TEHRAN (Shana) -- The Director of International Affairs at the National Iranian Oil Company (NIOC) announced a sharp increase in the supply of gas con...

TEHRAN (Shana) -- Iran's export of crude oil and gas condensate stood at 2.61 million barrels per day in June 2018. OPEC member Ir...

(Bloomberg) -- OPEC and its allies gave the final sign-off to an oil-production increase, sealing a victory for Saudi Arabia and Russia. Major prod...

VIENNA, June 22 (Reuters) - OPEC agreed on Friday on a modest increase in oil production from July after its leader Saudi Arabia persuaded arch-rival ...

TEHRAN (Shana) -- The National Iranian Drilling Company (NIDC) completed drilling of 43 oil and gas wells over the course of the first three months of...

TEHRAN (Shana) -- Iran's Persian Gulf Petrochemical Industries Company (PGPIC) generated a total of 1.2 billion dollars in revenue over the first ...

The board of directors of Statoil proposes to change the name of the company to Equinor. The name change supports the company’s strategy and dev...

While base salaries for E&P workers are increasing in 2018, so are the salaries of E&P consultants compared to years past. The average work...

(Bloomberg) -- Crude climbed as traders weigh signals from OPEC producers on the potential size of an output increase. West Texas Intermediate crud...

Bloomberg) -- OPEC is discussing a relatively modest production increase before its meeting in Vienna this week, an attempt to bridge the gap between ...

TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh hosted a meeting with visiting Congolese Minister of Foreign Affairs Jean-Claude Gakoss...

TEHRAN (Shana) – CEO of the National Iranian Oil Company (NIOC) Ali Kardor appointed Ali Akbar Pourebrahim as the new vice-chairman and CEO of t...