Revenues from oil sales are national wealth and belong to future generations.
Read More »NIDC Expanding Oil. Gas Drilling
NIDC has 75 drilling rigs. 68 of which are being used in the joint oilfields. namely South Azadegan.
Read More »New Measures to Help Reduce Energy Consumption
IFCO and TCEO should draw on one their mutual experience to find better ways to deal with energy waste in buildings.
Read More »Hyundai Engineering in $3.2 Billion Iran Deal
The complex is expected to become operational in four years.
Read More »France’s Alstom Eager to Build Monorail in Tehran
A total of 20.000 foreign firms are active in France with only 20 of them being Iranian.
Read More »Gazprom Neft Finalize Plan for Iranian Oil. Gas Projects
The NIOC has published a list of foreign companies declared as eligible for bidding in tenders.
Read More »Siemens to Build Plant in Iran for Manufacturing Power Equipment
Siemens has made notable headways in cooperation with Iran after international economic sanctions were eased last year.
Read More »Russia’s Lukoil Targets Middle East Oil Expansion
Lukoil is actively looking for growth opportunities in the Middle East.
Read More »BASF: Iran Investment in Limbo Amid Uncertainty over Sanctions
BASF said it was in talks with Iran over a possible investment of its oil and gas division in the country.
Read More »Iran Hits Oil Products Export Record
The volume is expected to reached 600.000 b d in the next fiscal year.
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