Iran ranks first in the world'.s gas reserves and fourth in the world'.s oil reserves.
Read More »JCPOA Effective for Iran As Long As International Relations Persist
Iran'.s oil and gas condensate exports rose by 1.018 million barrels a day to 2.418.000 barrels per day after implementation of the deal.
Read More »Iran Oil Price Nears $70
The average price of Iranian light crude oil has been $65.39 a barrel. and the average of the Iranian heavy crude oil has been $63.88.
Read More »Iraq Could Overtake Turkey by Importing More Iranian Gas
Basra. Iraq'.s second largest city. needs Iranian gas to feed its power plant.
Read More »Iran Says Oil Exports to India Are Not Dropping
Iran’s total export of crude oil and gas condensate is now more than 2.5 million barrels a day.
Read More »Drilling 17 Wells in Azar Oilfield Underway
Azar holds 2.5 billion barrels of in-place oil. but new reservoir studies on the field suggest a much higher figure of 4 billion barrels.
Read More »South Pars Phase 14 First Offshore Platform Coming on Stream
Phase 14 is expected to become fully operational by the end of the current fiscal year.
Read More »Iran not to Give Development of South Pars Oil Layer to Total
After ownership of Danish company Maersk Oil was taken by the French Total. Iran decided not to give the development of the South Pars field to Total.
Read More »Rise in Iran`s Caspian Oil Reserves
Norwegian firms are expanding their foothold in Iran'.s lucrative and untapped energy market gradually.
Read More »Oil Min: Iran Accelerates Gas Export to Pakistan
The minister placed special emphasis on accelerating the development of Mokran Costal Area.
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