Monday, 12 December 2016TEHRAN (ISNA) - Different companies from across the world have voiced their readiness for oil investment in Iran Representatives from Austria, Swiss, Italy, France, Germany, China, Spain, America, Spain, Russia, South Africa, Holland, Scotland and many other countries have announced their interest to invest in Iran’s oil projects and following that will head to the country in coming months.
Wednesday, 23 November 2016[LONDON] Opec talks in Vienna Tuesday didn't resolve whether Iraq and Iran will join any production cuts, instead deferring the crucial matter to ministers who will meet on Nov 30, said two delegates While Libya's Opec governor Mohamed Oun said the meeting ended with a consensus that will be presented to ministers, he declined to comment on whether the group's second and third largest members are willing to limit output The continuing questions around Iranian and Iraqi production don't make a deal impossible next week, the delegates said, asking not to be named because the talks are private. However, the lack of agreement Tuesday leaves open the possibility the group fails to implement the...
Wednesday, 23 November 2016Three Russian companies have signed contracts for oil field development with the National Iranian Oil Company, a senior NIOC manager told media. Gholam-Reza Manouchehri, deputy managing director of NIOC, said the companies were Lukoil, Tatneft, and Zarubezhneft. The contracts are the latest demonstration of the ever closer ties between Moscow and Tehran, especially in energy Since January, when most economic sanctions on Iran were lifted, the country has been in a rush to revive its energy industry, after four years of barely making ends meet. For this, it needs the assistance of foreign companies with production know-how and infrastructure investments Russia has become a preferred...
