Drilling and development of joint oil and gas fields is among priorities of Iranian oil industry.
Read More »Japan’s Inpex Praised for Iran`s Azadegan Oil Project
There is no conflict between Iran and Japan over Azadegan.
Read More »Increase in Extractions from South Pars Joint Gas Field
The South Pars field contains 14.000 billion cubic meters of gas. 8% of the world'.s known reserves.
Read More »Indian ONGC Videsh Ltd. in List of Intl. E&P Companies Qualified by NIOC
Ministry of Petroleum has requested qualified foreign E&.P companies to take part in the process of qualification assessment.
Read More »Iran-Turkmenistan Gas Dispute to Go to Intl. Mediation
The official stance of NIGC against the gas cutout by Türkmengaz was previously posted on website of the Iranian company on January 01. 2017
Read More »Tehran to Hold 1st IPC Tender in January
The new IPC has more flexible terms that take into account oil price fluctuations and investment risks.
Read More »Petrochemical Plants Not Affected by Gas Shortage
Iran consumes some 700 million cubic meters of gas per day.
Read More »Vitol Clinches $1b Pre-Finance Oil Deal with Iran
The Vitol Iranian deal was signed in October and will come into effect this month. one of the sources who is based in Tehran said.
Read More »BP Not Applied for Iran Upstream Tenders
BP is taking a more cautious approach ahead of a Donald Trump presidency which threatens renewed diplomatic tensions with Tehran.
Read More »Renault Extends Deal with Arya Diesel Motors
The two parties are furthering the working partnership started in 2006.
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