Petroleum industry in Iran
Total To Sign $4.8 Bn Gas Deal With Iran
French energy giant Total is to sign a $4.8 billion agreement to develop an Iranian offshore gas field, the oil...
Hyundai Signs 3 Bn Euro Deal For Iran Oil Project
Hyundai has signed a deal worth three billion euros ($3.2 billion) to invest in a major Iranian oil project, the South...
Iran Sees Oil Output Reaching 4 Million Bpd By April, Aims For 4.7 Million Bpd
Iran said in January its daily output was close to 3.9 million barrels. Iran expects its oil production to reach 4...
Oil Sector Experiences Shock
The decline in crude oil prices on the world market has gravely affected the country’s oil sector, which is likely to...
Oil Rallies As Opec Agrees Output Cut
The oil producers cartel Opec has agreed a preliminary deal to cut production for the first time in eight years,...