TEHRAN Oct. 21 (Shana) Irans oil industry enjoys the advantages of favorable finished price and being located in the regions most secured country which have made it the best existing choice for investment of the international companies, said on official in the National Iranian Oil Company (NIOC). The stability and tranquility in Iran are effective ...

TEHRAN Oct. 20 (Shana) Iran supports foreign direct investments to develop its petrochemical industry, said director of plan in the National Petrochemical Company (NPC). Thanks to availability of the feed, foreign companies can invest in Irans petrochemical industry, Marzieh Shahdaei said at the Iranian Petroleum and Energy Club 2015 Congress and ...

TEHRAN Oct. 20 (Shana) Managing Director of the National Iranian Gas Company (NIGC) said Iran has the potential to increase its daily gas exports from existing 80 million cubic meters daily to 300 mcm. By launching the Save and Export project, some 50 to 60 mcm will be economized, Hamid-Reza Araqi told reporters on the sidelines of the Iranian Petroleum ...

TEHRAN Oct. 19 (Shana) President of the World Petroleum Council Jozsef Toth said leading oil companies need to make their businesses more robust and focus on developing sustainable cost transparency and optimization capability. It is not a fight between suppliers and contactors, but a common challenge that has to be solved together, he told participants ...

TEHRAN Oct. 19 (Shana) Only one day after formal end to sanctions, the Iranian Petroleum and Energy Club 2015 Congress and Exhibition (IPEC 2015) opened here on Monday to discuss the theme Post-Sanctions Iran: An Open Door to Oil and Gas Investment Opportunities. The Petroleum and Energy Club which is hosting the three-day event aims to promote efficiency ...