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Biggest Oil/Gas Opportunity in Iran

Biggest Oil/Gas Opportunity in Iran

Oil sanctions against Iran remain effective. But the country says it would export 2.3 mb/d of oil and condensate this year. Many experts believe that Iran’s return to the oil market is unlikely to cause any shock.

Iran Gas Sector Braces for Fast Development

Iran Gas Sector Braces for Fast Development

Iran’s gas industry development has over the past six years seen daily growing development with the focus having been on recovery from the giant South Pars gas field.

Covid-19 Crisis and Oil Prices

Covid-19 Crisis and Oil Prices

Oil prices keep falling. Nobody could imagine that oil prices would hit their 17-year lows in less than three months. Analysts shift the blame on the novel coronavirus outbreak, which has degenerated into a global crisis. The Covid-19 outbreak caused economic stagnation and demand for oil and petroleum products dropped severely.

Investment in Oil Startups

Investment in Oil Startups

The idea of establishing oil startups was first raised less than a year ago by Petroleum Minister Bijan Zangeneh.

Modern Technologies, Oil Industry Development Pulse

Modern Technologies, Oil Industry Development Pulse

The Reservoir Management and Field Development Division of the Research Institute of Petroleum Industry (RIPI) is a dynamic specialized and scientific center seeking to bring about new changes in the upstream petroleum industry based on modern technologies and latest scientific achievements.

Global Rivalry over Shale Oil/Gas

Global Rivalry over Shale Oil/Gas

Shale oil and gas market has been gathering steam across the globe over the past decade. Many countries, particularly the United States, have developed new technologies to produce and process shale oil and gas.

Iran Complying with Paris Agreement

Iran Complying with Paris Agreement

With the implementation of output quality improvement projects in Iran’s refineries and the production of Euro-4 gasoline, Iran has taken effective measures in compliance with the Paris Agreement which came into effect in December 2015.

EOR Envisaged for Bangestan Reservoir

EOR Envisaged for Bangestan Reservoir

Iran hopes to bring its oil output to over 5 mb/d under its 20-year vision plan by investing in ageing fields. Some of oil fields in Iran are already mature. Their oil has partly been recovered, but cutting edge technologies are needed to extract the remaining oil.