Oil Prices Surge as Iran Sanction Waivers End
The US will no longer be giving any waivers to current Iranian oil buyers who were allowed in 2018 to purchase oil from Iran without sanctions.
Iran | Egypt Oil & Gas - Part 17
Iran to Award E&P Contracts to Local Companies
Three or four exploration blocks will be developed by local firms within a year, according to the National Iranian Oil Company.
Iran, Iraq to Develop Two Oilfields
Iran and Iraq are working on developing two oilfields, Naft Shahr and Khorramshahr, on their mutual borders.
Exports Launched in Iran’s South Pars New Phase
Iran exported 300,000 barrels of gas condensate from a new phase of the South Pars field.
Iran Inaugurates South Pars New Phases
Iran has invested around $11 billion to complete the new phases.
Gas Pipeline Explodes in Iran
Iranian authorities have considered the poor safety measures and the aging infrastructure to be the main reasons behind the explosion.
Iran to Launch Pars Field Development Phases
South Pars has a production capacity of around 110 mcm/d.
Iran’s Karoun Oilfield Output Increases
The production from Iran’s West Karoun oilfields have increased, reaching 300,000 b/d.
Iran Achieves Gasoline Self-Sufficiency
Iran achieved its goal of self-sufficiency after inaugurating the third phase of the Persian Gulf Star refinery, with a production capacity of 45 million liters of petrol per day.
Iran to Stand Against US Sanctions: Oil Minister
Iran will stand against US sanctions considering them “fully illegal”, Bijan Zanganeh, Iranian Oil Minister, said on January 10, announcing that Tehran would not comply with the sanctions
