Iran and Turkmenistan signed a gas contract in 1997 for a period of 25 years.
Read More »Oil Show Helpful in Realizing 2nd Iran Petchem Jump
The showcase is being held with 4.000 exhibitors from across the globe running 1.800 pavilions.
Read More »NIOC Finalizing Deal with OMV
The sanctions removal in January 2016 revived the incapacitated oil sector.
Read More »Iran in Talks with Iraq about Joint Fields
Iran has signed MoU with some of big companies to study the joint fields with Iraq.
Read More »Oil Prices Drop as OPEC Loses Control of Narrative
Global crude inventories have not fallen as fast as OPEC or the hedge funds anticipated.
Read More »OPEC. Non-OPEC Discuss Extending Supply Cut by Nine Months or More
Saudi Energy Minister Khalid al-Falih said on Monday the OPEC-led production cut could be extended beyond 2017.
Read More »Sanctions Aren’t Slowing Russian Oil Industry One Bit
Russian crude output is at historic highs. European firms are still investing.
Read More »NIOC Plans to Boost Crude Oil Output Capacity
Iran produced 3.77 million b d of crude in April.
Read More »Japan`s Successful Gas Output Test from Methane Hydrate
Japan is the world'.s top importer of liquefied natural gas (LNG).
Read More »Saudis to Decline Exports
OPEC'.s combined water-borne shipments of nearly 24 million barrels a day in March were up slightly from October levels.
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