Tehran does not want to see the nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA) to be torn off.
Read More »Iran Eager to Expand Overseas E&P Operations
NIOC has widened the scope of exploration activities in the Persian Gulf.
Read More »Raising Crude Output by 90.000 bpd on OPEC decision
The OPEC 171st session aiming at reviewing the oil freeze plan was held in Vienna on November 30.
Read More »NIGC: Iran. Iraq to Officially Inaugurate Gas Pipeline
Iran is ready to inject gas into the export pipeline.
Read More »Options Available If Trump Scraps Nuclear Pact
The JCPOA is not a mutual agreement [but] is a multilateral agreement.
Read More »OPEC. Non-OPEC Producers Meet to Discuss Compliance with Oil Cut Deal
Kuwait chairs the five-member committee which also includes Algeria. Venezuela. Russia and Oman.
Read More »Trump’s Pledge to Break from OPEC Echoes Old Refrain
Trump’s goal may not be completely unobtainable as US oil production has been on the rise and signs point toward possible energy independence.
Read More »Schlumberger Waiting for Rise in Global Oil Spending
The world’s largest oilfield service provider sees international spending picking up in the second half of the year and into 2018.
Read More »Plan to Inject Gas into New Centrifuge
This development will increase Iran’s capability to enrich uranium.
Read More »Key JCPOA Players: Support the Deal
EU foreign policy chief. Federica Mogherini. who facilitated the agreement. praised the deal as a major achievement.
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