Crude Oil Price Movements In December, the OPEC Reference Basket (ORB) value dropped by $2.72/b, month-on-month (m-o-m), to ...

Through the implementation of a series of technical and operational measures under the South Azadegan development project in ...

According to secondary sources, total OPEC-12 crude oil production averaged 28,564mb/d in Decemer 2025, which is 105 kbpd higher m-o-m.

Managing Director of the National Iranian Drilling Company (NIDC), announced the drilling, completion, and commissioning of 12 gas wells out of a total of 32 under a ...

Contracts for the “guaranteed purchase of drilling services” and the “purchase of crude oil processing services for oil fields,” structured under the ...

Project Manager of the Farzad-B gas field development at Iran’s Pars Oil and Gas Company (POGC), announced that construction of the first jacket ...

Amir Moghiseh, Director of Investment and Business Development at the National Iranian Oil Company (NIOC), stated that under the budget law, 14.5% of revenues from ...

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has intensified pressure on Iran by sanctioning ...

Amir Moghiseh, Director of Investment and Business Development at the National Iranian Oil Company (NIOC), stated that under the budget law, 14.5% of revenues from ... The U.S. Department of the ...

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has intensified pressure on Iran by sanctioning nine vessels and their respective.... In a ceremony attended by President ...

In a ceremony attended by President Masoud Pezeshkian, National Iranian Oil Company (NIOC) signed investment contracts worth more than $2 billion... He noted that, contrary to the government’s claim ...