Iran was the only country allowed to slightly boost output.
Read More »East Asian Companies Briefed on Iran Petroleum Contract
NIOC says a second list of qualified companies will be made available soon.
Read More »Iran Welcomes Russia in Europe Gas Transfer Plan
Russian companies have indicated interest in Iran’s gas development projects.
Read More »Iraq Plans to Triple Gas Liquids Exports from Southern Oilfields
Gas condensate exports are set to rise to 400.000 cubic metres this year. from 200.000 cubic metres in 2016.
Read More »Iran to Realize OPEC-Designated Production Quota
It was decided during the meeting that majority of members curtail production by a combined amount of 1.2 million barrels.
Read More »Iran to Raise Output by 90.000 bpd on OPEC Decision
The average production of oil during the first 6 months of the year should stand at the established quota.
Read More »Saudi Arabia to Preserve Daily Oil Output Level at Under 10Mln
Riyadh will keep the oil output level at under 10 million barrels per day by the end of winter.
Read More »Iran. Oman to launch joint auto plant
Iran and Oman have agreed to conduct joint venture in Chabahar Free Trade Zone.
Read More »3 Factors Posing Threats to Higher Crude Prices
Three factors could pose major threats to the anticipated upsurge in global oil prices in 2017.
Read More »Change in US Approach to Tehran Unlikely
There is still wide uncertainty over what stance Trump will adopt on Iran.
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