OilPrice | Simon Watkins: Given the array of sweetener deals in the oil and gas sector promised to Russia by Iran in the past year or so suspended until public outcry over these bargain-basement giveaways has died down Tehran is now sufficiently confident in its implicit support from Russia that it is going ahead with fully developing a long-disputed ...

SHANA -- Ahmad Shirzadi, exploration director at Khazar Exploration and Production Company (KEPCO), has announced the start of two major projects within areas run by this company. He said one project was development of Sardar-e-Jangal oil field and another one was the continuation of exploration operations in the prioritized structures ...

TEHRAN Mar 01 (Shana): The second exploration well in Sardar-e-Jangal field has been drilled 2,440 meters, director of exploration at Khazar Exploration and Production Company said. Yousef Etemadi said the second well will be drilled up to the depth of 4,022 meters, adding that the drilling will be over in three months if no obstacle is posed. Continuation ...