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The Vitol Iranian deal was signed in October and will come into effect this month. one of the sources who is based in Tehran said.
Read More »Vitol Clinches $1b Pre-Finance Oil Deal with Iran
Iran’s First ‘Int’l Conference on Production Boost’ to Be Held in April
Iran Petroleum Industry Federation was established on 26th of April 2016. by different sectors active in Iran oil industry.
Read More »NIOC Endorses Qualification of 29 Intl. E&P Companies Running Oil. Gas Tenders
NIOC is to run several rounds of tender for a group of Iranian oil and gas E&.P projects.
Read More »Iran Discovers New Shale Gas Reserves
Implementation of research project to identify gas shales has begun in Lorestan province and the Zagros basin.
Read More »NIOC: Iran Pumps More Gas Than Oil
Natural gas makes up 68% of the energy mix in Iran.
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 »Oil Giants Likely to Join Hands in Iranian Industry
The official expounded that the recovery factor in the two joint fields is intended to climb from the current 5.5 or 6 to approximately 20 per cent.
Read More »Oil Giants Eager to Cooperate in Development of Iran`s Key Oilfields
Manouchehri estimated that the first tender to develop South Azadegan oil field will be invited in the first quarter of 2017.
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.
Read More »Khatam Al-Anbia Undertakes Feasibility Study of Five Oil. Gas Fields
Following implementation of JCPOA and lifting the sanctions last January. the international oil executives have started negotiations with Iran to partake in the oil industry.
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