Russia is currently discussing signing a memorandum with India on the Iran-Pakistan-India (IPI) gas pipeline project.
Read More »Crisis Talks in Bid to End Greenpeace-BP Rig Standoff
Oil and gas chiefs are today to hold crisis talks in an effort to bring to an end a dangerous stand-off between climate activists and oil giant BP.
Read More »Europe Required to Buy Iran’s Crude
Europe is duty-bound to purchase Iranian crude to keep the nuclear deal alive. reminding that the European'.s offered INSTEX mechanism requires financing that should happen through crude revenues.
Read More »OPEC Proposes Mid-July Meeting to Settle Dispute Over Dates
OPEC proposed mid-July meetings with its allies in Vienna to discuss extending production cuts. after talks between Russia and Iran made some progress toward resolving a standoff over the date.
Read More »Iran’s Energy Minister Praises Tehran-Moscow Deal
Iranian Energy Minister Reza Ardakanian said that Tehran and Moocow reached very good and effective agreements during intensive talks between the two countries'. ministers and traders in the past 3 days.
Read More »New MoU to Facilitate Iran-Russia Shared Use of Oil. Gas Equipment
A senior Iranian petroleum ministry official announced on Tuesday that based on a new Memorandum of Understanding (MoU) between Tehran and Moscow. the two countries can use each others'. oil and gas industry equipment.
Read More »Crude Oil Futures Steady as more Clarity Emerges on OPEC Meet
The OPEC meeting comes at a time of heightened geopolitical tensions in the Middle East.
Read More »Iran will not Give Europe more Time to Save Nuclear Deal
Iran’s two-month deadline to remaining signatories of the JCPOA (nuclear deal) cannot be extended.
Read More »Iran Unveils 7 New Knowledge-Based Products
Iran has taken long strides in producing different types of drugs and medical equipment.
Read More »Europe not Cooperating in Buying Iranian Oil
The Europeans are not cooperating to buy oil.
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