Tag Archives: International News Agency

The world economy is ``almost as good as it gets.`` with one of the best performances since the global financial crisis of 2008-09.

Adnoc plans to merge ADMA-OPCO with the Zakum Development Co.. or Zadco. of which it also owns 60 percent. by the end of the year.

Iran Heavy. one of the country'.s main export grades. settled at $51.60 a barrel. up 91 cents from the previous week.

India. China. the Nakhchivan Autonomous Republic. Armenia. Pakistan. Afghanistan and Sri Lanka also buy Iranian petroleum derivatives.

Kirkuk is not one of the three provinces that have been part of the autonomous Kurdish region in Iraq since 2003.

The next top producers were Canada (174 bcm – 4.8 percent) and Qatar (165 bcm – 4.6 percent).

Iran'.s share in total reserves of the field is about 11 percent. Foroozan contains 3.432 billion barrels of in-situ oil reserves.

India imports oil to meet most of its growing energy demand.

Crude oil production from South Pars is in a trial stage. but output can be increased to as much as 150.000 barrels per day in future.

The battle between Naftogaz and Gazprom serves as a reminder. to some. that the Russians cannot be trusted.