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Iran Starts Gas Exports to Iraq
Restricted Iranian gas flows to Iraq have started, one year behind schedule. Iran’s deputy oil minister for trade and international affairs, Amir Hossein Zamaninia told…
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Iran, Eni sign MoUs on Oil, Gas Fields
National Iranian Oil Company (NIOC) and Italian Eni signed two Memoranda of understanding (MoUs) June 20 to study the third phase of Darquain oil field as well as Iran’s…
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Iran Adds Five IOCs to IPC-qualified list
Iran has added four Russian companies – Rosneft, Zarubezhneft, Tatneft and Gazprom Neft – and Azerbaijan’s state-run oil company Socar to the 29-member…
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Morten Frisch - Qatar, Iran and the North Field Development: A Gas Industry View
This article, by Morten Frisch, explains the development of the North Field, how the LNG market has developed since 2005, Qatari sales of pipeline gas to the UAE and Oman and how…
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OMV, Gazprom Neft Eye Iran Cooperation
Russia’s Gazprom Neft and Austrian OMV signed a memo of understanding June 2 to work together to develop Iran’s upstream at the St Petersburg International Economic…
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Iran, Tubacex Set up Speciality Pipeline Firms
Iran’s Mobarakeh Steel Company and Spanish Tubacex will establish three firms, two of them in Isfahan city and another in Kish Island, to produce corrosion-resistant alloy (C…
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Iran Finds S Pars Satellite Field
Iran has discovered a gas field close to the South Pars field in Persian Gulf with 42bn m³ in-situ gas reserves, of which 22.5bn m³ are considered recoverable. An…
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Iran to Sign Firm Contract with Tubacex May 24
Iran will sign a contract worth $550mn with Spanish Tubacex May 24 to produce corrosion-resistant alloy (CRA) pipelines, needed for South Pars. This will be the first agreement…
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Iran Supplies Turkey Instead of Paying Fine
Iran has been exporting gas to Turkey at “a very low price or even free of charge” since January owing to an international court ruling that fined Iran $1.9bn, Hamid…
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TAPI Pipe 'To Be Complete by 2020'
The ambitious Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline will be complete by December 2020, as per schedule, Pakistani state-owned Associated Press of Pakistan…
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Iran Inaugurates 5 South Pars Phases
Iran's President Hassan Rouhani said during this weekend's official inauguration of five phases of Iran’s South Pars giant gas field – dubbed North Field by Qatar --…
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EU Fosters Iran Nuclear Links
In a likely sign of further policy divergence with the new US administration, the European Commission (EC) said April 18 it had signed the first ever project for nuclear…
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Iran, Azerbaijan Discuss OIl, Gas Projects
A delegation led by the boss of Azerbaijan’s state-run Socar, Rovnag Abdullaev (pictured below), met Iran's oil minister Bijan Namdar Zanganeh in Tehran over the weekend.&nbs…
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BP Cuts CEO's Pay Package by 40%
BP has cut the total pay package for its CEO Bob Dudley to $11.6mn, 40% less than he got for 2015. The disclosure was made in the UK major’s 2016 Annual Report released…
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Moscow to Gain from Iran's Oil, Gas: Sources
Reports of last week's visit to Moscow by Iranian president Hassan Rouhani cited security co-operation generally and in Syria specifically as the main subject. However, energy co-…
