IPC
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NIOC Signs $2.4 B Oil Deal with Iranian Firm
Monday, 19th March 2018
The deal aims to produce a maximum of 110,000 b/d with a total output of 512 million barrels from the two fields after 20 years.
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Iran Delayed Contracting Chosen Bidders Until Reviewing IPC
Tuesday, 11th April 2017
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 for hydrocarbon deposits earlier this year. -
Iran’s New Contract Format Approved
Tuesday, 23rd August 2016
Iran’s Vice President, Eshaq Jahangiri, said that he signed an authorization for the Ministry of Petroleum to use the new format of the Iran Petroleum Contract (IPC) for oil and gas deals. -
Iran Approves IPC Terms
Sunday, 7th August 2016
Iran's Council of Ministers has passed a regulation governing the general conditions, structure, and terms of upstream oil and gas contracts called Iran Petroleum Contract (IPC).
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GUPCO to Invest $562 MM in FY 2020/21
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El Molla reviews plan of Natural Gas Delivery to 1.2 MM Households
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Egypt Launches First Natural Gas Stations App
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Official Gazette publishes Law authorizing Oil Exploration Contracts in Sidi Barrani
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.81 | -0.77% |
Crude Oil (Brent) Brent | USD/bbl | 63.72 | -0.55% |
NYMEX Natural Gas | USD/MMBtu | 2.80 | -0.46% |
OPEC Basket Price | USD/bbl | 61.97 | -3.53% |
Last Modified March 4, 2021