The CEO of the Iranian Central Oil Fields Company (ICOFC) said upstream plans were under way to enhance the crude oil and natural gas output of Ilam Province in western Iran.

The Iranian Central Oil Fields Company has planned to boost the production capacity of Dehloran oil field by the end of the current calendar year to March 2021 with the launch and repair of new wells.

With weeks to go before Azerbaijan is due to start piping gas to the European Union, a decades-old conflict with its Eurasian neighbor Armenia is flaring up again.

Iran: OPEC’s ‘brilliant history’ and the necessity of continued cooperation

Devon Energy Corp. agreed to acquire WPX Energy Inc. in a $2.56 billion all-stock deal, creating one of the largest independent U.S. shale producers and answering investor calls for consolidation at a time of crisis for the sector.

The National Iranian Oil Company (NIOC) has signed 13 major oil and gas extraction research contracts worth a total of €35 million and Rls. 7,160 billion with 13 Iranian universities and research centers.

The National Iranian Oil Company (NIOC) ranked first among the worlds largest oil companies in terms of total oil and gas discovery in 2019, with the discovery of 4.973 billion barrels of equivalent hydrocarbon reserves.

The 25th International Exhibition of Oil, Gas, Refining and Petrochemicals will be held from October 12 to 15

Iranian Minister of Petroleum Bijan Zangeneh said the country’s natural gas exports amounted to 16 billion cubic meters per year.

Iran will add over 185,000 barrels per day to its oil production capacity by carrying out 13 projects aimed at enhancing and maintaining oil recovery in the country’s fields.