Total has a 50.1 percent share in the 20-year deal. The state-owned China National Petroleum Corp. has a 30 percent stake and Iran’s Petropars has 19.9 percent.
Read More »Iran Prepares to Start Crude Oil Export to Russia
Russia will pay half of the oil money in cash in euro and the other half in the form of goods and equipment.
Read More »Shahdaei Appointed as Deputy Oil Minister
Shahdaei is the Islamic Republic'.s first woman deputy oil minister.
Read More »Iran to Sign Over $20b of Energy Contracts in 2018
France'.s Total signed a $4.8-billion contract in July to develop the South Pars Gas Field.
Read More »Main Contract for Iran’s South Pars Field to Be Awarded after Trump’s Clarity
Total has a 50.1 percent share in the 20-year deal. The state-owned China National Petroleum Corp. has a 30 percent stake and Iran’s Petropars has 19.9 percent.
Read More »NIOC Discussing for 10 Oil. Gas Deals with Russia
Technical negotiations with Lukoil on Mansouri and Abteymour oilfields had already been finalized.
Read More »Iran`s Decision on Changuleh Joint Oilfield
Tehran aims to sign 10 new oil and gas deals by the end of the current fiscal year (March 20. 2018).
Read More »300.000 Bpd Offline as Kurdistan Conflict Continues
The situation is complicated and likely to continue until the dust from the Kurdistan independence referendum settles.
Read More »Saudi Oil Minister Upbeat on Oil as He Visits Baghdad
Khalid Al Falih welcomes increasing cooperation between Iraq and kingdom.
Read More »S Korea Eager to Invest in Iran’s Oil Industry
The government of South Korea supports S Korean companies willing to invest in Iran.
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