Iran: Domestic Companies Capable of Developing Farzad B Gas Field
Iran will award Farzad B gas field to domestic Iranian contractors if India withdraws from negotiations over the field’s development.
Iran | Egypt Oil & Gas - Part 24
Iran Deal: Saudi Arabia Will Not Act Unilaterally in Oil Markets
Riyadh is working closely with the UAE and Russia on "coordination and market consultations," regarding the impact of US President Donald Trump’s decision to pull out of the 2015 Iran nuclear deal, an OPEC source ...
Oil Spikes as Trump Exits Iran Deal
Oil prices rose more than 2% on May 9, after President Donald Trump announced the US withdrawal from the Iran nuclear deal and a reimposition of the "highest level" of sanctions on Tehran.
Iran Targets Joint Oil Company with Azerbaijan
Iran seeks to form a joint oil company with Azerbaijan, according to Iranian Deputy Oil Minister Amir Hossein Zamaninia.
Norway’s DNO to Increase Activity in Kurdistan
Norwegian oil and gas operator DNO announced on April 26 that it intends to expand and accelerate operations in Kurdistan, northern Iraq.
No Extension Needed on OPEC Cuts if Prices Continue to Rise: Iran
An extension to the oil production cuts will not be necessary if crude prices continue to rise, Iranian Oil Minister Bijan Zanganeh has said.
South Korean Imports from Iran Fall in March
South Korean imports of Iranian crude oil dropped by 39.3% year-on-year (Y.o.Y) in March 2018, the county’s customs data showed.
Oman, Iran Agree to Finalize Undersea Gas Pipeline Deal
Oman and Iran have agreed to finalize a cooperation pact for an offshore pipeline project from the Islamic Republic to Sohar Port in northern Oman.
South Pars to Increase Output by 84 mcm/d by September
The daily output from South Pars gas field will rise by 84 million cubic meters (mcm) to 654 million cubic meters per day (mcm/d) by late September 2018.
Essar Oil Pays $2.5B in Debt to Iran
Indian company Essar Oil has paid $2.5 billion in debt to Iran.
