Italy purchased 2.8 million tons in the four-month period. accounting for nearly 30% of all imports.
Read More »Iran and Iraq Reach Agreement for Pipeline
Kirkuk will take part in the referendum this fall. deciding whether they want to remain with Iraq or join Kurdistan’s bid for independence.
Read More »Iran Produces High-Quality LPG Production in South Pars Gas Field
The sixth refinery is included in phases 15 and 16 of the South Pars complex. The South Pars. by far the world'.s largest natural gas field. is a natural-gas condensate field located in the Persian Gulf.
Read More »Oil Traders Await U.S. Reaction to Venezuelan Vote
The U.S. buys about a third of Venezuela’s crude production and is the main buyer that pays in cash.
Read More »Russia Eager to Help Develop Iran`s Oilfields
With 137.6 billion barrels of proven reserves. Iran has the world’s fourth largest crude deposits.
Read More »Foreign Finance to Help Uplift Refining Sector
Iran'.s oldest crude oil processing facility and once the world'.s largest oil refinery will be reconstructed by a consortium.
Read More »NIOC Signs MoUs for Developing Azadegan Field
The Azar field is a joint and complex field which is currently producing 30.000 barrels of oil per day. It is set to be expanded through new oil deals by an Iranian company.
Read More »Iraqi Oil Minister Heading to Tehran
Iran'.s gas export to Baghdad via Khanaqin pipeline began in late June this year. Iraq and Iran have signed two agreements to transfer gas to Baghdad and Basra.
Read More »Gazprom Neft Signs MOU with Iran`s OIEC
The document was signed by First Deputy CEO. Gazprom Neft. Vadim Yakovlev and OIEC CEO Behzad Mohammadi.
Read More »Iraq to Rise Natural Gas Imports from Iran
Iran and Iraq initially signed an agreement in 2013 based on which the Islamic Republic would export natural gas to power stations around Baghdad through a 270-kilometer pipeline.
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