Petropars says gas recovery from the Iranian side of the world’s largest gas field has reached 1.8 tcm.

Iran’s NIOC awards a $1.78bn contract to its subsidiary Petropars for development of Farzad B gas field.

Despite having previously agreed to lift the nuclear sanctions on Iran it reneged by imposing further sanctions, under the guise of alleged support for terrorism, barring American citizens and companies from investment or trade with Tehran.

Iran launches the massive Parsian Sepehr gas refinery in south with an investment of $1.013 billion.

Iran’s Rouhani inaugurates two major oil projects with an investment of $2.7 billion.

Iran says it methanol output will more than double in 2025 to 23 million tons per year.

Iran’s Minister of Petroleum Bijan Zangeneh has called Russia a “strategic partner” during a visit to Moscow and invited Russian companies to invest in the Islamic Republic.

A massive NGL project which relies on flare gas as feedstock would come on line by March.

Reinstating Yemen's ex-President Abd Rabbuh Mansur Hadi, who was amenable to a long term deal with Aramco, is a cover story for the ulterior motives of Riyadh with respect to oil rich Yemen.

Number of rigs in US oil and gas industry falls massively compared to last year, shows a report.