Iran | Egypt Oil & Gas - Part 54

Iran, Russia Sign Agreement for Energy Cooperation

National Iranian Oil Company (NIOC) and state-owned Russian oil refinery have inked a non-disclosure agreement whereby the Russian side will conduct studies on two Iranian oil fields.

Iran: Tehran, Paris Agree to Cooperate on Nuclear Fusion Project

Iran and France have reached a general agreement for Tehran to join an international nuclear fusion project, an Iranian official said. The deal, which is yet to be confirmed by France, comes a year after Iran and six ...

Iran’s Resistance Economy HQ Approves New Oil, Gas Contracts

Resistance Economy Headquarters, a top government economic advisory body, approved Iran's new oil and gas contracts after some amendments had been done.

Spain to Import 1m Barrels of Iranian Crude

Spain’s largest oil company, Repsol, has signed a contract with the Iranian oil ministry to purchase and import 1m barrels of Iranian crude oil in July 2016, according to a report from the ministry.

Iran Exports 2m Barrels of Crude to Poland

The director for international affairs at National Iranian Oil Company (NIOC), Mohsen Ghamsari, has declared that Poland’s Grupa Lotos has bought 2m barrels of Iran’s crude oil in a one-off purchase.

India Resumes Iran’s Crude Oil Imports

Shipping Corporation of India (SCI), announced that it will resume sailing to Iran this month after a four-year gap, transporting an oil cargo for a state-run refiner.

OPEC Output at Record High in June

The Organization of the Petroleum Exporting Countries' (OPEC) oil output has risen in June to its highest in recent history as Iran and the Gulf member states boosted their oil supply.

Iran Triples Gas Exports to Armenia

National Iranian Gas Exports Company's Managing Director has said that an agreement was reached with Armenia to bring about a threefold increase in Iran’s gas exports to the country.

Iran Expected to Approve New Oil Contracts

Iranian Oil Minister, Bijan Namdar Zanganeh, said that the government is expected to approve a new model oil contract designed to attract investors.

Iran’s Condensate Exports to Fall in July

Iranian crude exports will reach its lowest level in July, a five-month low, as purchases of the ultra-light oil by Asian refiners, especially South Korea, decreased.

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