The National Iranian Drilling Company (NIDC), even after more than forty-six years since the beginning of its operations, continues to play an undeniable role as one of the strategic arms ...

Iraq’s supply of gas from Iran has been halted, the electricity ministry said on Tuesday, adding that the stoppage was due to the shutdown ...

The budget bill points to a major shift in government financing, with tax revenues replacing oil as the main source of income.

Sanctions imposed since 2018 have cut off access to more than 70% of modern desalting and polymer injection technologies, and even 60–85% localization of equipment ...

Iran’s Pars Oil & Gas Company (POGC) has issued a tender for maintenance and repair of offshore platforms of South Pars region one, ...

The new proposal by the Foundation for Defense of Democracies (FDD) to the Trump administration to seize and confiscate oil tankers carrying Iranian oil anywhere in the world ...

The purpose of deploying and commissioning this rig is to drill the third well in the Gadvan formation of the Sohrab oil ...

Iran’s Pars Oil & Gas Company (POGC) has issued a tender for maintenance and repair of wellhead and downhole equipment, ...

It was further announced during the meeting that cumulative oil production from these fields has so far exceeded 34.5 million ...

Iran’s Dasht Azadegan Arvand Company, acting as the IPC contractor for the Azadegan integrated development project, has ...

Managing Director of Iranian Offshore Engineering and Construction Company (IOEC), visited the Khorramshahr yard to review the progress of jacket and storage tank construction ...

Goldman Sachs has projected a significant decline in global oil prices in 2026, citing expectations of a sustained supply surplus and slower demand growth.