Presidents of Iran and Russia have met six times in different occasions. including in the UN General Assembly meeting. so far.
Read More »Iran’s Telecom Minister: Gazprom and Tehran in Talks on Gas Project Investments
The Presidents of Russia and Iran will meet at the end of March in Moscow.
Read More »Crude Prices Edge Off 3-Month Low
US crude is on track for a drop of more than 7% this week. its biggest weekly fall for five months.
Read More »Falih: No Free Ride for US Shale Producers
There are concerns that the glut could persist because shale supply.
Read More »Kazakhstan Ups Cost of Russian Oil Transit to China
Since 2014 Russia has been paying $9.8 per transit of one ton of oil to China via Kazakhstan.
Read More »Iran. Russia. Azerbaijan Agree on 50% Cut in Transit Tariffs
IRIR is currently building a railroad from the Iranian Caspian port city of Astara to the border with Azerbaijan.
Read More »OPEC. Russia Show Unified Front on Crude Supply Cuts
Many of the questions revolved around the fact that there is so much inventory remaining.
Read More »Gas Flaring Cut by 70% in South Pars Refinery
The refinery is one of the 14 plants in Asalouyeh processing natural gas drawn from the giant South Pars field in the Persian Gulf.
Read More »Russia’s Giant Interested in Iranian Oil Fields Shangule. Cheshmeh-Khosh
The company was also ready to consider the options of its participation in other consortiums regarding the development of Iranian oil fields.
Read More »Saudis Prefer $60 Oil in 2017
OPEC officials have repeatedly said the group does not target a specific oil price.
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