-
Indian firms team up with Iranian investor for Chabahar plant
May 11, 2016 11:08Three Indian companies have joined forces with an Iranian bank for the construction of a urea plant in Iran’s southeastern port city of Chabahar.
-
Iran again rejects joining oil freeze plan
May 09, 2016 12:13Oil Minister Bijan Zangeneh says the country is still determined to increase its oil production to as high as four million barrels per day (bpd), stressing that Tehran will only negotiate over joining the oil freeze plan when that target has been achieved.
-
UK banks to meet Kerry to discuss Iran
May 09, 2016 12:01The British media reported on Monday that some of the country’s biggest banks have been invited to a meeting with US Secretary of State John Kerry to discuss the openings that the removal of sanctions against have created for them over their banking transactions with the country.
-
Iran oil exports hit 2.4 million bpd
May 07, 2016 12:05Minister of Petroleum Bijan Zangeneh says Iran’s daily production of oil and condensate has risen to 2.4 million barrels.
-
Iran says ready to join oil freeze plan
May 06, 2016 14:46Iran said on Friday that it is ready to join an oil freeze plan that has been proposed by several key peer producers to help stabilize the market.
-
No plans for Iran over new oil output rise
May 06, 2016 14:43Iran on Friday indicated that it has no immediate plans to launch a fresh rise in its oil exports from the current level of around 2.2 million barrels per day.
-
Iran set to take over Qatar in gas output from shared field
May 06, 2016 14:41Iran said on Friday that it will take over Qatar in production of natural gas from a key field that both share as it expects a significant rise in production from the field before March 2017.
-
India to clear $6.4bn debts to Iran via EU banks
May 06, 2016 13:41India said on Friday that it had reached a deal with Iran to settle a debt of $6.4 billion for the past oil purchases from the Islamic Republic.
-
Iranian, German companies ink MoUs on gas, oil
May 04, 2016 10:57Iran and Germany have signed some memorandums of understanding (MoUs) on cooperation in sectors of oil and natural gas.
-
Iran, South Korea must boost strategic ties: President Rouhani
May 02, 2016 12:18President Hassan Rouhani says Iran and South Korea must make use of their great potential to expand their strategic relations in all sectors.