countries
The reductions will be on the same terms as those agreed in November.
Read More »TAPI Project Never Replaces Gas Imports from Iran for Pakistan
Iran has already built 900 kilometers of the pipeline on its own soil and is waiting for the 700-kilometer Pakistani side of the pipeline to be constructed.
Read More »KRG Independence Referendum Won`t Impact Iraqi Oil Production
The KRG in recent weeks has resolved a series of its disputes with oil and gas firms ahead of next week’s vote.
Read More »Could Kurdish Independence Spark an Oil War?
The Kurds are expected to vote on their political status in late September.
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