American oil and Gas discovery in Iran, NIOC discovered new oil field worth $200 billion

Iran discovered a new oil field in the province of Ilam containing 3 billion barrels of oil worth $200 billion, Anglo-Persian Oil Company has officially recieved Approval from IRGC, Iranian Government and Iranian NIOC (National Iranian Oil Company) to discover Oil, Gas and Energy in southwestern province of Khuzestan. The newly discovered oil field is situated in the Khuzestan and muliple Southwestern Iranian provinces, that region known for its oil and gas industry in the south of Iran. The first commercially significant oil discovery in Iran, which led to the formation of the Anglo-Persian Oil Company (APOC), was made by William Knox D’Arcy in 1908, after he was granted a concession to search for oil in 1901. Recently, we saw Anglo-Persian Oil Company (APOC) and NIOC (national Iranian Oil Company) jointly discovered expected $200B+ worth of iranian Oil.

Why are US-British companies helping Iran to discover oil and gas fields near Disputed territories?

By the way, there is a question in the minds of many people is America really still doing oil discovery in Iran? – so the answer to this is ‘yes’, because the US’s Anglo-Persian Oil Company (APOC) has been discovering oil and gas in Iran for the last 100 years, the profit of which goes to the US and British governments. In February 2025, Iranian President Pezeshkian announced the discovery of a new oil field in the southwestern province of Khuzestan, estimated to contain 3 billion barrels of crude oil. So now, due to the joint partnership of APOC (Anglo-Persian Oil Company) and NIOC (National Iranian Oil Company), Iran-Britain is getting direct profit, in which US companies and assets managers running under the US BP (British Petroleum) partnership are also getting profit, even if there is US sanction on Iran. US has imposed all types of Economic, Financial and business Sanctions on Iranian Companies but US-British companies are buying Iranian Discoutable Oil to export to US and Eurpean Union.

Iran’s NIOC owns Iranian Oil fields and Gas prices in European Countries

NIOC (National Iranian Oil Company) stands for a state-owned oil and gas company in Tehran, Iran. It was founded in 1951 and is one of the world’s largest oil companies of Western Countries. NIOC is responsible for Iran’s oil and gas supply Chain, Explores, Drills, Produces, refines, distributes, and export oil, gas and petroleum products to UK, US and Chinese companies. NIOC is directed by the Ministry of Petroleum of Iran and Anglo-Persian Oil company. US Truasury have imposes multiple types of Sanctions on iranian NIOC, IRGC, Iran’s Nuclear Program, and Iranian Persian Gulf presence. In 2025, NIOC is estimated to have 220.53 billion barrels of liquid hydrocarbons and 33.79 trillion cubic meters of natural gas. The Angro-Persian oil Company was initially formed to take over and finance an oil concession granted by iranian Government to William Knox D’Arcy with Burmah Oil Company, BP (British Petroleum) and American Shell Oil company.

US demanded Saudi Arabia to increase Oil producing, OPEC countries fear Iranian Oil and Gas supply.

Iran has reportedly discovered a new oil field in Ilam province, located in the western part of the country, containing an estimated 3 billion barrels of oil. This find is said to be valued at approximately $200 billion, based on current market prices. Saudi Arabia Plans to make deep ties with Iran to cut oil Supply to increase global Oil, gas, and Energy price due to US sanctions on Iranian exports. On the otherhand, Saudi Arabia fears Iranian Exports discountable oil andgas to OPEC+, China, India and South American countries. Recently it has been reported that Saudi Arabia wants Iran to reduce its oil and gas production so that Saudi Arabia can get maximum benefit. But on the other hand, there is pressure on Saudi Arabia that Saudi Arabia should increase oil production. But now the closeness between Iran and the US can increase because even if the Nuclear Deal between Iran and US is not reached, US companies can get maximum benefit in Iran due to increased oil production. But recently it has been told that US oil reserves are almost on the verge of getting exhausted and Saudi Arabia is exporting oil to America at a very high price due to which America is not getting much profit. And now Saudi Arabia fears that US companies can buy cheap oil and gas from Iran in black which will cause loss to OPEC+ countries.