Iran not to Increase Crude Output in Coming FY
Iran has no plans to increase its annual crude oil output in the next fiscal year (FY) starting March 21.
NIOC | Egypt Oil & Gas - Part 4
Iran’s Oil Reserves Could Increase by 10%
Studies conducted by foreign and domestic firms on Iranian oilfields have revealed that Iran has the ability to increase its proven oil reserves by 10%.
Gazprom Signs MoUs with Iran
Gazprom signed two memoranda of understanding (MoU) with Iran for the development of Iran’s natural gas assets
Iran Offers Deeper Discounts to Retain Market Position
In a bid to retain its market position, Iran is lowering its crude oil prices vis-à-vis Saudi Arabia
NIOC, Pertamina to Negotiate LPG-Contract Renewal
The National Iranian Oil Company (NIOC) and Indonesia’s Pertamina are set to begin negotiations to renew a liquefied petroleum gas (LPG) contract.
Iran Projects Crude Production of 4.5M b/d
The Managing Director of the National Iranian Oil Company (NIOC), Ali Kardor, projects that Iran will be producing 4.5 million barrels per day (b/d) of crude oil by the end of 2022.
Iran’s South Pars Oilfield Could Produce 140,000 b/d
Maersk Oil estimates that potential output from Iran’s South Pars could reach 120,000 to 140,000 b/d during the second phase of its development.
Iran to Reveal 14 Oil, Gas Exploration Tenders
Iran is planning to unveil its first round of oil and gas exploration tenders since the easing of economic sanctions.
Total Develops Iran’s South Pars Gas Field
France's Total signed an agreement to develop Phase 11 of Iran's offshore South Pars Gas field, which is the world’s biggest natural gas field.
