Iran discovers major shale oil reserves in western province
Iran discovers major shale oil reserves
Tehran - Xinhua
Iran has discovered major reserves of shale oil in western Lorestan province, an Iranian energy official was quoted as saying by Press TV on Sunday.
The reserves are estimated to hold as much as two billion barrels of light in-situ shale oil which is potentially producible for industrial use, Bahman Soleimani, the deputy director of the exploration department of the National Iranian Oil Company, said.
Seismic studies are also underway for shale gas reserves in the same area, which are expected to be completed by October, said Soleimani.
In 2015, Iran announced the discovery of another shale oil reserves in Lorestan, but no figure was provided as for its capacity.
According to the official figures, Iran is ranked fourth largest in the world with slightly over 150 billion barrels of proven oil reserves.
source: Xinhua
GMT 13:15 2018 Friday ,12 January
OPEC daily basket price stood at US$67.24 a barrelGMT 15:34 2018 Friday ,05 January
OPEC daily basket price stood at US$65.12 a barrelGMT 13:30 2017 Wednesday ,13 September
OPEC daily basket price for Tuesday, 12th September, 2017GMT 12:36 2017 Sunday ,05 March
Iran in talks with Japan to renew oil refineryGMT 12:06 2017 Sunday ,19 February
Iran discovers two-billion-barrel shale oil reserves
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 01:54 2016 Tuesday ,27 September
Saudi Commission for Tourism and National Heritage makes quantum leap in tourism, heritage projects
GMT 07:30 2015 Saturday ,25 July
Auroras on Mars
GMT 04:06 2016 Saturday ,11 June
China's two-time Olympic champion receives interview with XinhuaGMT 08:02 2012 Friday ,23 March
Taiwan protest over criticism of foreign wivesGMT 10:15 2011 Monday ,15 August
Belgians mix largest ever mojito, enter Guinness Book
GMT 19:18 2017 Monday ,13 November
UK snake man's venom habit holds hope for new antidote
GMT 21:06 2011 Sunday ,16 October
New BMW 3 Series saloon
GMT 00:19 2015 Monday ,24 August
Tim McGraw, daughter Gracie McGraw sing duet
GMT 12:32 2017 Saturday ,30 December
Cairo church attack kills 10
GMT 10:49 2017 Wednesday ,18 October
Echoes of George Best as Manchester United and Benfica collide
GMT 15:13 2017 Monday ,20 February
Middle East backers to buy stake in Russian HelicoptersGMT 10:00 2012 Tuesday ,15 May
Stacy Keibler reveals sexy body
GMT 07:46 2017 Sunday ,10 December
Johnny:the biggest rock star you've never heard of
GMT 06:56 2017 Monday ,04 December
Venezuela creating digital currency
GMT 08:39 2017 Wednesday ,06 September
Saudi Arabia reaches World Cup finals with dramatic win
GMT 17:47 2016 Monday ,10 October
South Africa basks in continent's first solar-powered airport
GMT 01:47 2017 Friday ,26 May
'23 million Americans to lose health insurance by 2026'
GMT 11:44 2017 Saturday ,02 September
People forced to wait longer for social securityGMT 18:32 2011 Tuesday ,20 December
Death of the Palestinian poet and writer Salim Jubran
GMT 22:09 2018 Monday ,22 January
Israel apologises to Jordan
GMT 22:59 2017 Saturday ,22 July
Why GCC demand for petrol and diesel
GMT 00:12 2017 Friday ,19 May
Sheikha Fatima chosen as 'Person of the Year'
GMT 19:02 2016 Monday ,11 July
Iran bids farewell to late director KiarostamiGMT 06:52 2011 Saturday ,27 August
China social networking site warns bloggers
GMT 21:10 2017 Tuesday ,14 February
Toshiba books $6.3 billion writedown, chairman to resign
GMT 14:52 2016 Monday ,10 October
South Africa basks in continent’s first solar-powered airport
GMT 04:48 2016 Sunday ,20 November
Zika no longer Global health emergency, says WHOGMT 11:10 2012 Sunday ,18 March
Casa de mi padre
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor