The oil market needed every barrel which cut-exempt Iran. Libya and Nigeria could produce.
Read More »Gas Grid Comes to Zahedan
Supply of gas to the southern province will save $660 million annually by replacing liquefied fuels with gas.
Read More »Iran Invites Limited Tender for Azadegan Expansion
An MoU had been inked with Pertamina over boosting recovery factor in two oilfields.
Read More »Launching the Nuclear Seminar of Iran-Europe
This seminar will be held in Brussels with the presence of high-ranking Iranian delegations and EU.
Read More »Russia’s Lukoil Targets Middle East Oil Expansion
Lukoil is actively looking for growth opportunities in the Middle East.
Read More »Brent. WTI Gain
Investors raised their bets on rising Brent crude oil prices to a new high last week.
Read More »Total in Talks to Buy Iranian LNG Project
Iran aims to grow gas output to 1 trillion cubic metres by 2018. up from 160.5 billion cubic metres in 2012.
Read More »South Korea’s Oil Imports Surge Driven by Iranian Supplies
South Korea has been one of the backbone customers of crude oil from Iran.
Read More »Novak Confirms Russia to Buy Iranian Crude
Russian companies have begun the construction of two new nuclear power plants in south Iran.
Read More »Iran Transport Projects Attract $12b in 2 Years
Iran is paying only 15% of the prices. while the rest will be covered by global financing firms.
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