Iran Signs Multibillion Dollar Deal with Total

The National Iranian Oil Co. (NIOC) reached a preliminary agreement worth $4.8 billion with Total, a French energy company, for the development of the South Pars offshore gas field; one of the largest in the world. Total’s Chairman and CEO Read more

Iran to announce oil contracts in November – December

The Iranian government is determined to increase its oil production as it works towards regaining its past glory as the second biggest producer among OPEC members before U.S, E.U and U.N economic sanctions. Global oil prices have been dropping since Read more