The managing director of Iranian Oil Terminals Company (IOTC) says Khark Oil Terminal can load up to 8 million barrels per day of oil on vessels now that it has 9 active docks. Khark Oil Terminal covers 95% of Iran's crude oil exports with 9 active ..
Drilling operations at platforms 22, 24A and 24B of the supergiant South Pars Gas Field are 100% complete, operator of the projects said. Operator of SP. 22, 23 and 24 projects Farhad Izadjou said the drilling operations at platform 23 have made 8 ..
Iran has started exporting natural gas to neighboring Iraq, a senior Iranian oil official said. Amir Hossein Zamaninia, deputy petroleum minister in international affairs and trading, said Iran's export of natural gas to Iraq began Wednesday nigh ..
Iranian Minister of Petroleum Bijan Zangeneh says the unexpected rise in US crude oil output has been the reason behind falling oil prices in the market. Speaking following a cabinet meeting on Wednesday, the official told reporters: "W ..