Lukoil. a big oil products importer on the European market. would continue working on European projects and would keep its retail net in Turkey.
Read More »Oil Min: Iran Will Not Accept New Crude Cuts
Tehran has envisioned $130 billion in investment to develop its oil and natural gas fields.
Read More »Iran. Venezuela Discuss OPEC Output Cut. Global Oil Market
Iran is ready for any measure contributing to stability in the oil market.
Read More »Iran Reluctant to Ship Its Oil to Americas
Iran for exporting its oil to Americas needs to carry out further studies.
Read More »Iran`s Gas will Reach Pakistan
The cooperation of non-OPEC countries. in particular Russia. is good in the deal to reduce oil supply.
Read More »Iran Greets Cooperation between OPEC. Non-OPEC Countries for Maintaining Oil Market Stability
The project has faced repeated delays since it was conceived in the 1990s to connect Iran'.s South Pars gas field to Pakistan.
Read More »Iran Says OPEC Compliance with Output Pact Increasing
Under the agreement OPEC is curbing its collective oil production by about 1.2 million bpd.
Read More »Iran`s Crude Export to Asia Increased in July
Iran is aiming to raise oil output to around 4 million bpd by the end of the year from around 3.8 million bpd in recent months.
Read More »Iran`s New Oil. Gas Contracts with Foreign States Prove Failure of US Policy
In July. the US Senate approved a bill on new non-nuclear sanctions against Iranian individuals and entities over the country'.s missile program and alleged human rights violations.
Read More »Iran Builds Oil Terminal on Sea of Oman Coast
In order to feed the terminal. Iran will need to construct a pipeline stretching more than 1.000 kilometers to carry one million barrels of oil a day.
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