International oil companies’ pending debts to Iran stand around $18 billion, with British, Korean, Indian and Greek processors owing much of the sum, an official says.
Russia paved the way on Monday for missile system deliveries to Iran and started an oil-for-goods swap, signaling that Moscow may have a head-start in the race to benefit from an eventual lifting of sanctions on Tehran.
French energy giant says it cannot ignore Iran’s natural gas potentials and will consider a comeback to the country as soon as the sanctions against it are lifted.
An Iranian delegation is in Beijing this week to push for more oil sales and discuss Chinese oil and gas investments in Iran, just days after Tehran and world powers reached a framework nuclear deal,
Managing director of Iran’s National Petrochemical Company (NPC) says the country is prepared to pave the way to attract foreign investments in its oil and petrochemical sectors after a final nuclear deal is clinched ...
Iran says it is expecting American shipping lines to visit its ports once the economic sanctions against it are lifted in light of the emerging comprehensive final agreement over the Iranian nuclear energy program.
Iran says the UN Security Council (UNSC) is to terminate all anti-Iran resolutions upon the conclusion of a final nuclear agreement between the Islamic Republic and the P5+1 group.