India is poised to receive its first shipment of Iranian oil in seven years, following the temporary lifting of US sanctions on Iranian crude and refined products to ease global supply pressures, according to Reuters....
Iran has shut down a number of oil wells in the Khuzestan province due to massive floods hitting the country’s south, according to Mehr news agency, Reuters reported. Closing the wells led to a production loss o...
Tehran has commissioned China National Petroleum Corporation (CNPC) to develop the second phase of the North Azadegan oilfield project in Iran with a production output of up to 75,000 b/d, Mehr News Agency reported. T...