The focus is now to re balance the market.
Read More »Iraq Looking for Iran`s Cooperation to Exploit Shared Oilfields
Iran is now ready to export gas to Iraq and Baghdad is also ready to receive the item.
Read More »India to Cut Iranian Oil Purchases in Row Over Gas Field
Under sanctions. Iran was banned from the global financial system. preventing the field'.s development.
Read More »President Invites for Wise Use of Caspian Sea
We have ignored to install recreation facilities in the Caspian Sea to serve our people.
Read More »Saudi Arabia Likely to Cut May Crude Prices to Asia on Weak Demand
Saudi Aramco officials as a matter of policy do not comment on the kingdom'.s monthly OSPs.
Read More »Japan Activates Investment Agreement with Iran
The agreement covers a host of full and comprehensive issues in terms of encouraging and supporting investment in Iran and Japan .
Read More »President: Iran-Russia Relations Beneficial to Region
Russia as an important regional country and neighbor of Iran has played an important role in Iran'.s foreign diplomacy.
Read More »Iran Begins Oil Recovery from South Pars
Production from the layer will reach 35.000 barrels per day once its wells are fully operational.
Read More »Russia Remained the World’s Top Oil Producer in January
Analysts and experts are now mostly predicting that oil prices will remain below $60 this year.
Read More »Iran’s 14 Billion-Barrel Oil Field Comes Online
South Pars is a very advanced project from a technical perspective.
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