. Iran is now producing 3.9 million bpd of crude oil and gas condensates.
Read More »Iran`s Petrochemical Output Planned to Reach 72m Tons
To boost MEG exports. negotiations are underway with India and European states.
Read More »Iran Wants about $10b for Offshore Fields Investment
A major new oil gas discovery. similar to the giant South Pars Gas Field. is unlikely to take place.
Read More »NIDC Expanding Oil. Gas Drilling
NIDC has 75 drilling rigs. 68 of which are being used in the joint oilfields. namely South Azadegan.
Read More »Iran Celebrates Oil Industry Nationalization
The nationalization of oil industry is celebrated ever since in Iran every year.
Read More »Final Version of New-Style Iran Oil Contracts Prepared
French oil and gas company Total held talks with Iranian officials about several projects in the country in 2016.
Read More »Oil Minister Reveals Rare Oil Plan with Iraq
The two neighbors share 6 oilfields namely Azar. Dehloran. West Paydar. Naft-Shahr. Azadegan and Yadavaran.
Read More »IWPCO to Hold Tender for Karun II Dam. Power Plant
Japanese and South Korean firms have also improved ties with Iranian firms. in recent months.
Read More »S. Koreans. Chinese Companies to Develop Hydroelectric Dams in Iran
Around 11.000 MW. or roughly 15% of Iran'.s total electricity output comes from hydroelectric facilities.
Read More »Gazprom Neft Finalize Plan for Iranian Oil. Gas Projects
The NIOC has published a list of foreign companies declared as eligible for bidding in tenders.
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