Annual report gives little away on IPO. but offers hints about downstream plans.
Read More »Iraq Drills First Well in Huwaiza Oil Field Near Iranian Border
OPEC'.s second largest producer. after Saudi Arabia. Iraq seeks to boost its production capacity to 5 million barrels per day by the end of the year.
Read More »Iran`s Neighbors. Not Europe Priority Destination for Gas Exports
Iran holds the world’s second-largest natural gas reserves after Russia. according to US Energy Information Administration data.
Read More »Iran Considers to Develop More Oil. Gas Deposits
Top priority has been assigned to developing joint oil and gas fields because our neighbors are drawing from the underground resources at a rapid pace.
Read More »Al-Luaibi Awaiting Outcome of OPEC Committee Meeting
Iraq is the second-largest member of OPEC after Saudi Arabia.
Read More »Iran’s landmark Deal with Total Signed. Oil Minister Extends Olive Branch to US Firms
In the time since the nuclear deal. Iran has seen success in other business ventures.
Read More »Total`s Agreement to Build Petchems Plant in Iran Makes Headway
South Pars is part of the world'.s largest gas field which is shared with neighboring Qatar.
Read More »India Gives Iran $11 Billion `Best Offer` on Farzad-B Gas Field
ONGC Videsh and Indian Oil each own 40 percent interest in the Farsi block that holds Farzad-B field. while Oil India has 20 percent.
Read More »Iran to Sign Landmark Gas Deal with French Energy Giant Total
The deal includes 30 wells and two production units.
Read More »Iran to Sign New IPC Gas Deal with Total for South Pars on Monday
The international contract for development of Phase 11 of South Pars in the framework of IPC will be signed on Monday.
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