Press TV - Iran is set to announce that an operating unit of the China National Petroleum Corporation (CNPC) will be the major stakeholder in the development of its supergiant new oilfield find Namavaran, OilPrice.com has cited a senior source close to Irans Petroleum Ministry as saying.
Namavaran is the second largest oilfield discovered in Iran ...
Al-Monitor - Iran's Oil Minister Bijan Zangeneh has confirmed that US sanctions triggered the withdrawal last week of China's state oil company, China National Petroleum Corporation (CNPC), from a major development project in Iran's energy-rich south. "Conditions brought about by the sanctions created a situation in which they were no longer able and ...
SHANA -- Iranian Minister of Petroleum Bijan Zangeneh left Tehran on Monday to weigh up Iran-China cooperation in oil and gas industry.
Zangeneh is accompanying Parliament Speaker Ali Larijani in the visit.
Earlier this week, he had said he would hammer out the South Pars Phase 11 deal with Chinas CNPC International.
The official said he would ...
IRNA Irans Minister of Petroleum Bijan Zangeneh said on Saturday that during his upcoming visit to China, he will discuss the hesitation of China National Petroleum Corporation (CNPC) in developing Phase 11 of South Pars Gas Field in southern Iran.
Zangeneh and Parliament Speaker Ali Larijani are scheduled to visit China later this week.
While ...
SHANA -- The CEO of Pars Oil and Gas Company (POGC) said Chinas CNPC International had not announced its exit from a contract with NIOC to develop phase 11 of South Pars gas field.
Addressing a press conference on Saturday, Mohammad Meshkinfam said the Chinese company had not so far officially announced it would pull out of the project.
Last ...
Daily look at Irans late-breaking news and upcoming events:
With a storm sweeping the world, now hitting France, Iran remains safe thanks to Islam
In the face of a storm that is sweeping the world, afflicting this region one that has now reached to France Iran is on board a safe ship and continues to powerfully sail on this path, thanks to ...
Reuters - China National Petroleum Corp (CNPC) has suspended investment in Irans South Pars natural gas project in response to U.S. pressure and to minimize tensions amid trade talks between Beijing and Washington, three Chinese state oil executives said.
South Pars is the worlds largest gas field and CNPCs investment freeze is a blow to Tehrans ...
MNA - An informed source at the Iran-China Chamber of Commerce said Sat. that Tehran and Beijing have resumed banking ties after an Iranian bank started to broker money transfer between the two countries.
Last week, Asadulla Asgar Ovladi, chairman of the Iran-China Chamber of Commerce, said China's Bank of Kunlun would resume financial transactions ...
Reuters - Chinas Iranian oil imports are set to rebound in December after two state-owned refiners in the worlds largest oil importer began using the nations waiver from U.S. sanctions on Iran, according to industry sources and data on Refinitiv Eikon.
Sinopec (600028.SS) resumed Iran oil imports shortly after Tehrans biggest crude buyer received ...
Tasnim Iranian Oil Minister Bijan Namdar Zanganeh said the China National Petroleum Company (CNPC) has officially replaced French company Total which has backed out of a deal on development of Iran's South Pars gas field.
The CNPC has formally replaced Total in the project on development of South Pars gas fields phase 11, Zanganeh announced on Sunday,...
Reuters - China National Petroleum Corp (CNPC) is continuing to take oil from Iranian oilfields where it has ownership stakes, even after the United States re-imposed sanctions on the countrys oil sector, a company executive said on Friday.
The state-owned oil giant entered Iran in 2004 when it acquired the MIS oilfield, in which it now holds a ...
Reuters - Chinas state-owned energy major CNPC is ready to take over Totals stake in the giant Iranian South Pars gas project if the French company leaves amid newly announced U.S. sanctions, industry sources said.
The United States this week said it would impose new sanctions against major oil and gas producer Iran after abandoning an agreement ...
IRNA|Mojtaba Mohammadlou: French company Total and Chinas CNPC signed a major deal with Iran's Petropars for the development of South Pars Phase 11 on Tuesday in Tehran.
Shana National Iranian Oil Company (NIOC) signed a $4.8 billion HOA deal with French Total, China National Petroleum Corp. and Iranian Petropars company on Wednesday for development of the phase 11 of South Pars joint gas field.
Minister of Petroleum Bijan Zanganeh was present in the signing ceremony.
Once the project is implemented, 56 million ...
National Iranian Oil Company (NIOC) has signed a five-billion-dollar buy-back deal with Petropars Ltd. (PPL) for the development of Phase 11 of the massive offshore South Pars gas field.
The Iranian company PPL is replacing China National Petroleum Corporation (CNPC) whose contract was terminated due to its foot-dragging on the development project....
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