Iranian companies will replace foreign firms in major oil and gas projects of the country after some international contractors slowed down their activities under unilateral pressures from the US.
Read More »
Iranian Oil Minister Bijan Zangeneh said Falih is a technocrat and a respectable person and does not often speak politically. and he must have probably been asked to say such political things.
Read More »
About 152.000 barrels day of gas condensates will be produced from the South Pars expansion.
Read More »
Iran is currently exporting gas to Iraq. Armenia. and Turkey.
Read More »
CNPC already holds a 30 percent stake in the giant field.
Read More »
Such decision was due to Washington'.s announcement that it would impose sanctions on enterprises making business with this Islamic republic.
Read More »
CNPC has now a 30 percent stake. while PetroPars holds the remaining 19.9 percent.
Read More »
The renewed US sanctions were among those lifted under a 2015 deal between world powers and Tehran on curbing Iran’s nuclear program.
Read More »
China earlier this year introduced the petroyuan as an alternative to the US dollar-dominated oil industry .
Read More »
Total signed a contract in 2017 to develop Phase II of South Pars field with an initial investment of $1 billion.
Read More »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel