The field'.s current output. which stands at 80.000 bpd. will increase by 20.000 bpd as soon as the 13 newly-drilled wells go on stream.
Read More »Iran Petchem Capacity to Rise 10m Tons by March
Iran is willing to accelerate the development process of its petrochemical industries.
Read More »OPEC Reaffirms Iran`s Pledge to Supply Cuts
Iran'.s own data submitted to OPEC pointed to bigger cuts.
Read More »Iran. Turkmenistan Consider Joint Natural Gas Export
Iraq and Turkey remain to be main importers of Iranian natural gas and Tehran is eying to increase its gas exports to its western neighbors.
Read More »NIOC. Pertamina to Discuss Renewing LPG Contract
The first 44.000 mt evenly split propane butane parcel was delivered in October 2016.
Read More »Iran’s Light Crude Oil Price Exceeds $60 Per Barrel
Dubai and Oman crude oil prices are respectively $58.77 and $58.70 per barrel. indicating an upswing of $2.51 and $2.56.
Read More »Ardakanian Seeking to Improve Energy Management
There is a direct link between electricity consumption and the amount of oil and natural gas used in power plants
Read More »Iran. Iraq to Swap Oil
The export volume is subject to increase and it will be transferred by tankers through Kermanshah. western Iran till the oil pipelines will be completed.
Read More »European Union Determined to Preserve Nuclear Pact
Mogherini had voiced her readiness to help lawmakers ".find solutions that are compatible". with US compliance under the agreement.
Read More »Iraq to Export Kirkuk Oil to Iranian Refinery
Iran and Iraq signed a basic agreement in February that envisaged exporting Iraqi oil through the Iranian territory .
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