Iran hopes that operational works on a $5-billion gas deal with France’s Total will begin early next year, as the country takes steps to subcontract part of the works for developing Phase 11 of the giant South Pars Gas Field in the Persian Gulf.
News ID: 1308 Publish Date : 2017/09/16
The new model of Iran's oil contracts is clear on all grounds, but there is still some ironing out to do over the terms of collaboration with foreign companies on raising the recovery factor in oilfields, the managing director of National Iranian Oil Company said.
News ID: 1293 Publish Date : 2017/09/13
Libya and Nigeria, the two OPEC members exempt from the current oil production cut deal, have been invited to participate in the producer group's latest ministerial committee meeting on Sept. 22.
News ID: 1274 Publish Date : 2017/09/07
ExxonMobil and Primetals Technologies have signed a global lubricants agreement to provide lubricants and enhanced technical services exclusively to Primetals Technologies customers.
News ID: 1257 Publish Date : 2017/09/04
Iran's light crude oil traded at $51 per barrel in the week to August 25, up $1.24 in weekly trade.
News ID: 1253 Publish Date : 2017/09/04
Qatar and Iraq are extracting the lion’s share of joint oil and gas reserves and further procrastination and lack of consensus among policymakers will impose heavy financial losses
News ID: 1252 Publish Date : 2017/09/03
Iranian crude oil production increased by 100,000 barrels per day (bpd) in August from its previous month.
News ID: 1250 Publish Date : 2017/09/02
Russia’s Gazprom Neft PJSC presented the results of its studies on development of Iran’s Cheshmeh-Khosh and Changouleh oilfields to National Iranian Oil Company (NIOC) on Tuesday, Shana reported.
News ID: 1245 Publish Date : 2017/08/31
OPEC’s second-largest producer is stepping up the campaign to get more for its oil by looking to revamp the way it sells crude to its biggest customers.
News ID: 1243 Publish Date : 2017/08/31
Iranian Oil Minister Bijan Namdar Zanganeh put the country’s oil production at 3.8 million barrels per day (bpd) of which 2.6 million barrels is exported to world markets.
News ID: 1234 Publish Date : 2017/08/30
The impending initial public offering of shares in Saudi Aramco, the world’s biggest oil producer by volume, will be a bellwether for investors’ belief in humanity’s readiness to curb the carbon emissions set to disrupt centuries of stable climate.
News ID: 1210 Publish Date : 2017/08/21
Moscow and Tehran may soon agree upon conditions for the sale of 100,000 barrels of oil per day, according to the Russian energy minister.
News ID: 1203 Publish Date : 2017/08/20
Iran used to swap as much as 130,000 bpd of crude oil and received $1 in transit costs for each barrel
News ID: 1194 Publish Date : 2017/08/19
Iran's Ghadir Investment Holding has signed a $7 billion agreement with Turkey's Unit International and Russia's state-owned Zarubezhneft to drill for oil and natural gas in Iran, the Turkish company announced on Tuesday.
News ID: 1188 Publish Date : 2017/08/17
TEHRAN - The 22nd Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2017) kicked off at Tehran Permanent International Fairgrounds on Saturday.
News ID: 1142 Publish Date : 2017/05/08
Mexico's oil shipments to the US fell to a new low this month, extending a trend that goes back to when the Energy Information Administration began compiling preliminary weekly import data in June 2010.
News ID: 1131 Publish Date : 2017/04/24
Iran's crude oil traded above $53 a barrel in the week to April 14, reflecting the global confidence in a pact between OPEC and non-OPEC producers to slash supplies to boost flagging oil prices.
News ID: 1128 Publish Date : 2017/04/24
In case of new economic restrictions or any impediment in cooperation, foreign contractors will be remunerated based on the terms of their deals
News ID: 1126 Publish Date : 2017/04/24
Saudi Arabia is likely to support extending OPEC output cuts into the second half of 2017 in an effort to boost oil prices, according to a person familiar with the kingdom’s internal discussions.
News ID: 1089 Publish Date : 2017/04/13
Compensation for three of Chevron Corp's senior leaders, including Chief Executive John Watson, rose last year due to a change in how the value of pensions is calculated.
News ID: 1088 Publish Date : 2017/04/13
