EghtesadOnline: Iran will miss out on substantial revenues from oil and gas fields unless it raises the rate of recovery from its underground hydrocarbon reservoirs with the help of advanced technical know-how, the former head of a committee responsible for designing the new Iran Petroleum Contract said.

EghtesadOnline: The pace of drilling operations in Iran is half of that of international firms with access to cutting-edge technology, the National Iranian Oil Company said on Saturday.