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 ...