Iran | Egypt Oil & Gas - Part 91

Iran: Expanding Energy Cooperation with Strategic Partners After Sanctions

Iran’s Minister of Petroleum Bijan Namdar Zangeneh has described energy cooperation with China as “a strategic decision,” reiterating that Tehran is ready to expand ties with Chinese companies after anti-Iran sanction...

Son of Ex-President Rafsanjani, Former Oil Official Found Guilty

An Iranian court handed down a 15-year prison sentence to the son of former President Ali Akbar Hashemi Rafsanjani, after he was convicted of bribery and embezzlement, a judiciary official said on Sunday. The official...

Saudi Prince: Iran Nuke Deal Introduces Needless Global Instability

Any terms that world powers grant Iran under a nuclear deal will be sought by Saudi Arabia and other countries, risking wider proliferation of atomic technology, a senior Saudi prince warned on Monday in a BBC intervi...

Iran: Steadfast Over Nuclear Power, Sorting Details Out with US

Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi stressed that Iran’s redlines for any final nuclear deal with the Group 5+1 (the US, Russia, China, Britain and France plus Germany) remain ...

Iran: Big Push Planned for Oil Derivative Exports

Iranian Oil Minister Bijan Namdar Zanganeh announced that his ministry is planning to considerably increase the volume of the country’s oil derivatives exports in the next Iranian year (starting March 21, 2015). “We a...

US Changes Iran Sanctions Verdict over Belarusian Oil Company

The United States has removed a Belarusian oil company with previous cooperation with Iran off its sanctions list. The state-owned Belarusian energy company, Belarusneft faced US sanctions in 2011 for its involvement ...

Iran and China Solidifying Trade, Energy Exchange

Iran and China hope to bring the level of their trade exchanges to $60 billion from the current $52 billion in a year or so, the head of Iran-China Joint Chamber of Commerce says. “We are determined to raise the volum...

South Pars Helps Boost Iran Gas Production by 20%

Iran says its natural gas production has increased by nearly 20% in the current calendar year (starting March 20, 2014) compared to the same period last year. “Following the activation of several phases of South Pars ...

Iran Searching Caspian Sea for More Oil and Gas

Iran is involved in exploratory operations in the Caspian Sea in addition to drilling at Sardar Jangal with aim to discover new oil and gas fields. Because of rich Hydrocarbon resources in Persian Gulf, Khuzestan prov...

Iran Planning Global Oil and Gas Export Offensive

Mohsen Qamsari, head of the NIOC’s international affairs, said that the Islamic Republic is set to inject more oil into the world market in an attempt to raise market share. “When sanctions are lifted, it ...

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