The Caspian region is one of the oldest oil-producing areas in the world and is an increasingly important source of global energy production.
Read More »Iran Seeks 5.3 Bcf d of Additional Natural Gas Production from South Pars Phases 17-21
Iran holds the world'.s second largest gas reserves after Russia. but currently consumes almost all the gas it produces.
Read More »Rising Efforts for Joint Fields` Development
We need to shift our focus to speeding up the development of shared oil and gas fields.
Read More »New Innovation: Plasma Jet Engines
An extraordinary metal is about to enter a super-cycle as demand is rapidly increasing and supply is vanishing.
Read More »Iran Ready to Help Bolivia with Water Management
Technology transfer is an important issue in a country’s progress and Iran is ready to do it even in advanced fields including nanotechnology.
Read More »South Pars Gas Completion Needs $30b
POGC is also collaborating with an unnamed French company to offset the natural decline in South Pars extraction rate .
Read More »IAEA Verifies UAE Nuclear Material Inventory
FANR prepared the initial inventory based on the UAE'.s State System of Accounting for and Control of Nuclear Material.
Read More »Shell Will Test Energy-Generating Kites This Summer
Power-generating kites backed by Royal Dutch Shell Plc. Schlumberger Ltd. and EON SE will start tests in the U.K. this summer. with the aim of developing a technology that could eventually replace offshore wind turbines. Kite Power Systems. known as KPS. is working on a 17-meter device that flies on …
Read More »After OPEC Deal. Texas Oil Regulator Boasts of Victory
Texas shale producers forced OPEC this morning to extend its oil production cuts for nine months.
Read More »NIOC. Tubacex Sign 1st Post-Sanctions Deal
In 1999. Iran made the same move to domestically manufacture gas turbines for consumption in its gas industry.
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