
NIOC: oil markets to remain stable
NIOC’s director of international affairs, Mohsen Ghamsari, said that Iran has regained about 80% of the market share it held before the US and European Union tightened sanctions on its oil industry in 2012. …
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NIOC’s director of international affairs, Mohsen Ghamsari, said that Iran has regained about 80% of the market share it held before the US and European Union tightened sanctions on its oil industry in 2012. …
Iran's doubling of oil exports has had no negative effect on the market, the country's oil minister Bijan Namdar Zanganeh said before flying to Vienna to attend an OPEC meeting. "Iran's oil exports have …
Iran plans to construct 5000 km-long gas-pipelines across the country over the next five years, the planning director of the National Iranian Gas Company, Hassan Montazer Torbati, said. He noted that the …
OPEC and non-OPEC producers on Sunday failed to reach a deal to freeze oil output, Reuters reports. The participants of the meeting in Doha acknowledged that the fundamentals are improving. Qatar's minister said that the dynamics of …
New Delhi and Tehran will sign a contract to develop Iran's Farzad-B gas field in October 2016. This was announced in a joint document after a meeting between the Indian Minister of Oil and Gas, Dharmendra Pradhan, and his …
India plans to invest 20 billion dollars in the development of the Iranian port of Chabahar, the Indian Minister of Oil and Gas, Dharmendra Pradhan, said after the meeting with his Iranian counterpart, Bijan …
Greece will buy from 60 to 150 thousand barrels of oil per day from Iran, the deputy head of the Iranian Ministry of Oil Amir Hossein Zamaninia said. "The Greek oil company ‘Hellenic Petroleum’ signed a contract to …
Tehran's representative to the Organization of the Petroleum Exporting Countries (OPEC), Mehdi Asali, said that he considers "illogical" the proposal to freeze Iran's oil production now, Reuters reports. …
The Anglo-Dutch oil company Royal Dutch Shell has started to repay its debt to Iran of $2.3 billion for oil that had been delivered in 2011 and 2012, the official representative of the Ministry of Petroleum of Iran, Asqar …
For the first time in history the Iranian Oil Minister Bijan Namdar Zanganeh appointed Marzieh Shahdaei as the head of Iran's National Petrochemical Company (NPC) and deputy oil minister, Iranian news agency …
Iran needs $200 billion of investment for development of the country's oil industry, but it is important to attract foreign investors as well, the Iranian oil minister, Bijan Namdar Zanganeh, said today. "We need …
The Iranian leadership has issued an order to increase crude oil production by 500,000 barrels per day, Iranian Deputy Oil Minister Rokneddin Javadi said. "Iran is able to increase its oil production by …
The Iranian oil minister, Bijan Namdar Zanganeh, said that the price of oil is pegged at 40 dollars per barrel in the budget bill for the next year. He noted that it is not necessary to predict the worst scenario of …
Iran’s oil industry requires 150 billion dollars of investment during the Sixth Development Plan (2016-2022), the Director General of Strategic Planning in the Ministry of Petroleum, Saied Qavampur, said today. …
The Iranian Oil Minister, Bijan Namdar Zanganeh, said today that his government plans to come to an agreement to develop oil and gas fields along with the Russian company Lukoil on the territory of the Islamic Republic. According …