In November 2016. OPEC agreed to cut oil production by 1.2 million barrels per day to 32.5 million bpd.
Read More »Iran-Russia Cooperation on Nuclear Technology
Construction process of two new nuclear power plants by Russia in Bushehr was the main focus of this meeting.
Read More »EU Diplomat: Trump Cannot Renegotiate Iran Nuclear Deal
Nuclear deal is a multilateral agreement. that cannot be renegotiated bilaterally.
Read More »Russia Gets Multibillion-Dollar Iran Projects
The two power contracts between Iran and Russia are worth several billion dollars.
Read More »Russia Builds Power Plants in Iran
Iran has so far sealed cooperation agreements with Russia’s Inter RAO – Export for running a rehabilitation project in Ramin Power Plant.
Read More »JCPOA Saved Iran from Heaviest Sanctions
Oil sanction inflicted about 170 billion dollars of damage on Iran.
Read More »Iran Capable of Returning to Pre-Deal Nuclear Status
The amount of heavy water sold to Russia will meet a part of the country’s need for 2017.
Read More »Iran Eyes $55b in Petchem Investment
Iran exported petrochemical products valued at about $7.3 billion in the eight months to November 20. 2016.
Read More »NIOC Release 2nd List of Qualified Investors
NIOC must have approved of all firms with which a cooperation agreement has been inked.
Read More »Iran to Negotiate Oil Swap with Kazakhstan. Russia
In 2010. Iran stopped oil swaps with Kazakhstan. Turkmenistan and Azerbaijan.
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