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Iran’s state oil firm National Iranian Oil Company (NIOC) has signed an agreement Japanese consortium led by engineering firm Toyo and Iranian Petropars for the restoring the infrastructure and boosting gas production at the Salman oilfield.
Iran’s Gulf Petrochemical Industries Company is looking to sign a deal with France’s Total for carrying out feasibility studies that would lead to petrochemical ventures in Iran.
Iran and Russia could potentially swap 150,000 barrels of production per day, according to Iran's Oil Minister Bijan Zanganeh.
July marked the second time in the last six months that India had imported more than 500,000 bpd of Iranian crude. According to a report Indian imports of Iranian oil have increased by 48 per cent in the first four months of this fiscal year, to…
The IPC Regulation still needs to be approved by Iran's parliament, but the risk of a reversal at this stage is unlikely.
Iran exported 308,000 barrels of crude oil and gas condensate to Japan per day in the first half of 2016, a 195.8 per cent increase on last year’s figures.
While the minister did not specify the exact amount of gas which Iran would produce, keeping pace with Qatar would mark a dramatic increase in the country’s gas production levels.
Schlumberger, the world’s largest oil driller by market value has signed a preliminary deal with Iran’s state oil giant to study three oilfields in southwestern Khuzestan province, reports say.
Norwegian oil and gas operator DNO ASA, signed a deal with National Iranian Oil Company (NIOC) to conduct a study for the development of the Changuleh oil field in western Iran, the operator said.
Malaysia's state oil firm Petronas has signed a deal with with the National Iranian Oil Company to study two oilfields in Iran, the Malaysian firm said late Wednesday.