Phase 14 is expected to become fully operational by the end of the current fiscal year.
Read More »Rise in Iran`s Caspian Oil Reserves
Norwegian firms are expanding their foothold in Iran'.s lucrative and untapped energy market gradually.
Read More »Iran Says no Need to Extend OPEC. Non-OPEC Pact If Crude Oil Prices Rise
The pact runs until the end of 2018.
Read More »Iran Oil Exports Amounts to 2.5 mbpd
China and India are Iran'.s largest oil buyers.
Read More »Zangeneh in India for IEF16 Ministerial Meeting
IEF is the biggest energy gathering being held biennially. and Iran is its active member.
Read More »Iran PetChem Exports Revenues to Soar
It is estimated that of the total manufactured commodities. 47 million tons worth $24.5 billion will be sold.
Read More »Iran. Russia Sign Deal to Develop Two Oil Fields
The cost of developing the fields is estimated at $674 million. with an additional $68 million in indirect costs.
Read More »Iran Can Boost Output Fast If OPEC Ends Cuts
OPEC. allied suppliers to meet in June to assess crude market .
Read More »Iranian Light Crude Decrease
Light and heavy crudes have averaged $68.62 and $65.48 per barrel so far in 2018.
Read More »Iran Prepared to Develop Onshore Section of Gas Pipeline to Oman
Iran produces more than 800 million cubic meters of gas per day.
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