Tag Archives: International Companies

Iran is paying only 15% of the prices. while the rest will be covered by global financing firms.

The purchases will be carried out via Promsirieimport. a trading unit of Russia'.s Energy Ministry.

Iran is pressing ahead with plans to reform its petrochemical industry.

Condensate output is slated to reach 1 million barrels a day upon the launch of all phases of South Pars.

Iran exported 24 million barrels of gas condensates to the European and Asian countries in January.

The oil market remains focused on the global rebalancing act.

Total plans to sign a contract if Iran respects an international nuclear treaty and if the US sticks to it.

BASF said it was in talks with Iran over a possible investment of its oil and gas division in the country.

Karan holds an estimated 9.6 billion barrels of in-place oil.

The Minister intimated to OPEC to “be extremely careful about future market changes.