Iran was OPEC’s second-biggest supplier at the time of Zanganeh’s dismissal.
Read More »Iran and Iraq Reach Agreement for Pipeline
Kirkuk will take part in the referendum this fall. deciding whether they want to remain with Iraq or join Kurdistan’s bid for independence.
Read More »Oil Traders Await U.S. Reaction to Venezuelan Vote
The U.S. buys about a third of Venezuela’s crude production and is the main buyer that pays in cash.
Read More »Russia Eager to Help Develop Iran`s Oilfields
With 137.6 billion barrels of proven reserves. Iran has the world’s fourth largest crude deposits.
Read More »Iraqi Oil Minister Heading to Tehran
Iran'.s gas export to Baghdad via Khanaqin pipeline began in late June this year. Iraq and Iran have signed two agreements to transfer gas to Baghdad and Basra.
Read More »New Pipeline to Guarantee Stable Supply of Gas in North Iran
Last winter. Turkmenistan breached a deal with Iran by cutting gas supplies.
Read More »New Iran Commission to Oversee Total Gas Deal
The deal with Total increases Iran'.s energy security and is likely to encourage other foreign companies to invest in Iran.
Read More »Oil Minister Defends Gas Deal with Total in Parliament
Total holds a 50.1 interest in the South Pars project with state-owned China National Petroleum Corporation owning 30 percent and Iran’s Petropars 19.9 percent.
Read More »Iran Aims to Rise West Karoun Output
The field holds 2.5 billion barrels of crude oil in place. some 400 million barrels of which are recoverable.
Read More »Iran’s PSEZ `a Top Destination for Petchem Investment`
Development of petrochemical plants is one of the key issues on the Rouhani administration'.s agenda.
Read More »