Social and Events

American officials have provided little assurance that Aramco wouldn’t be a target of litigation. according to the people with knowledge of the situation.

Total holds a 50.1 interest in the South Pars project with state-owned China National Petroleum Corporation owning 30 percent and Petropars 19.9 percent.

The agreement was signed at a ceremony in Tehran attended by Zangeneh. Total’s CEO Patrick Pouyanne and senior officials from China’s CNPC and Iran’s Petropars.

The EU is concerned that US sanctions will hurt investments in an oil pipeline connecting Russia to Germany.

Fuel prices in Iran are among the cheapest in the world even after the government cancelled offering oil products at subsidized prices in May 2015.

Both Total and Shell have signed a memorandum of understanding (MoU) with Iran on Petrochemical sphere in 2016.

The new center is set to cover 5.000 square meters and will include a multi-purpose hall to hold conferences. seminars and workshops.

Russia intends to localize the production of blade rows for gas turbines amid the row over the alleged delivery of Siemens-made turbines to Crimea in violation of Western sanctions.

The Kurdistan Regional Government is holding a referendum on September 25 on independence for the region.

NISOC has held negotiations and signed agreements with various foreign companies on studying Iran'.s hydrocarbon reservoirs.