Iran oil industry

Pergas Says Ready to Replace Companies Leaving Iran Oil Industry

EghtesadOnline: Pergas Consortium is ready to fill the gap created by companies that will be forced to leave Iran's oil industry due to US sanctions that are set to return in a matter of months…
2018-06-10 09:38
Zanganeh Invites China Private Investors

EghtesadOnline: Oil Minister Bijan Namdar Zanganeh called on China's private sector on Tuesday to invest in Iran's oil industry.
2018-01-15 06:09
Iran Confident of Oil Deals Despite US Sanctions Threat

EghtesadOnline: Iran sees an unprecedented opportunity for international companies to operate in its oil industry, despite uncertainty over potential new sanctions from the United States, a deputy…
2018-01-15 05:47
Seoul supports investment in Iran's oil industry: Minister

EghtesadOnline: South Korean Minister of Land, Infrastructure and Transport Kim Hyun-mee said on Tuesday that her government will support Korean firms for investing in Iran.
2017-10-24 14:37
Oil Export Revenues Top $23 Billion

EghtesadOnline: Iran has earned over $23 billion from selling crude oil in roughly six months since the beginning of the present fiscal year in March, the Central Bank of Iran reported, indicating…
2017-09-23 13:35
Majlis Report Underpins Upswing in Oil Industry

EghtesadOnline: Iran has come a long way in regaining the lost ground in the global oil market and expanding its gas production after last year's lifting of sanctions, a parliamentary report…
2017-09-11 11:59
Ministry Forecasts Leap in Iran Oil Industry in Two Years

EghtesadOnline: Iran's oil industry will experience a big leap in the next two years, as international energy majors have shown great enthusiasm in playing a role in the country's oil and gas…
2017-09-03 08:07
Attractive prospects seen for Iran oil industry: Official

EghtesadOnline: Deputy minister of petroleum for international and commercial affairs said on Saturday that given the enthusiasm shown by foreign companies for engaging in Iran’s oil sector,…
2017-09-03 08:01
Iran planning to lure $100bn in oil industry investment

EghtesadOnline: President Hassan Rouhani in an addressing to the parliament on August 20, said that drawing $100 billion in foreign investment to develop Iran’s oil industry is among the oil…
2017-08-30 11:38
Foreign Finance Crux of Oil Industry Development

EghtesadOnline: Oil Minister Bijan Namdar Zanganeh said attracting foreign investment will be the centerpiece of his ministry in the next four years, hoping to build up on a multibillion-dollar…
2017-08-21 07:31
Old Technology, Equipment, Holding Back Iran Oil Sector

EghtesadOnline: Iran's petroleum industry is operating with technology and equipment that belong to several generations ago and the way to eliminate the bottleneck is by opening up the key sector…
2017-07-12 08:42
Iran heading towards self-sufficiency in oil equipment manufacturing

EghtesadOnline: Iran's decisive petroleum industry plays an important role in the country's Economy of Resistance that its implementation was reiterated by the Supreme Leader of the Islamic Revolution…
2017-06-21 12:16
Iran names Russian firms to major project

EghtesadOnline: The National Iranian Oil Company (NIOC) has added four Russian companies and Azerbaijan’s state oil firm Socar to the list of firms qualified for development work in the Islamic…
2017-06-17 11:09
IPC Deferral Holding Back Oil Industry Progress

EghtesadOnline: Procrastination in concluding new oil and gas contracts with international companies not only poses a setback to the key industry but also provides neighboring states the opportunity…
2017-06-17 05:28
Iran Oil Co. Taking Steps to Build Closer Ties With Int’l Firms

EghtesadOnline: The best way to augment the oil industry is to establish good rapport with the international community, says a senior oil official.
2017-05-28 05:29
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.
2017-05-07 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…
2017-05-06 14:59
Iran's Oil Ministry Will Buy Equipment From Domestic Firms

EghtesadOnline: Domestic contractors are poised to sign two agreements, worth $1 billion, with the Oil Ministry to manufacture equipment for the petroleum sector.
2017-04-12 12:09
$ 20b investment in South Pars to be put to use soon: Minister

EghtesadOnline: Minister of Petroleum Bijan Zangeneh said on Thursday that 20 billion dollars of investment made in oil industry will be put to use in near future.
2017-04-01 06:06
Technology, Investments Crucial to Oil Sector

EghtesadOnline: The National Iranian Oil Company can maintain its current production level of 3.9 million barrels per day for a maximum period two years. However, the 5.2 bpd production level…
2017-03-15 13:39
Shell Keeps Distance From Iranian Oil

EghtesadOnline: Royal Dutch Shell has bought only three cargoes of Iranian oil since sanctions were eased a year ago, a small fraction of what it used to buy and an indication of the legal difficultie…
2017-03-12 14:59
Zanganeh: $100bn investment in upstream oil industry needed

EghtesadOnline: Minister of Petroleum Bijan Zanganeh said on Tuesday that Iran must make 100 billion dollars investment in upstream oil industry.
2016-10-05 15:57