Iran’s total oil production currently stands at around 4 million bpd and its most important clients are China. South Korea. India and Japan. respectively.
Read More »Norway`s DNO Close to Changouleh Oil Field Deal
Changouleh is located close to Iran’s border with Iraq and is among NIOC’s priority development projects.
Read More »Norway Proposes Survey Results for Iran Oil Field
NIOC and DNO signed memorandum of understanding (MoU) on November 17. 2016 for a survey on Changoleh oil field.
Read More »2 South Pars Phases to Renovate
The country aims to raise output to over 1 billion cubic meters by March 2018.
Read More »JCPOA Provides New Ground for Cooperation with Iran
Construction of the production unit began in October 2015. Some 20 herbal medicines will be processed in the factory.
Read More »Iran Makes Investment in New Petrochemical Hubs
In the current calendar year to March 2018. the completion of four projects which had remained incomplete will add two million tonnes to the country'.s petrochemical production capacity.
Read More »Gas Glaring of South Pars Envisaged to End in 2020
The fund is expected to raise $100 billion a year by 2020. with developed nations to make the most contributions.
Read More »Russia Nominates Gerhard Schroeder for Rosneft Board
Rosneft. Russia'.s biggest oil producer. is 50 percent state-owned.
Read More »Rise in Iran`s Non-Oil Export from Western Borders
Iran'.s export from Siranband border crossing in the Western province of Kordestan was increased by 90 percent during March-May period.
Read More »Rising Gas Extraction from South Pars Field
It is estimated that the Iranian section of the field contains 14 trillion cubic meters of gas and 18 billion barrels of condensates in place.
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