.The two neighbors hope the pipeline can be commissioned two years after construction work begins
Read More »US Export More Oil Than 4 OPEC Producers
.The world’s largest oil-consuming country could sell as much as 800.000 barrels per day of crude overseas this year
Read More »Czech Official Emphasize Potential in Iran Energy Sector
.Tehran and Prague opened talks on electricity production projects after international sanctions were lifted a year ago
Read More »More Work Is Needed to Fulfill OPEC Deal
.OPEC’s agreement lasts for six months. with the goal of shrinking bloated oil inventories that are keeping a lid on prices
Read More »National Iranian Oil Co.: Foreign Firms Owe $4.8b
.Iran'.s gas production has soared to 840 million cubic meters per day from a total of 490 mcm/d in mid-2013
Read More »Iran’s Steel Exports Top 4.4m Tons in 10 Months
.Iran is currently the world’s 14th largest steelmakers
Read More »Iran Takes after Qatar in Gas Recovery from South Pars
.Iran'.s production of natural gas from the supergiant South Pars Gas Field stands at 480 mcm/d
Read More »Iran Proven Oil Reserves beyond 711bb as of 2016
.Iran has so far pumped 72.95 billion barrels of crude oil from its reserves with an average recovery rate of 24.65%
Read More »Next Generation Nuclear Reactors Stalled by Delays
.In 2015. the average global investment cost to develop a new nuclear plant was $5.828 per kilowatt
Read More »Iraqi Official Positive About Renewing Power Export Deal
.Officials in Tehran say they are waiting for the government in Bagdad to renew the contrac
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