Exports amounted to 7.1 million tons in four months. up nearly 5% from 6.84 million tons in the same period of last year.
Read More »Iran Trilateral Energy Deal to Boost Foreign Participation. Market Access
According to SHANA. the new oil deals based on Iran Petroleum Contract (IPC) is expected to replace buy-back contracts.
Read More »Chinese Company Will Build Iran Railway in Return for Oil
Under a national plan. Iran seeks to stretch out the nationwide railroad line to 25.000 kilometers by 2025 from under 15.000 kilometers now.
Read More »Brazil`s Petrobras. China Development Bank Sign Cooperation Deal
Petrobras is the world’s most indebted oil producer and has been forced to sell assets and slash spending.
Read More »Construction of Qeshm Solar Power Venture Initiated
Foreign investors have submitted investment proposals worth a total of $3.6 billion to develop renewable projects in Iran.
Read More »Petronas. Aramco Keen on $1.8 Billion Daewoo E&C Controlling Stake
In July. Petronas scrapped a proposed C$36 billion ($29 billion) liquefied natural gas project in western Canada due to weak prices. in a blow to its global ambition.
Read More »Pressure for Nigeria to Join OPEC Cuts to Rise as Oil Output Reaches Full Capacity
Nigeria'.s oil production. including crude oil and condensates. is currently at around 2.2 million to 2.3 million b d.
Read More »Mexico Gives Pemex Two More Years to Explore 101 Oil Blocks
Under Mexico’s energy reform of 2013. the government opened oil and gas exploration blocks to international investments for the first time in more than 70 years.
Read More »South Pars Gas Output Rise 1 tcm Since 2002
Iran is developing the mega gas project in 24 phases. of which 19 have already gone on stream.
Read More »Iran`s New Oil. Gas Contracts with Foreign States Prove Failure of US Policy
In July. the US Senate approved a bill on new non-nuclear sanctions against Iranian individuals and entities over the country'.s missile program and alleged human rights violations.
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