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

Iranian Minister of Petroleum Bijan Zangeneh said Iran will officially announce its crude oil output rise by 500,000 barrels per day at the upcoming OPEC meeting on December 4

Managing director of the South Zagros Oil and Gas Production company referred to the drilling of two new wells in the operational regions under SZOGPC and said with these two wells coming on stream, 1 million cubic meters of gas has been added to the total production capacity of the company.