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Latest Oil reserves in Iran Stories

2010-10-21 05:00:00

HOUSTON, Oct. 21 /PRNewswire-FirstCall/ -- Harvest Natural Resources, Inc. (NYSE: HNR) today announced an increase in reserves attributed to Petrodelta, S.A. ("Petrodelta"), Harvest's 32% indirect owned Venezuelan affiliate. The increase is a result of a new reserve report dated September 30, 2010 for the El Salto field, which is the largest of the six fields operated by Petrodelta. Proved and probable ("2P") reserves net to Harvest in Venezuela have increased to 103.0 million barrels of...

2010-03-03 07:00:00

Proved Reserves Increase by 34% and Proved plus Probable Increase by 19% Original Oil in Place increases by 21% CALGARY, March 3 /PRNewswire-FirstCall/ - Bankers Petroleum Ltd. ("Bankers" or the "Company") (TSX: BNK, AIM: BNK) is pleased to provide the results of its December 31, 2009 independent reserves evaluation and reports the fifth consecutive year of reserves additions since Company inception in 2004. Evaluations were conducted by RPS Energy Canada Ltd. ("RPS") for the Patos Marinza...

2010-02-17 07:33:00

HOUSTON, Feb. 17 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) announced that during 2009, the Company added net proved liquid hydrocarbon and natural gas reserves of 674 million barrels of oil equivalent (mmboe), excluding dispositions of 41 mmboe, while producing 149 mmboe, and thereby increasing proved reserves by over 40 percent from 1,195 mmboe at year end 2008 to 1,679 mmboe at year end 2009. For the three-year period ended Dec. 31, 2009, Marathon added net proved...

2008-09-29 09:00:49

Russian gas major Gazprom has signed a memorandum of understanding with the National Iranian Oil Company for the development of oil and gas fields. The two sides gave a positive assessment of bilateral co-operation for development in the energy field and confirmed their willingness to strengthen the mutually beneficial long-term partnership. The memorandum of understanding was signed by Alexey Miller, chairman of Gazprom's management committee and Seyyed Kasaeizadeh, deputy minister of...

2008-09-17 06:00:33

Text of report by Iranian state-run provincial TV from Khuzestan on 16 September Production manager of the National Iranian South Oil Company has talked about daily production of 3,200,000 barrels of crude oil on average since the beginning of this year [Iranian year started 20 March 2008] by this company. Ali Aqajarian added that this number of crude oil barrels has been recovered to 40 oil fields and 45 production factories through gas injection. He said that from this amount more than...

2008-07-16 12:01:22

Total to continue projects in Iran: report TEHRAN, July 15 (Xinhua) -- A senior official of French energy giant Total said that its company is interested in continuing cooperation with Iran in its oil and gas sectors, the semi- official Mehr news agency reported on Tuesday. In a letter to Iranian Oil Minister Gholam-Hossein Nozari, Total Chief Executive Christophe de Margerie rejected recent reports on Total's withdrawal from South Pars gas field, describing them as political...

2008-07-16 12:01:22

Total to remain committed to Iran projects: Iranian national oil company TEHRAN, July 15 (Xinhua) -- National Iranian Oil Company (NIOC) on Tuesday rejected reports about French energy giant Total's withdrawal from the nation's South Pars gas deal, saying it has officially announced that it would carry out its commitments in Iran's oil industry. "Total had been previously active in Iran's oil industry and promised to participate in the development of Phase 11 of the South Pars gas...

2008-07-15 09:01:21

Iran, Russia sign energy cooperation agreement TEHRAN, July 14 (Xinhua) -- The National Iranian Oil Company ( NIOC) and Russian gas monopoly Gazprom signed an agreement to cooperate on development of Iran's oil and gas fields, the official IRNA news agency reported on Monday. NIOC Managing Director Seifollah Jashnsaz and head of Board of Directors of Gazprom Alexei Miller signed the agreement on Sunday during an official ceremony attended by Iranian Oil Minister Gholam- Hossein Nozari,...

2008-07-14 09:01:02

Iran discovers new billion barrel oil field in southwest: oil minister TEHRAN, July 13 (Xinhua) -- Iranian Oil Minister Gholam Hossein Nozari said on Sunday that Iran has discovered a new oil field in the southwest province of Khuzestan with in-place reserves of 1.1 billion barrels. The field, which is located near Andimeshk in Khuzestan, holds an estimated reserve of 233 million barrels of recoverable crude oil, state television quoted Nozari as saying. The oil discovered in the new...

2008-07-14 06:00:34

Text of report in English by Iranian official government news agency IRNA website Tehran, 14 July: National Iranian Oil Company and the Russian Gazprom on Sunday [13 July] signed an agreement on development of Iran's oil and gas fields. Based on the accord, working groups would be formed and a joint company would be set up between the two countries for cooperation in the oil and gas fields. The agreement was signed during an official ceremony attended by Oil Minister Gholam-Hoseyn...


Word of the Day
virgule
  • A punctuation mark (/) used to separate related items of information.
  • A little rod; a twig.
This word comes from the Late Latin 'virgula,' accentual mark, a diminutive of 'virga,' rod.
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