Tehran
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Iran's NDC, French Firm Sign Drilling Agreement

madaresharghi France's Altea Resources signed a memorandum of understanding with the North Drilling Company, a subsidiary of the National Iranian Oil Company, to cooperate in drilling-related operations and services. The ...
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Exxon Spending $1b/y on Green Energy

madaresharghi One of the world’s biggest oil companies is pumping more than $1 billion a year into alternative forms of energy from algae engineered to bloom into biofuels and cells ...
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Iran Petrochemical Exports Up 13%

madaresharghi Iran's petrochemical exports rose 13% in the first seven months of the current fiscal year (March 21-Oct. 22) compared with the same period of last year, an official at ...
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Oil Near 2-Year Highs

madaresharghi Oil prices rose on Friday, nearing their highest levels in more than two years, with buyers attracted by expectations of an extension to a global pact to cut output ...
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Iran Expects Crude Output to Reach 4.5 mbpd in Four Years

madaresharghi Iran sees the potential to raise its crude oil production capacity by more than 50% in the long run, while plans are in place to ramp up output to ...
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Oil Majors Find Their Way Back to Normality

madaresharghi Oil supermajors are getting back to their normal way of life after surviving a price slump that shook the foundations of their business, with BP Plc giving the boldest ...
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Total Postpones Azeri Investment

madaresharghi French oil company Total has postponed an investment decision on development of the Absheron gas and condensate field in the Azeri sector of the Caspian Sea until spring 2018 ...
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Brent, WTI Extend Rally

madaresharghi Oil rose to its highest since mid-2015 on Wednesday as data showed OPEC has significantly improved compliance with its pledged supply cuts and Russia is also widely expected to ...
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Saudi Oil Price for Asia to Reach Highest in Few Years

madaresharghi Top oil exporter Saudi Arabia will hike December crude prices for customers in Asia to levels last seen in 2013 or 2014, a Reuters survey showed, with OPEC-led output ...
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Tehran Water Project to Be Completed in 4 Years

madaresharghi A major water supply project in the city of Tehran, dubbed as Tehran Water Ring, will go on stream in four years, the managing director of Tehran Province Water ...
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