A tender to raise production at the Forouzan oil field will be finalised by the end of June.
Read More »China Unlikely to Follow US Oil Sanctions on Iran
China is Iran'.s biggest oil customer. importing about 22 million tons of crude oil from Iran in 2018.
Read More »Iran’s Oil Industry Open to Int’l Participation
Two Dutch firms have participated in the 24th Iran Oil Show. including Dutch Energy Solutions.
Read More »Market Awaits Impact of Iran Sanction Waivers Expiration
EIA data showed the inventories jumped almost 10 million barrels last week.
Read More »SOCAR`s New Petrochemical Investment to Operate by 2023
The gas transmission capacity of the project can be increased to 24 billion cubic meters first and to 31 cubic meters with additional investments later.
Read More »Iran`s Non-Oil Exports to Turkey Surpass $2.3 Billion
Iranian and Turkish officials have already reached agreement to set up a joint bank.
Read More »Saudi Taqa has Purchased Schlumberger`s Middle Eastern Drilling Business for $1.2 Billion
Taqa plans to use about $800 million of its own funds for the planned acquisitions.
Read More »Iraq Needs a Lot more Water to Fuel Its Oil Growth Ambitions
Most of Iraq'.s southern fields in Basrah are operated by international oil companies.
Read More »Iraq Gas Production Set to Triple
The shift is driven by more favorable investment conditions in the Kurdistan Region of Iraq.
Read More »Goldman: Removal of Iran Oil Sanctions Waivers to have Limited Impact
The bank still expects declining prices into 2020 due to better supplied markets next year.
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