madaresharghi A deadly 7.3 magnitude earthquake struck western parts of Iran on Sunday night, but production at Azar Oilfield in Ilam Province has not been affected, said Keyvan Yarahmadi, who ...

madaresharghi Qeshm Free Zone Organization and Parsian Oil and Gas Development Group Company signed on Sunday a memorandum of understanding on the development of a petrochemical hub on the largest ...

madaresharghi The oil market is rebalancing at a quickening pace and production cuts are the “only viable option” to restore stability, OPEC Secretary-General Mohammad Barkindo said. “We are seeing clear ...

madaresharghi Oil Minister Jabar al-Luaibi said Iraq plans to increase production from oilfields in Kirkuk to 1 million barrels per day and has visited the Bai Hasan and Avana fields ...

madaresharghi Iran continues to adhere to a global agreement to scale back crude oil production as OPEC data on Monday showed further cuts in the country's monthly oil output. The ...

madaresharghi Iran’s petrochemical production capacity is expected to rise by 10 million tons in about four months upon the launch of new petrochemical ventures. According to NIPNA, the National Petrochemical ...

madaresharghi When BP Plc goes to Abu Dhabi, the UAE, this week, where big oil companies will be jostling for access to the Emirate’s offshore riches, the British behemoth will ...

madaresharghi Iran’s petrochemical production capacity is expected to rise by 10 million tons in about four months upon the launch of new petrochemical ventures. According to NIPNA, the National Petrochemical ...

madaresharghi Crude oil production from the giant South Azadegan field near the Iraqi border is expected to reach 100,000 barrels per day by December, an official at the Petroleum Engineering ...

madaresharghi Preparations to float the shares of Saudi Aramco next year are proceeding, but no decision has been taken yet on the venue for the international listing, the chief executive ...