South Azadegan is believed to hold an in-place oil reserve of about 33.2 billion barrels.
Read More »NIOC Invests $65m in Oil Region Infrastructure
A top priority of the NIOC is to expand services and improve welfare in regions home to our major oil and gas reserves.
Read More »Euro-4 Gasoline in All Iranian Provinces by Early 2018
Euro-4 gasoline supplies will cover the whole country by 2020.
Read More »Iran Sees Prospect for Petrochemical Plants in Caspian Region
Iran'.s annual petrochemical output capacity is around 60 million tons.
Read More »Iran May Cancel Peace Pipeline Deal with Pakistan
Pakistan demands Iran to decrease the gas price as well.
Read More »Iran`s Energy Prices Unchanged for Fiscal 2017
The cash subsidy scheme has created a big hole in government finances.
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.
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