Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The South Pars field contains 14.000 billion cubic meters of gas. 8% of the world'.s known reserves.
Read More »Increase in Extractions from South Pars Joint Gas Field
Tehran to Hold 1st IPC Tender in January
The new IPC has more flexible terms that take into account oil price fluctuations and investment risks.
Read More »BP Not Applied for Iran Upstream Tenders
BP is taking a more cautious approach ahead of a Donald Trump presidency which threatens renewed diplomatic tensions with Tehran.
Read More »Iran Issues List of 29 Companies Approved to Bid in Oil. Gas Tenders
BP had opted out of the bidding because of concerns over possible renewed US-Iran tensions after president-elect Donald Trump takes office on Jan. 20.
Read More »Iran’s Energy Sector 2016: The Notable Events
Major European companies including Royal Dutch Shell. BP. Total and Eni resumed buying Iran'.s crude oil last year as Iran ramped up oil sales to its traditional customers in Asia.
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