Iran oil - page 27

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Pergas Drafting Proposal for 2 Khuzestan Oilfields

EghtesadOnline: Pergas Consortium will submit its master development plan proposal to the National Iranian Oil Company to develop Shadegan and Karanj oilfields in the southern oil-rich province of Khuzestan by July, the group's managing director said.
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Publish Date:14/May/2017 | 04:46

Iran Oil Show 2017 with taste of JCPOA

EghtesadOnline: The 22nd Iran International Oil, Gas, Refining and Petrochemical Exhibition was held in the Iranian capital last week while the European states had stronger presence in the event due to the July 2015 nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA).
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Publish Date:13/May/2017 | 14:03

Philippines announces Iran oil buy, LNG plans

EghtesadOnline: The Philippines plans to buy 250,000 to 260,000 barrels per day of oil for use in a new refinery from Iran, President of state-own Philippines National Oil Co. (PNOC) Pedro Aquino says.
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Publish Date:13/May/2017 | 13:47

OMV Wrapping Up Talks on NIOC Settlement

EghtesadOnline: The chief executive of Austrian energy group OMV, Rainer Seele, said on Thursday that talks with Iran's national oil company NIOC on settling outstanding claims which have hindered OMV from investing more in the country are almost finished.
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Publish Date:13/May/2017 | 09:50

Iran Complying With Crude Supply Cut Deal

EghtesadOnline: Iran cut back crude oil production last month in a move that reflects its adherence to a global supply cut deal and OPEC's efforts to shore up prices and restore balance to the beleaguered oil market.
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Publish Date:13/May/2017 | 09:48

Iran's South Azadegan Oilfield Output to Double

EghtesadOnline: Crude oil production from the giant South Azadegan field near the Iraqi border will double in the present fiscal year that ends in March 2018, said an official at the Petroleum Engineering and Development Company (PEDEC) in charge of the field's development.
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Publish Date:12/May/2017 | 06:48

French Co. Positive About Prospects in Iran

EghtesadOnline: An official at the French industrial conglomerate Groupe NOX said Iran’s nuclear deal with world powers which took effect last year has improved the prospects for financial and trade ties between Iranian and French companies, particularly in the oil and gas sector.
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Publish Date:12/May/2017 | 06:46

Pall Corp. first US tech firm to invest in Iran in years

EghtesadOnline: An Iranian company says a top American technology leader plans to invest in an Iranian oil equipment production project – what could be the first direct investment by a US oil company in Iran after the 1979 Islamic Revolution.
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Publish Date:10/May/2017 | 13:10

MAPNA, OIEC to Study Iran Oil Deposits

EghtesadOnline: Domestic companies on Tuesday signed two agreements with the National Iranian Oil Company to study crude oil deposits in the south.
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Publish Date:10/May/2017 | 08:56

Cut in Costs of Oil Equipment Imports

EghtesadOnline: The lifting of international economic sanctions last year helped Iran cut costs for import of essential equipment for the key oil industry.
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Publish Date:09/May/2017 | 08:35

South Pars Gas Field Starts Exporting Crude Oil

EghtesadOnline: The first crude oil consignment from the oil layer of South Pars, the giant gas field that is shared between Iran and Qatar in the Persian Gulf, has been exported, managing director of the Iranian Offshore Oil Company (IOOC) said on Monday.
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Publish Date:09/May/2017 | 05:05

National Iranian Oil Company Says Finalizing Deal With OMV

EghtesadOnline: The National Iranian Oil Company is in the final phase of talks with OMV to sign a contract to sell 40,000 barrels of oil per day to the Austrian oil and gas company, the NIOC chief said.
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Publish Date:08/May/2017 | 11:23

Iran in Talks With Iraq on Joint Fields

EghtesadOnline: Negotiations are underway with Iraq to form a joint technical committee to decide on the development of joint oil fields with the Arab neighbor, managing director of Iranian Central Oil Fields Company said.
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Publish Date:08/May/2017 | 11:19

Iran refreshes consent with oil at $55

EghtesadOnline: Iran has refreshed its consent with the price of oil around $55 per barrel with the country’s Petroleum Minister Bijan Zanganeh stressing that there is already a consensus among producers to keep the prices at the same level by extending the current production cuts.
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Publish Date:07/May/2017 | 24:05

Majlis Speaker Underpins Petroleum Investments

EghtesadOnline: The ruling establishment will back any effort that will help Iran develop its key petroleum industry, Majlis Speaker Ali Larijani said on Saturday.
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Publish Date:07/May/2017 | 06:50

JCPOA Eased Oil Money Receipt

EghtesadOnline: The National Iranian Oil Company exports 2.5 million barrels of crude oil and gas condensates per day to customers from Asia to Europe and the Central Bank of Iran receives the full sale revenues in different currencies, CBI said in a statement.
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Publish Date:07/May/2017 | 06:32

Iran Oil Industry Growth Tied to Investments

EghtesadOnline: The economy will struggle if the oil industry, the engine of economic growth, does not get the long-awaited impetus after years of underinvestment.
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Publish Date:07/May/2017 | 05:12

Iran Oil Industry Still in Recovery Mode

EghtesadOnline: Mismanagement by the previous government plus the international economic sanctions incapacitated the key oil industry, Oil Minister Bijan Namdar Zanganeh said, stressing that Tehran has made concerted efforts to recuperate the oil and gas sectors over the last four years.
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Publish Date:06/May/2017 | 14:59