Production capacity in the West Karoun oilfields is set to reach 500.000 barrels per day by July from the present 300.000 bpd.
Read More »IPC Oil Contracts will Boost Foreign Investment
The IPC has more flexible terms that take into account oil price fluctuations and investment risks.
Read More »Vice President Praise Oil Industry
Everyone concerned about Iran and the Islamic establishment must step in the path of Economic Resilience.
Read More »Deputy PM: Iran Committed to Fulfillment of JCPOA Obligations
The visit has been scheduled to boost bilateral relations between the two countries in different fields.
Read More »Iran Becomes Petrol Exporter by March 2018
Iran has already become an exporter of gasoil and will become one in petrol trade in the current year.
Read More »Iran Crude Prices Near $50 Per Barrel
Iran'.s crude oil edged closer to $50 a barrel at the end of last month.
Read More »BP Authorized to Operate Rhum Gas Field with Iran
BP currently intends to continue to hold its ownership stake in the Rhum joint arrangement and act as operator.
Read More »Iran will Confirm More International Firms for Oil Tenders
Total has submitted a development proposal for the project.
Read More »NISOC will Raise Crude Output
. Iran is now producing 3.9 million bpd of crude oil and gas condensates.
Read More »SOCAR May Take Part in Oil. Gas Projects of Iran
The two countries considered cooperation in the gas trade sphere. implementation of joint projects with third countries. and held wide exchange of views.
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