Iran | Egypt Oil & Gas - Part 56

Petropars, Interoil Italia, PSEEZ Agree to Develop Oilfield in Iran

Iran's Petropars, the Pars Special Economic Energy Zone (PSEEZ), and Italy's Stinnes Interoil Italia Srl inked a deal to develop a new oil field in southern Iran.

India Begins Settling Iran’s Oil Dues

Indian refiners have turned to Indian and German banks to speed payment of billions of Iranian oil dues they still owe to Tehran.

Shell Resumes Crude Oil Purchases From Iran

Shell resumed purchases of Iranian crude, becoming the second major oil firm to restart trade with Tehran after the sanctions were lifted.

Firms Seek to Construct Petroleum Equipments in Iran

Several foreign companies have showed interest in cooperating with Iran to construct technical petroleum equipment crucially needed for the oil industry.

Dutch Intecsea Offers Services for Iran-Oman Subsea Pipeline

The Dutch offshore engineering company Intecsea, a leader in offshore engineering, has expressed its interest in the construction of a subsea pipeline for supplying Iran’s natural gas to Oman.

Iran Accuses OPEC Members of Dumping Oil Prices

Iran's Oil Minister, Bijan Zanganeh, accused the regional neighbors and OPEC friends of trying to take away its customers by offering cheaper oil.

Iran Calls For OPEC Quota System

Iranian Minister of Petroleum, Bijan Zangeneh, said that Iran wants a quota system of production to be reinstated in the Organization of Petroleum Exporting Countries (OPEC).

Turkey’s Unit International to Build Iran Power Plants

Turkish energy company Unit International has reached a $4.2b deal with the Iranian Energy Ministry to build seven natural gas power plants in Iran, in what it said was the biggest investment in Iran since the liftin ...

Iran Calls for Cooperation with Ukraine to Boost Exports

Iranian President called for cooperation between Iran and Ukraine in fields of energy and transit.

Iran, Algeria to Establish Energy Cooperation

Algeria and Iran will launch a partnership project in the field of energy efficiency, notably in the conversion of vehicles to run on compressed natural gas (CNG).

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