Iran | Egypt Oil & Gas - Part 45
India Boosting Refinery Investment with Iran
An Indian Oil Corp unit plans to invest $5.5b to gradually raise the capacity of its smallest refinery co-owned by Iran to 300,000b/d. The purpose of the capacity raise is to help meet a surge in demand for refined pr...
China to Invest in Iran’s Petchem Catalysts Project
A Chinese company has expressed readiness to invest in Iran’s petrochemical catalysts project with a total investment of $400m, Deputy Head of Iran-China Joint Chamber, Majid-Reza Hariri, declared, informed Azer News....
Iran, Croatia to Expand Ties in Oil & Gas
Iran and Croatia entered talks over expansion of mutual ties in the oil and gas industry, according to Tehran’s Deputy Oil Minister for International Affairs, Amir Hossein Zamaninia, Mehr News reported. He said ...
OPEC to Decide on Output Cut
OPEC will debate an oil output cut of between 4.0-4.5% for all of its members except Libya and Nigeria by the end of November. However, the deal’s success hinges on an agreement from Iraq and Iran, which are far...
India to Develop Farzad-B Gas Field
A consortium of Indian companies, led by ONGC Videsh (OVL), is set to strike a deal with Iran by January for the development of Farzad-B gas field in the Persian Gulf, which is reported to have reserves of about 21.6...
DNO to Develop Changuleh Oil Field
The Norwegian oil and gas company, DNO, had signed a memorandum of understanding (MoU) with the National Iranian Oil Company (NIOC) to conduct a study on the development of the Changuleh oil field in western Iran, rep...
Linde Group to Proceed with Iran LNG Projects
German Linde Group has received green lights from Euler Hermes, a credit insurance company which would provide insurance coverage to enterprises operating in Iran, to proceed with liquified natural gas (LNG) projects ...
Iraq to Suggest Crude Restraint Options
Iraq’s Oil Minister, Jabar Ali Al Luaibi, declared that the country will make three new suggestions at a meeting in Vienna of oil ministers from members of the Organization of Petroleum Exporting Countries (OPEC...
