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China to raise gas imports by 500%
Aug 04, 2016 16:02China says it plans to increase imports of natural gas by 500 percent before 2030 as part of an ambitious plan to switch from coal to eco-friendly energy.
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Iran approves new format of oil contracts
Aug 03, 2016 12:24Iran’s cabinet has sealed a new format of the country’s oil sector contracts which is hoped to bring in a considerable volume of foreign investment in the Iranian oil and gas projects.
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Iran spurs Japan on $10 billion investment plan
Jul 30, 2016 09:25A senior Iranian official has called on Japan to move faster on rolling out a credit package worth $10 billion for investment in Iran.
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Iran crude oil exports reach new highs: Report
Jul 29, 2016 10:51The latest market figures show that Iran’s exports of crude oil have already reached the highest levels in more than four years.
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Iran to name firms eligible for oil awards
Jul 18, 2016 11:41Iran says it is putting the final touches on a preliminary list of foreign companies that it says are eligible to participate in its upcoming tenders to develop its oil and gas fields.
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Iranian body approves new oil deals
Jul 12, 2016 12:51An Iranian advisory body has approved the text of the new format of its oil sector contracts after they were put through certain amendments that had earlier been raised by the critics in the country.
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Iran says it has regained 80% of its lost oil market share
Jul 12, 2016 00:59Iran says it has already regained about 80 percent of the market share it held before the US and European Union tightened sanctions on its oil industry in 2012.
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Iran plant blaze not act of sabotage: Minister of petroleum
Jul 08, 2016 12:58Minister of Petroleum Bijan Zangeneh says a raging blaze at a petrochemical plant in southwest Iran has not been caused as a result of an act of sabotage.
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Indonesia to ink Iran oil blocks deal next month: Report
Jul 02, 2016 11:32Indonesia’s state-owned Pertamina says it will sign an agreement with the National Iranian Oil Company (NIOC) next month to develop two oil and gas blocks in Iran.
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India clearing remaining Iran oil dues via German Bank
Jun 09, 2016 15:36Indian refiners have started to settle the rest of their outstanding oil dues to Iran via State Bank of India and Germany-based bank Europaeisch-Iranische Handelsbank AG (EIH), a report said.