Iran is to introduce 50 major oil and gas projects at an upcoming conference in Tehran on November 28-29, for which $185bn in foreign investments will be needed, a deputy petroleum minister said

A senior petrochemical official says Iran will be targeted by foreign investors, mostly Europeans, in the second half of 2016

Iranian Vice President Eshaq Jahangiri has issued the general terms of upstream oil and gas contracts to the Ministry of Petroleum

Describing the latest status of negotiations with Malaysia’s Petronas and Austria’s OMV oil companies, managing director of ICOFC announced several Russian firms’ willingness to invest in Iran’s central oil fields

South Zagros Oil and Gas Production Co. has plans to raise natural gas recovery from Agar Gas Field, SZOGPC chief said

Iranian Minister of Petroleum Bijan Zangeneh briefed Iranian Foreign Minister Mohammad Javad Zarif as well as Iranian envoys and ambassadors to foreign countries on the current status of the countrys oil and gas industry

Iran is going to unveil four projects related to oil fields in its Caspian Sea waters, said the managing director of the Khazar Exploration and Production Company (KEPCO)

Well no.43 of Tabnak Field and well no.12 from Varavi filed in Parsian operational region have come on stream

The volume of the natural gas stored at Sarajeh Gas Storage Facility has exceeded 1.25 billion cubic meters, 83% of the facilitys storage capacity in its first phase, a gas distribution official said

BPs President of Middle East Michael Townshend says the company is ready to return to Iran and resume its presence in Irans exploration and production projects in its oil and gas industry