Iran | Egypt Oil & Gas - Part 61

Tehran Open to Talks with OPEC about Global Oil Market

Iran’s Oil Minister, Bijan Zangeneh, said that Tehran was ready to hold talks with Riyadh to discuss the current conditions in international oil markets. “We support any form of dialogue and cooperation with OPEC mem ...

Iran to Boost Oil Production Capacity from North Azadegan, Yadavaran Oilfields

Iran is to boost its crude oil production capacity by 160,000b/d following the completion of expansion projects at its North Azadegan and Yadavaran oilfields in south-western Iran.

Iran’s Long Awaited London Conference Postponed

Iran has cancelled a long-awaited oil conference in London meant to invite further bids from foreign companies under Iran Petroleum Contract (IPC).

Iran Signs $1m Solar Power Contract with British Firm

Bakhtar Regional Electricity Company, a subsidiary of Iran Power Generation and Transmission Company (TAVANIR), has signed a $1m contract with Britain’s Surrey Satellite Technology (SST) company to build a 50 MW capa ...

Israel On Verge of New Offshore Gas Finds

Israel is on the verge of new major gas finds in its territorial waters as an Israeli exploration group led by Isramco Negev and Modiin Energy cited a "best estimate" resource report for two offshore fields, Daniel E ...

Iran Starts Nuclear Power Cooperation with Russia and China

Iran is launching nuclear power cooperation with Russia and China following the end of sanctions. Tehran will launch work on the second and third power units at the Bushehr nuclear power plant, in cooperation with Ru ...

Iran Signs Multiple Oil and Gas Contracts with Europe

Iran has signed multiple contracts with European countries, Russia, Spain, and Italy, for exploration of Iranian oilfields and development of oil and gas projects.

Iran Marks First Crude Sale to Europe, Signs Deal with Greece

National Iranian Oil Company (NIOC) and Greek's largest refinery, Hellenic Petroleum (ELPE) have reached a long-term agreement to immediately start the shipment of Iranian oil to Greece, marking the first sale of Isl ...

Iran Rejects Venezuela’s Call for OPEC Emergency Meeting

In the wake of Venezuela's call for an emergency OPEC meeting, Iran’s Oil Minister, Bijan Zanganeh, said that such a meeting would hurt the crude oil market, unless it reached a decision to shore up falling prices.

Oman to Use Iranian Gas to Become Regional Hub

Oman expects a speedier completion of a planned pipeline to import natural gas from Iran now that sanctions against Tehran have been lifted.

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