Iran eyes $200b investment in oil
TEHRAN May 25(Shana)–Iran is planning to invest $200 billion in its oil sector over the coming 6 years, a deputy minister of…
Tag Archives: Iran’s oil industry projects
Iran needs foreign investment for oil fields
TEHRAN April 29(Shana)–Iran needs to attract foreign investment to develop ageing oil fields, a top official has said. “The country’s domestic resources…
Iran self-sufficient in producing cryogenic oil pumps
TEHRAN, Jan. 21 (MNA) – A member of Oil Industry Equipment Producers Association announced that Iran has achieved self-sufficiency in designing and…
Oil at $40 possible as market transforms Caracas to Iran
Oil’s decline is proving to be the worst since the collapse of the financial system in 2008 and threatening to have the…
CBI should facilitate petrodollars transfer
TEHRAN August 4 (Shana)–A senior oil official has called on the Central Bank of Iran (CBI) to find solutions for transferring in…
Iran, Indonesia oil firms plan to build refinery
TEHRAN (ISNA)- An Iranian oil firm and an Indonesian company are looking to build a refinery in the southeast Asian nation worth…
Ex-Minister calls for attention to oil sector
TEHRAN (FNA)- Iran’s former longest-serving oil minister called on President Hassan Rouhani to pay special attention to the oil sector. Gholam Reza…
Oil show named ‘ energy diplomacy and domestic capabilities’
TEHRAN (FNA)- The 19th international oil show which is going to be held in Tehran in May was titled “Energy Diplomacy and…
Iran, Shell start oil negotiations
ILNA: Iran’s oil ministry and the Royal Dutch Shell have started a new round of talks for settling the multinational company’s debts…
Senior oil official stresses Iran’s focus on joint H/C fields
TEHRAN (FNA)- The new managing-director of the Iranian Offshore Oil Company (IOOC) underscored the need for the development of the hydrocarbon fields…
Iran sends out feelers for any return to oil markets
(Reuters) – Iran is reaching out to its old oil buyers and is ready to cut prices if Western sanctions against it are eased,…
Iran’s oil industry dreaming of a new golden age
IRAN, like Mexico, has a new and more reform-minded president who wants to loosen the national oil company’s grip on his country’s…
New oil minister: Revival of Iran’s market share sets priority
TEHRAN (FNA)- Iran’s new Oil Minister Bijan Namdar Zanganeh said regaining Iran’s lost oil market share is one of his top priorities.…
Economy Min: Efforts aimed at decreasing dependence on oil revenues
Tehran, Aug 18, IRNA – Minister of economy and treasure said here Sunday that new government’s main orientation will be moving towards…
Iranian lawmaker demands release of political prisoners
Iran news headlines on Sunday include Iranian MP urging release of political prisoners; Iranian commander expressing over all-out preparedness of Iran’s air…
Iran’s daily oil income rises by $13m soon, says oil official
TEHRAN (ISNA)- Managing-Director of Iranian Central Oil Fields Company (ICOFC) Mehdi Fakour said the country’s daily oil income would be increased by 13…
Iran’s oil industry projects hit $250 billion
(MENAFN – Qatar News Agency) Iran’s Oil Minister Rostam Qassemi said that the US-led unilateral sanctions imposed on Iran has provided the…