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 »Next Generation Nuclear Reactors Stalled by Delays
.In 2015. the average global investment cost to develop a new nuclear plant was $5.828 per kilowatt
Read More »Iran. Total Oil Cooperation
.NIOC signed a heads of agreement (HOA) with Total in November for development of South Pars Phase 11
Read More »Egyptian Delegation Visits Iraq to Compensate for Saudi Oil
.It is expected to the agreement to be completed during the next two months
Read More »Iran and OPEC
.Production increased throughout 2016. rising from 2.94 million bopd in January to 3.7 million bpd by November
Read More »Total launches South Pars Phase 11 Development
The French company has already started its operations in development project of phase 11 of Iran’s South Pars oil and gas field
Read More »NITC Willing to Place Orders with High-Level Domestic Firms
.The NITC chief said his company has signed deals with foreign companies for leasing 35 tankers
Read More »Saudi Arabia said Trump Good for Oil Industry
.The US imported about 3 million barrels a day from OPEC last year
Read More »Iran Expands Refinery Contracts with Southeast Asian Companies
.Current oil byproducts exports capacity namely diesel and liquefied natural gas stands at 500.000 barrels per day
Read More »