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May 11, 2025
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May 11, 2025
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oil feilds
Oil rises as Saudi cut supports and focus turns to Fed
Thursday, 08 June 2023 17:31
IP- Oil rose on Thursday as tighter supply resulting from Saudi Arabia's pledged production cut and a potential pause to U.S. interest rate hikes offset worries over demand weakness and a global economic slowdown.
Saudi Arabia raises crude prices for Asia for third month
Sunday, 09 April 2023 18:03
IP- Saudi Arabia, the world's top oil exporter, has raised the prices of its flagship crude for Asian buyers for the third straight month.
Iran to start pumping oil from oilfield shared with Saudi Arabia
Sunday, 21 August 2022 01:35
Iran has decided to start pumping oil from a key oilfield that straddles the maritime border with Saudi Arabia in the Persian Gulf within the next three years.
Iran, Iraq sign joint oil field development contract: Official
Sunday, 06 March 2022 22:49
Tehran (IP) – CEO of the National Iranian Oil Company announced that Iran and Iraq have sighed a contract for developing the 'Sohrab' joint oil field.
Iran to participate in development of Tajikistan's oil, gas fields
Wednesday, 02 March 2022 18:55
Tehran (IP) - The Iranian Minister of Petroleum said that the Iran-Tajikistan Energy Working Group had been formed, adding that the level of trade between the two countries would pass 500 million Euros.
Pentagon: US forces no longer responsible for protecting Syria's oil fields
Thursday, 11 February 2021 00:26
US forces in Syria are no longer responsible for protecting oil fields in the country as their only duty is to fight ISIL (Daesh) remnants, a Pentagon official said on Monday.
US oil firm plundering Syrian oil: Report
Tuesday, 26 January 2021 00:43
The US oil firm Delta Crescent Energy (DCE) is suspiciously plundering Syrian oil, according to a report by the Financial Times.
Iran rehabilitates 2 wells in Salman joint oilfield
Monday, 28 December 2020 23:50
Iranian Offshore Oil Company (IOOC) has rehabilitated wells 62 and 63 of the Salman joint oil field, producing oil from both wells in a stable extraction volume by the use of the artificial gas lift.
Construction of 5 IOOC Offshore Oil Rigs underway
Saturday, 12 December 2020 18:06
Tehran (IP)- Construction of five offshore platforms of Abuzar, Forouzan, and Resalat oil fields operated by the Iranian Offshore Oil Company (IOOC) is underway in Khorramshahr.
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