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Iran says imports of cars from US ‘authorized’
Nov 24, 2016 11:17Iran says imports of cars from the United States are authorized as long as they are produced by non-American brands.
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Oil prices may surpass $50 if all producers agree: Petroleum minister
Nov 19, 2016 11:31Minister of Petroleum Bijan Zangeneh has expressed optimism about an upcoming meeting of the Organization of the Petroleum Exporting Countries (OPEC) later this month, saying crude prices could surpass $50 a barrel if an agreement is reached.
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Norway’s DNO to study key Iranian oil field
Nov 17, 2016 06:53Iran has signed an agreement with Norway’s DNO to study the development of a key oil field which is believed to be jointly shared with Iraq in a yet another sign that shows Western companies are already welcoming the country’s lucrative post-sanctions investment opportunities.
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Iran eyeing NITC listing in key renovation plan
Nov 15, 2016 13:01Iran says it plans to sell a certain volume of the shares of its key oil shipping company which is considered to have the world’s largest fleet of supertankers.
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Total, Shell join Iran-Oman pipeline talks
Nov 14, 2016 13:59Iran says it has hosted a fresh round of talks with Oman for the construction of a subsea pipeline to export natural gas to the Persian Gulf Sultanate, emphasizing that two global energy giants have also been present in the discussions – Total and Shell.
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President inaugurates three oil fields in Khouzestan
Nov 13, 2016 10:34Iran has launched first phase production at three fields in its oil-rich Khouzestan province, bringing its total crude output closer to pre-sanction levels.
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Austria to open banks in Iran to help trade
Nov 11, 2016 12:32Austria says it plans to establish several banks in Iran in what could make it the first European country to take the initiative to facilitate post-sanctions trade activities with the Islamic Republic.
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Iran says India wants to join Europe rail link
Nov 10, 2016 10:55Iran says India has voiced interest to join an ambitious project to establish a multimodal transit corridor that starts in a key southern Iranian port and passes through several Central Asian states before reaching Europe through sea.
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Iran, Romania FMs sign documents of cooperation
Nov 09, 2016 11:28Foreign Minister Mohammad Javad Zarif and his Romanian counterpart, Lazar Comanescu, have signed two documents of cooperation during a meeting in the Romanian capital of Bucharest.
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Iran talks gas price cut as Turkey wins ruling
Nov 09, 2016 11:19Iran is discussing possible discounts in its sales of natural gas to Turkey after a court of arbitration ruled in Ankara’s favor in a dispute over pricing, Minister of Petroleum Bijan Zangeneh says.