Iran shares a number of oil and gas fields with its Arab neighbors in west and southwest.
Read More »Philippine`s State Oil Co. Seeks Iran LNG Project
Philippine energy officials believe that Iran can provide their power plants with the much-needed LNG as it has the world'.s largest gas field.
Read More »Iran Sees Prospect for Petrochemical Plants in Caspian Region
Iran'.s annual petrochemical output capacity is around 60 million tons.
Read More »Crude Prices Slip
Russia'.s production would need to fall by a further 100.000 bpd in March in order to comply with the agreement.
Read More »NISOC. Tatneft Sign Oilfield Study Agreement
Tatneft had signed a memorandum of understanding in October to study the Dehloran oilfield in western Iran.
Read More »NPC Targets $20b in Petrochemical Export Revenues
Production is expected to exceed 50 million tons in the present fiscal that ends on March 20.
Read More »Iran’s Light Crude Price Exceeds $53 pb
Iran’s light crude oil price rose by $1.24 in the mentioned period registering a record rise among other producing countries.
Read More »SP Phase 19 Gas Production Crosses 5 bcm
Phase 19 of Iran’s South Pars Gas Field has so far produced nearly 5.5 billion cubic meters of natural gas.
Read More »Iran May Award Kish Deal to Shell
Kish gas field is located off Kish Island in the Persian Gulf.
Read More »Iran Thinks over to Award Development of Major Gas Field to Shell
An Iranian company has also voiced interest to fund the development of Kish gas field.
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