Indian refiners have turned to State Bank of India and Germany-based bank Europaeisch-Iranische Handelsbank AG (EIH) to speed payment of billions of Iranian oil dues they still owe to Tehran, after delays in another m...
Royal Dutch Shell became the second major oil firm after Total to restart trade with Tehran after the lifting of sanctions as it announced that it has resumed purchases of Iranian crude, Iran Daily wrote. Shell fixed ...
Iran, which is increasing its efforts to boost production and attract foreign partners, has received expression of interest from several foreign companies to cooperate to construct technical petroleum equipments. R...
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, Trade Arabia reported. T...
Iran’s Oil Minister, Bijan Zanganeh, accused the regional neighbors and OPEC friends of trying to take away its customers by offering cheaper oil. In an interview with Platts in Vienna, he added that despite Ir...
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), SHANA reported. Speaking to reporters upon...
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 lifting...
Almost six months after the previously imposed western sanctions were lifted, Iran is increasing its efforts to boost production and establish relations with European partners. Since that Iran’s strategic position of...
Algerian Industry and Mining Minister, Abdessalem Bouchouareb, announced that Algeria and Iran will launch a partnership project to assist the North African country in the field of energy efficiency, notably in the co...
Iran has signed an agreement with Kazakhstan towards building a 50MW wind power plant in the west of Kazakhstan, near the country’s Caspian Sea shores, Trade Arabia reported. The deal was sealed between IranR...