The Oil ministry is ready to express the management charter of physical assets in drilling industry according to societies and activists of this sector.
Read More »Iran Proven Hydrocarbon Reserves more 30 Billion Barrels than 2011 Estimates
New drilling operations at old oil and gas fields have led to new discoveries.
Read More »NIOC Reveals Oil. Gas Discoveries
Iran has made inroads in its oil and gas exploration sector with discoveries of 13 oil and gas reservoirs over the past three years.
Read More »Oil Rises as OPEC-led Output Cuts Trim Oversupply
Brent crude was 45 cents higher at $56.04 a barrel by 0950 GMT. U.S. light crude oil was up 35 cents at $53.28.
Read More »Moody: Bigger Energy Deals in 2017
.Exploration and production deals. meanwhile. should keep getting bigger this year. Moody’s said
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 »Europeans Interested in Iran Petchem Projects Despite US Sanctions
The latest sanctions have had no effect on ongoing talks between NPC and international petrochemical giants to attract investme
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 »NIOC. Pasargad Energy Co. Sign Oilfield Study Agreement
.Pasargad will have six months to complete its studies and submit a development plan
Read More »Iran. Total Oil Cooperation
.NIOC signed a heads of agreement (HOA) with Total in November for development of South Pars Phase 11
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