Managing Director of the National Iranian Gas Company (NIGC) said that cooperation with major international energy firms such as Italy’s Saipem and Russia’s Gazprom are increasing in the wake of removal of sanctions

An industrial delegation from Germany will visit Tehran on Wednesday to discuss future cooperation with an Iran fresh from removal of stifling sanctions

Iran has taken final steps to start producing 85,000 barrels of oil a day from the Yadavaran Field jointly held by neighboring Iraq, said administrator of the field’s development project

Manager of Sarajeh Refining and Storage Complex said that more than 23,000 tons of gas condensates were recovered last year from the storage facilities near the city of Qom out of which 16,000 tons were exported under supervision of the National Iranian Oil Company

Iran is extracting the worlds lightest, highest quality crude oil from Hengam oil field which Iran shares with Oman

National Iranian Oil Company (NIOC) and French giant oil company Total have signed a memorandum of understanding which foresees crude oil sale to the major European firm.

Development projects at North Azadegan and Yadavaran are close to completion adding 160,000 barrels a day to the countrys crude oil output, a senior Iranian petroleum official said

Deputy Managing Director of National Iranian Oil Company (NIOC) Gholam-Reza Manouchehri says 10 to 12 Memoranda of Understanding (MoUs) will be signed in oil industry related areas with foreign companies.

Managing-director of Pars Special Economic Energy Zone (PSEEZ) said midstream oil and gas industries will develop in PSEEZ in line with the resistive economy principles

Iran’s Ministry of Petroleum has signed a major agreement with Italy’s Saipem to cooperate in a multi-billion euro project, reports from Rome said