There are concerns that the glut could persist because shale supply.
Read More »Zanganeh Reiterates Policy to Augment SP Gas Production
Iran wants to increase daily gas output to a total of 1.2 billion cubic meters by 2021 from around 800 million cubic meters.
Read More »Iran and Iraq to Ramp Up Oil Production Despite OPEC Cuts
According to the IEA. Iraq will increase its output to 5.4 million barrels per day by 2022.
Read More »OPEC. Russia Show Unified Front on Crude Supply Cuts
Many of the questions revolved around the fact that there is so much inventory remaining.
Read More »Gazprom Neft Finalize Plan for Iranian Oil. Gas Projects
The NIOC has published a list of foreign companies declared as eligible for bidding in tenders.
Read More »Brent Below $56
US crude stocks rose by 11.6 million barrels last week.
Read More »South Pars Gas Production to Improve Drastically
Production of natural gas in South Pars in a shared field with Qatar will amount to 600 million cubic meters per day.
Read More »Gas Flaring Cut by 70% in South Pars Refinery
The refinery is one of the 14 plants in Asalouyeh processing natural gas drawn from the giant South Pars field in the Persian Gulf.
Read More »Iran Oil Exports Increase to Levels Last Seen in 1970s
Crude oil exports from Iran reached 3 million barrels a day for the first time since the 1979 Islamic Revolution.
Read More »Iran Becomes Self-Sufficient in Oil Industry Commodities
Five new South Pars phases could come on stream in late March or early April by the Iranian President.
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