Shale oil and gas extraction in the United States has commanded headlines in recent years.

There is a widely-used saying in Persian “Dar Hamish-e Rouyeh Yek Pashneh Nemicharkhad”. The English equivalent is “It is a long lane that has no turning”, which literary means that the bad times cannot continue forever, and the good days will not last forever either. Currently, two out of five members of OPEC which founded the organization are under the US sanctions.

Italys Saipem has signaled readiness to join petrochemical projects in Iran.

Imam Khomeini Shazand Refinery is now supplying 16.5 million liters per day of Euro-4 gasoline from previously 12 ml/d, after its overhaul operation ended ahead of schedule.

Iranian Minister of Petroleum Bijan Zangeneh said Frances Total had 60 days to secure a waiver from U.S. sanctions against Iran to stay in a multibillion-dollar gas project in South Pars.

Plenty of new power plants are constructed every year in the United States, adding gigawatts of power generation to grids across the country, but the past few months have illustrated a dramatic shift in the type of power plant being built. A new report from the Federal Energy Regulatory Commission finds that of all new electricity generation built in the first two months of 2018, a full 98 percent is renewable.

The "EOR Solutions for Iranian Fields" panel was presided over by Mohammad Ali Emadi, advisor to Deputy CEO of National Iranian Oil Company for Development and Engineering Affairs Gholam-Reza Manouchehri.

The panel discussion on the model of development contracts for Irans upstream oil and gas industry was presided over by Reza Dehqan, chief coordinator of upstream contracts at the National Iranian Oil Company (NIOC).

The second international E&P conference and the first international drilling industry exhibition were held simultaneously in Tehran March 3-4. More than 170 Iranian and foreign speakers shared views through 24 panel discussions.

What are the National Iranian Oil Company’s priorities in the calendar year of 1397, which began on March 21? Can the companys achievements in the year be predicted? What matters will be prioritized over other issued during the year? How would senior NIOC executives respond to the question, "What are the most important programs that are being followed up in the year 97, or are they expecting to reach fruition in the year?"