It is estimated that the complete development of the South Pars phases will guarantee Iran’s energy supply.
Read More »India Imposes Duty on Iran LAB
LAB is an important input in the detergent industry.
Read More »Iran Targets Milestone in Oil. Gas Production
Oil shipments from Iran reached a daily average of 2.6 million barrels in fiscal 2016-17.
Read More »EIA: Increase in OPEC Oil Supply
EIA’s forecast for 2018. in contrast. increased compared to the previous outlook. when it was at 40.2 million barrels per day.
Read More »OPEC Oil Price Rises on Apr. 10
The price of OPEC basket of 13 crudes stood at $53.13 a barrel on Apr. 10 compared to $52.91 on Apr. 7.
Read More »Investments Only Way to Challenge Qatar’s Gas Ambitions
Revenues from oil sales are national wealth and belong to future generations.
Read More »West Karoun Block Raising Output to 500.000 bpd
Production capacity in the West Karoun oilfields is set to reach 500.000 barrels per day by July from the present 300.000 bpd.
Read More »OPEC Basket Down in Price
Oil prices are rising on April 7.
Read More »NIDC Expanding Oil. Gas Drilling
NIDC has 75 drilling rigs. 68 of which are being used in the joint oilfields. namely South Azadegan.
Read More »Is Extending OPEC Cuts a Done Deal?
Russia’s Energy Minister Alexander Novak said last week that it is too early to talk about an extension.
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