Iran holds the world’s second-largest natural gas reserves after Russia. according to US Energy Information Administration data.
Read More »Three South Pars Phases to Start Production by March 1
Iran has the world'.s second-largest natural gas reserves and the fourth-largest oil reserves. according to the US Energy Information Administration.
Read More »Russia’s Gazprom. Hungary Ink Deal to Boost Gas Transmission Capacity
In 2016. Russian gas exports to Hungary totaled 5.7 billion cubic metres.
Read More »Azerbaijani-Iranian Car Plant to Produce First Cars in Autumn
The first cars are expected to be produced at the plant in Neftchala in late September 2017.
Read More »Oil Slides as Russia Speaks Out Against Deeper Output Cuts
Deeper cuts could help prices. but the question remains: how many of the parties to the deal could afford deeper production cuts?
Read More »G20 Provide for Fossil Fuels 4 Times More Than Renewables
The public finance comes in the form of soft loans and guarantees from governments.
Read More »450 Megawatt Power Plant Launched in Khuzestan
The power plant is to use the cutting-edge F-class gas turbines that have an efficiency rate of over 58%.
Read More »Russia Opposes Any Move to Deepen OPEC Cuts at Talks
Russia plans to host a meeting of some ministers from the Organization of Petroleum Exporting Countries and several non-members in St. Petersburg on July 24.
Read More »Gazprom to Start Gas Supplies to China Via Siberia in December 2019
The new pipeline. dubbed the ".Power of Siberia".. has a planned annual capacity of 38 billion cubic meters.
Read More »IPC Will Encourage Domestic Oil Equipment Sector
IPC is the first Iranian oil contract that clearly stipulates a role for domestic oil and gas equipment manufacturers.
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