Minister of Petroleum Bijan Zanganeh said on Thursday he will take part in the OPEC closed door session, that will be held on the sidelines of the International Energy Forum, in Algeria.

First Vice-President Eshaq Jahangiri issued an executive order on the application of the new type of oil contracts designed to attract foreign investors.

Minister of Petroleum, Bijan Zanganeh, said on Saturday that Iran exports 13 to 14 million liters of gasoline a day and has the capacity to raise the level to 20 million liters in the future.

Chinese SINOPEC and CNPC are to continue cooperation with Iran in the second phase of projects to develope North Azadegan and Yadavaran fields.

Senior economist Saeed Leilaz says conclusion of new oil and gas contracts with the foreign companies, which hold capital and technology, is necessary and not a single moment of delay in...

Irans commercial attaché to South Africa Mehrdad Siaydat Nasab says Irans exports to South Africa have increased in the post-JCPOA era.

Director of the International Affairs Department at National Iranian Oil Company (NIOC) Mohsen Qamsari said on Wednesday that more than 2,100,000 barrels of crude oil were exported in July.

National Iranian Oil Company (NIOC) issued a statement saying that the new oil contract model does not assume any ownership rights for developers who will only be paid upon NIOCs decision at the time the work is done.

A senior Iranian gas official says studies have begun by Iran and Oman on the deep-water route of a pipeline that is supposed to transfer Iranian natural gas to Oman.

Managing Director of Irans Central Oil Fields Company (ICOFC) Salbali Karimi says after the Joint Comprehensive Plan of Action (JCPOA)his companys oil production rose to 180,000 bpd in Iranian month of Aban (October 22-November 20) from 106,000 bpd almost six months ago.