Iran | Egypt Oil & Gas - Part 81
BP Ranks Iran Over Russia in Gas, but Still Needs $100 Bn Investments
Iran says it needs $100 billion of investment in its gas industry as updated BP data put the energy superpower’s reserves above those of Russia as the world’s largest.
$3.5 Bn Joint Iran-China-Indonesia Crude Projects
Iran, China and Indonesia have reached a final agreement on building a refinery on the East Java island to process 150,000 barrels per day of heavy crude oil, an Iranian official said on Wednesday.
Iran-Oman Gas Linkup Entering Feasibility Stage
National Iranian Gas Exports Co. (NIGEC) has selected a consultant to conduct feasibility studies for a pipeline to export gas from Iran west to Oman.
Iran PetroChem Export Project Attracts Western Investors and Regional Competition
Eight western European companies are keen to invest in Iran's $2.8 billion (2 billion pound) Siraf oil refinery project
Oil Minister Dispels Claims about Gasoline Price Rise
Iran's Oil Minister Bijan Namdar Zanganeh says rumors about further hike in gasoline price in coming months are not true and fuel price will remain at its current level.
Russia May Begin Importing Crude from Iran in New Oil-for-Goods Deal
Russia may start importing crude from Iran next week as part of an oil-for-goods agreement, Iranian Energy Minister Bijan Namdar Zanganeh said.
Iran: OPEC Agrees Oil Price Still Unfair
Minister of Petroleum Bijan Zangeneh says Iran is not satisfied with current oil prices after OPEC decided to maintain production levels unchanged at its Friday meeting in Vienna.
Shell CEO Proclaims Iran a Wonderful Country with Fantastic Resources
European oil majors are for the first time openly declaring interest in Iran in anticipation of a possible end to sanctions against the country over its nuclear program.
