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Saudi Oil Minister Khalid al-Falih and his Russian counterpart Alexander Novak met to discuss the potential extension last month in St. Petersburg.
Read More »Russia and Saudi Arabia Plan to Extend Outputs Cuts Through June
Iran Builds Oil Terminal on Sea of Oman Coast
In order to feed the terminal. Iran will need to construct a pipeline stretching more than 1.000 kilometers to carry one million barrels of oil a day.
Read More »Iran to Sign 10 New Oil Contracts
All the talks are being run smoothly and none of the cases of negotiations is obstructing the others.
Read More »Venezuela Oil Minister to Visit Russia Ahead of Sept. 22 Vienna Meet
During his meeting with Russian counterpart Alexander Novak. the Venezuelan oil minister will discuss the implementation of the OPEC+ global oil output cut deal.
Read More »Foreign Countries in Talks to Develop Farzad-B Gas Field
In the meantime. other foreign companies are welcome to discuss their interest in the gas field.
Read More »Iran to Build 2nd Phase of Major Petrochemical Complex in Southwestern Province
Iran'.s petrochemical plants produced 18 million tons of products in the first 4 months of the current Iranian calendar year.
Read More »OPEC to Discuss Ending or Extending Production Cut in November
OPEC will discuss at a meeting in November whether to extend or end production cuts.
Read More »Araqi: Iran`s Gas Export Exceeds 42mcm
Over the past few years. Iran had been pursuing exporting natural gas to Kuwait. Oman and Iraq.
Read More »Oil Min: Foreign Finance Crux of Oil Industry Development
The average rate of recovery from Iranian oilfields is expected to reach 40% from around 25%.
Read More »Iran Parliament Clears Oil. Foreign Ministers for Rouhani`s New Cabinet
Oil Minister Bijan Zanganeh has been credited with the boost in Iran'.s crude output since many global sanctions were lifted last year.
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