Iran Delayed Contracting Chosen Bidders Until Reviewing IPC

• Tuesday, 11th April 2017
• by

The Iranian Petroleum Contract (IPC), which was created to attract foreign investments in the aim of reviving the country’s energy industry, has been delayed since Iran’s Security Council is still reviewing it, Oil Pr...

Iran in Talks with S Africa to Export 100,000b/d, Purchase Refinery Shares

• Monday, 6th March 2017
• by

Iranian Oil Minister, Bijan Zanganeh, said that the Islamic Republic is ready to deploy 100,000 b/d of crude oil to South Africa as well as to purchase refinery shares there, on the sidelines of a meeting with South A...

Iran Earned $80m in Oil Exports

• Thursday, 3rd November 2016
• by Egypt Oil & Gas

Iran’s Oil Minister,Bijan Zanganeh, has announced that the country’s crude oil exports have reached 2.44mb/d which marks a new record. Accordingly Iran is receiving above $80m in direct payments every day as a result ...

Iran Signed First IPC Deal Worth $2.5b

• Tuesday, 4th October 2016
• by Egypt Oil & Gas

The National Iranian Oil Company (NIOC) signed a $2.5b contract with Persia Oil & Gas Industry Development Company (POGIDC), a domestic firm in Iran, to develop the second phase of Yaran field and improve oil reco...

Algeria, Iran Talked Oil Market Balance

• Sunday, 4th September 2016
• by Egypt Oil & Gas

The Algerian Energy Minister, Nouredine Bouterfa, met with with his Iranian counterpart, Bijan Zanganeh, in Tehran. The two ministers discussed the possibility of developing mutual relations in various fields in the e...

Iran, Total to Finalize Petchem Deal in April

• Monday, 11th April 2016
• by Egypt Oil & Gas

Iran expects to finalize a deal with the French energy giant Total over the development of a major petrochemical project in the near future, Press TV wrote. The National Petrochemical Company (NPC) announced that a to...

Iran to Boost Crude Exports to India

• Sunday, 10th April 2016
• by Egypt Oil & Gas

Tehran is hoping to increase its crude oil exports to India from the current 350,000b/d, Iranian Oil Minister, Bijan Zanganeh, was quoted as saying after meeting his Indian counterpart, Dharmendra Pradhan, wrote the E...

Iran’s Oil Exports Surpass 2mb/d

• Tuesday, 5th April 2016
• by Egypt Oil & Gas

Iran’s oil exports have surpassed 2mb/d following the lifting of sanctions, Oil Minister Bijan Zanganeh said, as Press TV reported, citing figures released by Bloomberg. According to the released data, Iran’s ov...

Iran Not to Join Oil Output Freeze Plan at Doha Summit

• Sunday, 3rd April 2016
• by Egypt Oil & Gas

Iran will attend talks with fellow members of the Organization of Petroleum Exporting Countries (OPEC) and Russia in Qatar on April 17th, yet without joining their proposal to freeze crude oil production, Bloomberg re...