Iran Starts Oil Production at South Pars Field

• Wednesday, 22nd March 2017
• by Editorial Team

Iran started pumping oil from the oil layer of South Pars gas field (in the Persian Gulf) late March, Tehran Times reported, citing National Iranian Oil Company’s (NIOC) Deputy Managing Director for Engineering and De...

Iran to Issue $1.5b Bonds for Petroleum Projects

• Tuesday, 28th February 2017
• by Editorial Team

The Iranian Parliament ratified a law that allows the government to issue bonds in the next fiscal year for developing major oil and gas projects, according to Financial Tribune. The legislation grants the oil ministr...