Recent exploration over the past two years has more than doubled the field’s estimated reserves to about 813 million boe.
Read More »Iran to Accept No Inspection Outside IAEA Framework
Iran has conducted its enrichment activities in line with its long-term enrichment and R&.D enrichment plan.
Read More »Delivery of Russian Gas to Armenia Resumed
Despite the halt both enterprises and households in the country continued getting gas from the Abovyan underground storage facilities.
Read More »Foreign Companies Eager to Invest in Iran’s Oil and Gas Industry
There is intense competition across the world to attract foreign investment. but the assets are limited while competition for absorbing them is high.
Read More »Japan’s Economy Ministry Requests Budget Increase to Tap Oil Opportunities in Iran
In July. NIOC signed an MoU with Japan’s engineering group Toyo to revamp facilities and upgrade recovery at the Salman gas field in the Persian Gulf.
Read More »European Refiners Set to Benefit from Gulf Coast Chaos
The East Coast of the U.S. could avoid supply disruptions for the time being because of adequate storage.
Read More »Is Trump Trying to Use the IAEA to Kill the Iran Deal?
There is a broad consensus among US allies in Europe that the nuclear deal should be maintained.
Read More »Construction of 100 Km of Offshore Pipeline Completed for South Pars
Iran reportedly delivers 30 mcm d of gas to Turkey in the northwest and 5 mcm d in the west.
Read More »Iran Launches New Oil Spill Response Vessel in December
Iran launched its first homegrown OSRV. Daryapak-1. in the southern port city of Bandar Abbas in June 2015.
Read More »ExxonMobil Completes Takeover of One World’s Largest Aromatics Plants
The deal will increase ExxonMobil’s Singapore aromatics production to more than 3.5 million tonnes per year.
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