Iran | Egypt Oil & Gas - Part 43
Iran to Sell Crude at $50/b During 2017/2018
Iran expects to sell its crude oil at around $50/b over the next Iranian calendar year that starts on March 21, 2017.
SCI to Resume Iranian Crude Shipments
Shipping Corporation of India (SCI) will resume sailing to Iran this month after a four-year gap, transporting an oil cargo for a state-run refiner.
Iran to Launch Upstream Tender Early 2017
Iran will launch after January 2017 its first new-style tender to develop oil and gas fields since the lifting of sanctions, noting that the deadline to submit pre-qualification documents has been extended.
India Urged Iran to Finalize Farzad-B Gas field Award
India has nudged Iran to quickly award rights to develop the coveted Farzad-B gas field in the Persian Gulf to ONGC Videsh by wrapping up negotiations that have been dragging on for months.
Romania, Iran to Build Power Plant Near Iraq
Romanian and Iranian investors have recently signed a preliminary agreement on building a 1,000MW power plant near Iran’s border with Iraq.
Iran to Abide by September Oil Production Cap Deal
Iran's Oil Minister, Bijan Zanganeh, said that the country was prepared to leave its oil production at levels that the Organization of the Petroleum Exporting Countries (OPEC) had agreed at its September meeting in A ...
PGPIC Seeks $1b to Expand Petchem Projects
Iran’s Persian Gulf Petrochemical Industries Company (PGPIC) is in talks with Asian companies to raise $1.1b for an expansion scheme.
OPEC’s Pre-Vienna Meeting Yielded No Results
OPEC experts met late November, ahead of their schedule meeting in Vienna to discuss means to global market stability. Yet, they ended the meeting without agreeing on concrete details of a planned reduction in oil ou ...
