The National Iranian Drilling Company (NIDC) announced it had signed a memorandum of understanding (MoU) with the subsidiaries of the Italian Company ENI to launch drilling of 40 wells in the South Azadegan oilfield, ...
Iran’s ambition to have sanctions removed in January is “not impossible”, Reuters quoted International Atomic Energy Agency’s (IAEA) Director-General, Yukiya Amano as saying. He explained that Iran w...
The Vienna-based International Atomic Energy Agency (IAEA) announced that it had ended its 12-year-long investigation into concerns that Iran might be developing nuclear weapons, as no evidence was found since 2009, r...
Iranian companies and a French firm have reached an agreement to build the first floating LNG production unit at the offshore Forouzan oilfield, first in the region, with a capacity of 1mt/year, Press TV cited Iran’s ...
Iran and Sierra Leone are negotiating a construction of oil refineries in the West African country, starting with an oil storage depots, according to TradeArabia. The National Iranian Oil Engineering Company (NIOEC) h...
Tehran is holding negotiations with New Delhi to build a $4.5b undersea gas pipeline from Iran to the Indian west coast, following upon India’s previous rejection of an on-land pipeline passing through the Pakis...
Iran is finalizing negotiations with Europe to construct refinery units in several European countries that will process Iranian crude oil, and subsequently sell the refined products on local markets, Fars News Agency ...
Iran will hold Iran Petrochemical Forum (IPF) on December 13th for some 300 Iranian and 100 foreign petrochemical enterprises seeking a boost to foreign investments in the sector, PressTV reported. Tehran had announce...
Iran is taking steps to ramp up oil exports by 500,000bd ahead of the end of international sanctions, and to extend its crude contracts with Chinese buyers in 2016, sources involved in the bilateral talks told Reuters...
At the OPEC Summit, both Iran and Saudi Arabia said they would keep on pumping despite oil prices hovering near a six-year low as OPEC was not expected to curb the global supply glut, according to Bloomberg. Iran plan...