Oil crashed to its lowest levels in over a decade in February 2016 from a high of $115 a barrel three years ago.
Read More »Kharg Terminal`s Western Dock Set for Rehabilitation
Over 800 tankers and vessels of all sizes berthed at the terminal in the last fiscal. up from 540 in the previous year. or around 33%.
Read More »No Change in Iran-Total Contract
Despite the US pressures. western companies are still interested in investment in Iran.
Read More »Wintershall Eyes Khuzestan Oilfield
Tehran has intensified efforts to involve foreign oil and gas majors in its key petroleum industry.
Read More »Iran is looking for New EU Oil Clients
Iran’s biggest oil importer in Asia is China which is followed by India and South Korea and eventually Japan.
Read More »Iran. Algeria Oil Cooperation will Improve
Holding first meeting of Joint Energy Meeting is a major step for working out cooperation framework.
Read More »Oil Min: Total Can Leave Gas Deal Just in Case of UNSC Sanctions
Total became the first Western oil major to sign an agreement with Iran to develop phase 11 of Iran'.s South Pars.
Read More »Total Never to Cancel Gas Deal with Iran
Total became the first Western oil major to sign an agreement with Iran to develop phase 11 of Iran'.s South Pars.
Read More »Major Oilfield in Western Iran Spared by Earthquake
With an extraction rate of 16%. Azar is one of the joint fields with Iraq. along with Dehloran. West Paydar. Naft-Shahr. Azadegan and Yadavaran.
Read More »Iran Doubles Oil Exports in Post-JCPOA
Iran'.s oil exports. including gas condensates even sometimes exceeded 2.9 million bpd which indicates Iran'.s oil exports have doubled after Iran nuclear deal.
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