A senior official with Irans Research Institute of Petroleum Industry (RIPI) says the country enjoys vast shale gas reserves in the western province of Lorestan.

Iran on Sunday signed an agreement with South Africa over the production of gas to liquids (GTL) - an agreement that could lead to the transfer of knowledge to Iran over the production of the clean fuel.

India’s biggest oil refiner says it is looking to ramp up oil imports from Iran after resuming purchases from the country only last month.

Iran has started exporting 60,000 bpd of crude oil to Greece, Director of international affairs at National Iranian Oil Company Mohsen Qamsari said Friday.

Chief Executive Officer of National Iranian Oil Company (NIOC) says the country’s crude oil production will reach pre-sanctions levels of 2011 within a couple of months.

Korean research firms came to Iran last week to visit the research arm of the countrys energy sector, Research Institute of Petroleum Industry (RIPI), in a push to cement research deals with the institute.

Iranian Minister of Petroleum Bijan Zangeneh said Iran has signed a deal with European customers for the export of 0.7 million barrels per day.

Managing Director of the state-run National Iranian Oil Company (NIOC) said Irans crude oil production has hit 3.5 million barrels per day.

A senior Iranian oil official said Iran will be represented by its OPEC Governor, Hossein Kazempour Ardebili, at the upcoming meeting of oil producers in Doha.

Managing Director of National Iranian South Oil Company (NISOC) said the company is planning to boost production of crude oil during the current calendar year which began on March 20.