The Iranian Petroleum Contract (IPC), has been delayed since Iran’s Security Council is still reviewing it , delaying the operation of the 29 foreign oil and gas companies, that were shortlisted by Iran as bidders f ...
Iran crude oil exports have reached 2.44mb/d which marks a new record. Accordingly Iran is receiving above $80m in direct payments every day as a result its exports to international markets.
Iran signed a $2.5b contract with Persia Oil & Gas Industry Development Company to develop the second phase of Yaran field and improve oil recovery for Koupal field.
Algeria and Iran discussed the possibility of developing mutual relations in various fields in the energy sectors and a possible oil production freeze agreement with OPEC countries.
Tehran is hoping to increase its crude oil exports to India from the current 350,000b/d, Iranian Oil Minister, Bijan Zanganeh, was quoted as saying after meeting his Indian counterpart, Dharmendra Pradhan.
Iran's oil exports have surpassed 2mb/d following the lifting of sanctions, Oil Minister Bijan Zanganeh said. According to released data, Iran’s overall crude output now stands at 3.2mb/d, the highest level since May ...
Iran will attend talks with fellow members of the Organization of Petroleum Exporting Countries (OPEC) and Russia in Qatar on April 17th, yet without joining their proposal to freeze crude oil production.