With $645m investments to revitalize Iran's oil recovery rates, the National Iranian Oil Company (NIOC) reported that the Islamic Republic is pumping 3.62mb/d of crude oil, with 2.74mb/d in exports during July.
Abu Dhabi National Oil Co. is still in talks with international companies about concessions at the emirate’s largest fields and hasn’t set a deadline for deciding on the awards, Director General Abdullah Nasser al Su ...