Iran discovers a new oilfield in the southwest, with crude oil reserves of 53 billion barrels.

According to the reports from foreign media, Iranian President Rouhani said Iran’s discovery of a new oilfield in the southwest could increase its oil reserves by a third. As the reports go, Rouhani said in a television speech in Yazd, a city in central Iran, that Iranian National Oil Company staf

Iran discovers a new oilfield in the southwest, with crude oil reserves of 53 billion barrels. Read More »