The daily revenue in the current year hit 22.5 million dollars.
Read More »Falih: No Free Ride for US Shale Producers
There are concerns that the glut could persist because shale supply.
Read More »Zanganeh Reiterates Policy to Augment SP Gas Production
Iran wants to increase daily gas output to a total of 1.2 billion cubic meters by 2021 from around 800 million cubic meters.
Read More »Iran`s Second Purchased Airbus Lands in Tehran Saturday
The plane would leave the French Toulouse Airport to Tehran'.s Mehrabad International Airport on March 11.
Read More »France’s Alstom Eager to Build Monorail in Tehran
A total of 20.000 foreign firms are active in France with only 20 of them being Iranian.
Read More »Kazakhstan Ups Cost of Russian Oil Transit to China
Since 2014 Russia has been paying $9.8 per transit of one ton of oil to China via Kazakhstan.
Read More »Despite Sanctions Relief. Shell Still Cool on Iranian Oil Buys
Shell said in its annual report it had bought only three cargoes of Iranian oil over the past year.
Read More »Iran and Iraq to Ramp Up Oil Production Despite OPEC Cuts
According to the IEA. Iraq will increase its output to 5.4 million barrels per day by 2022.
Read More »Iran. Russia. Azerbaijan Agree on 50% Cut in Transit Tariffs
IRIR is currently building a railroad from the Iranian Caspian port city of Astara to the border with Azerbaijan.
Read More »OPEC. Russia Show Unified Front on Crude Supply Cuts
Many of the questions revolved around the fact that there is so much inventory remaining.
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