Iran’s gas reserves account for 18 percent of world’s total.
Read More »Zarubezhneft Mulls Joint Oil Production in Uzbekistan
Two sides established a joint working group and launched joint research with the participation of specialists from the two companies.
Read More »Japan Still Seeks Exemption from US Boycott for Iran Oil
Tokyo has asked Washington to exempt Japan from the embargo.
Read More »US Sanctions Harmful for Europe Firms
The Europe is reliant on oil imports for 98 percent of demand.
Read More »Turkey’s STAR Refinery will Process Russian Oil
STAR refinery will produce naphtha. ultra-low sulfur diesel. aviation kerosene. petroleum coke. liquefied gas and other products.
Read More »Iran will Rise Electricity Production by March 2019
Iranian power plants will have an increase of 5.000 megawatts by the end of the current Iranian calendar year.
Read More »Russian Oil Production Steady in August Near Post-Soviet High
OPEC oil output rose last month to a 2018 high as Libyan production recovered and Iraq’s southern exports hit a record.
Read More »Markets are Tighten on Iran-US Tensions
Iran is also awaiting European guarantees on the sale of Iranian oil and banking relations.
Read More »PetroChina will Grow Natural Gas Output Faster Than Oil
LNG is playing an increasingly important role in China'.s energy security.
Read More »Nord Stream 2 Pipeline Progress despite Sanction Risk
Uniper will remain one of the financing partners of this project.
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