we have no problem to continue talks with Saudi Arabia on further coordination at the OPEC level
Read More »NITC Willing to Place Orders with High-Level Domestic Firms
.The NITC chief said his company has signed deals with foreign companies for leasing 35 tankers
Read More »Iran’s Energy Potential Lies in Gas Rather Than Oil
.Iran is the world’s third largest producer of gas
Read More »Russia`s Lukoil Hopes for Iran Oilfield Development Decision This Year
Lukoil signed several memorandum of understanding with NIOC last year.
Read More »Russia Makes A Move On Asian Oil Markets As OPEC Cuts
Russian oil producers achieved a major milestone in 2016.
Read More »Oil Prices Raised
Higher crude oil and gasoline stocks in the United States weighed on prices on Friday.
Read More »Iran’s Oil Output Increases Slightly
OPEC oil output also decreased by 220.900 b/d to 33.085 in December month-to-month.
Read More »Oil Minister: Era of Expensive Oil Has Come
The oil price in the beginning of 2016 plunged to below $30. but currently it is around $55.
Read More »SPAC Supplies Iran’s ESBR Domestic Use
Oil price plays a key role in the income and profit of the project.
Read More »Moody’s Predicts Volatile Energy Prices
Global oil and natural gas prices are expected to remain volatile again in 2017.
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