Tag Archives | shale oil and gas

Iran Discovers New Shale Oil Deposit

An Iranian official announced the discovery of new shale oil reserves in the country’s western province of Lorestan. Oil exploration studies in Qalikooh region in the province of Lorestan led to the discovery of a new shale oil field with 2 billion barrels of in-situ oil reserves, Bahman Soleimani, an official at the Exploration Directorate […]

Lithuania may Invest in Iranian LNG Projects

Iranian Deputy Oil Minister for International Affairs Amir Hossein Zamaninia has said Lithuania has expressed willingness to invest in Iran’s Liquefied Natural Gas (LNG) projects . Lithuania is eager to participate in Iran’s LNG projects as well as its oil sector, Zamaninia said after a meeting with the Eastern European country’s Deputy Energy Minister Aleksandras […]