Iran produced 3.77 million b d of crude in April.
Read More »Ministry Denies Obstruction in Export Payments
Oil ministry is in talks with oil and gas giants for $70 billion worth of development projects.
Read More »Qatar Asks Iran to Coordinate Gas Output in Joint Field
It is estimated that the Iranian section of the field contains 14 trillion cubic meters of gas and 18 billion barrels of condensates in place.
Read More »NIDC Drills 725 Wells under Rouhani Admin
NIDC owns 75 offshore and land drilling rigs and is touted as the Middle East'.s biggest drilling company.
Read More »Strong Focus on Joint Fields
The administration has kept strong focus on developing joint oilfields.
Read More »2 Refinery Rehab Projects Awaiting Funds
Bandar Abbas Refinery’s mazut production will be reduced to less than 10% of the total while sulfur output will fall to less than 1%.
Read More »Iran`s New Oil Contracts Will Help Job Creation
New contracts with international oil majors will help create thousands of jobs and plough billions of dollars into the key petroleum industry. according to Reza Khayyamian. head of the Society of Iranian Petroleum Industries Equipment Manufacturers. If foreign companies come to Iran`s energy market and sign the (oil) deals. almost …
Read More »Giant Oil. Steel Projects to Open in South of Iran
Once fully operational. the refinery will produce 36 million liters of petrol.
Read More »First Phase of Iran’s New Gas Condensate Refinery Comes on Stream
The refinery can produce 37 million liters of gasoline a day when fully operational.
Read More »Iran Self-Sufficient in Petrol Production. Aims to Export
The Persian Gulf Star refinery has the capacity to produce 12 million litres of Euro IV petrol.
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