Press TV quoted Mohammad Keramati, the head of the Iranian Research Institute of Petroleum Industry, as saying that more than 490b barrels of Iran’s oil reserves are not recoverable without the right technologies.
A source informed Bloomberg that the Iraqi government has mandated Citigroup Inc., Deutsche Bank AG, and JPMorgan Chase & Co. to organize meetings to help launch the country’s planned $6b international bond program, ...
Iranian broker Reza Mostafavi Tabatabaei has warned foreign investors heading towards Iran of the difficulties they may face, speaking from his own personal experience.
“We are laying the necessary groundwork for gas exports” to the UAE, Kuwait, Bahrain and Oman, announced Managing Director of the National Iranian Gas Exports Company (NIGEC) Ali Reza Kameli
A leading Russian oilfield services group, ERIELL, has just signed a contract with Lukoil Middle East to drill 25 production wells at the West Qurna-2 oilfield
In addition to unveiling its new contract model at a conference in London slotted for December, according to Bloomberg Iran has also intends to advertise 45 oil and gas projects to international companies at the said ...
Reuters reported that an explosion targeting the Mirsad electrical line in eastern Iraq disrupted the flow of electricity originating in neighbouring Iran, announced the Iraqi electricity ministry.
International oil companies (IOCs) working in Iraqi Kurdistan will now receive monthly payments beginning September for the crude they produce and export,
Iran is building a natural gas combined cycle power plant in Iraq’s Basra at a cost of $2.5 billion in the Persian country’s biggest engineering services deal yet.
Iraqi Kurds are independently selling oil produced in their region, bypassing the country’s state crude marketer for all exports so far this month, said Safeen Dizayee, a spokesman for the Kurdistan Regional Government.