Iran has modified its petroleum contract model. ending a decades old buy-back system that barred foreign firms from booking reserves or taking equity stakes.
Read More »Armenia Seeking Gas Supply from Turkmenistan via Iran
Armenia will transfer money or give goods depending on the contract to Turkmenistan.
Read More »Iran`s Petrochemical Exports Rise 13%
The lion'.s share of petrochemical exports is bound for India. China and South Korea.
Read More »Iran. Serbia Seeking to Boost Tourism. Energy Cooperation
A surge in Iran-Serbia trade and economic and technical collaboration will benefit both nations.
Read More »Kurdistan Accuses Iraq of Dishonesty after Kirkuk Attack
OPEC’s de facto leader. Saudi Arabia. needed to hit the $60 benchmark in order to feel safe in authorizing its state-run firm. Saudi Aramco’s. initial public offering.
Read More »Russia will Help Iran Boost Oil Output by 1.1mb d
Iran and Russia signed several agreements to promote cooperation over energy issues during President Putin’s visit.
Read More »Iran`s NDC. French Firm Sign Drilling Agreement
North Drilling Company specializes in drilling oil and gas wells in the Persian Gulf. Caspian Sea. Turkmenistan and the Iranian provinces of Khuzestan. Ilam and Bushehr.
Read More »Total to Comply with any US Sanctions on Iran
Total is awaiting a US Congress decision on whether the Iran nuclear agreement is in line with the American interests. Pouyanne said last month.
Read More »Iran to Upgrade Iraq`s Electricity Facilities
Iraq has to pay 850 million dollars to Iran for exports of electricity.
Read More »Rosneft. National Iranian Oil Company Sign Strategic Oil and Gas Agreement
The parties have agreed upon the main principles of Rosneft’s participation in projects in the Islamic Republic of Iran and approved the path forward plan.
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