Russian companies have reportedly signed deals to study seven Iranian oil and gas reservoirs.
Read More »Iran`s Crude Sales to Europe Raising
Iran has ramped up oil exports to European customers to 710.000 barrels per day
Read More »Tehran to Hold 1st IPC Tender in January
The new IPC has more flexible terms that take into account oil price fluctuations and investment risks.
Read More »Iran Issues List of 29 Companies Approved to Bid in Oil. Gas Tenders
BP had opted out of the bidding because of concerns over possible renewed US-Iran tensions after president-elect Donald Trump takes office on Jan. 20.
Read More »Iran’s Energy Sector 2016: The Notable Events
Major European companies including Royal Dutch Shell. BP. Total and Eni resumed buying Iran'.s crude oil last year as Iran ramped up oil sales to its traditional customers in Asia.
Read More »NIOC. Tenco Ink MoU to Study Oil. Gas Fields
Russia'.s Lukoil and Malaysia'.s oil giant Pertamina are also conducting surveys on AbTeymour and Mansouri Oilfields.
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