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Iran Expects Sanctions on Oil, Gas Sector to Be Lifted From Jan 2016: Official
Dec 2, 2015Sanctions on Iran's oil and gas sector could be lifted in the first week of January, according to Amir Hossein Zamaninia, Iran's deputy oil minister for international affairs Saturday, as the country seeks an agreement with OPEC to ...
Tags: Oil, Gas, Iran's oil
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Iran Unveils New Oil Contracts as It Seeks International Investment
Dec 2, 2015Iran unveiled its hotly anticipated new petroleum contracts to dozens of international oil companies in Tehran Saturday, and the first set of new tenders could be released by late January, a senior Iranian oil official said. The two-day ...
Tags: Oil, LNG, Iran Petroleum
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Administration of Hassan Rouhani Welcomes Japanese and European Firms' investment
Dec 4, 2013An Iranian deputy minister of petroleum has said that administration of Hassan Rouhani welcomes Japanese and European firms’ investment in Iran’s oil industry. Speaking to Yomiuri Shimbun, Ali Majedi said that the ...
Tags: investment, mineral, oil
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NIOC: Buy-Back Contracts Attracted Only 50 Billion Dollars in Petroleum Investment
Nov 25, 2013The director for legal affairs of National Iranian Oil Company (NIOC) says buy-back contracts have attracted only 50 billion dollars in investment for Iran’s petroleum industry over 15 years. Under the best circumstances, the ...
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Iran and Russia Are Likely to Sign Crude Oil Swap Deals in a Move to Boost Cooperation
Nov 6, 2013Iran and Russia are likely to sign crude oil swap deals in a move to boost cooperation, Tehran Times daily reported on Thursday. Iran has been holding talks with Russia on swapping crude oil for a long time, and the Iranian Oil Ministry ...
Tags: Metallurgy, Mineral, Energy, oil
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New Bill Aimed at Strengthening Washington's Sanctions Against Iran
May 13, 2013A new bill introduced late Wednesday to the US Senate aimed at strengthening Washington's sanctions against Iran could affect Asian countries that pay for Iranian crude in foreign currencies, sources familiar with the matter said Thursday. ...
Tags: Senate Bill, US Senate
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Sri Lanka's State-owned Ceylon Petroleum Corp. Has Made a Rare Export Offer of The Product
Apr 9, 2013Sri Lanka's state-owned Ceylon Petroleum Corp., the country's sole importer of fuel oil, has made a rare export offer of the product due to falling demand from power stations as well as higher domestic output, company sources said Friday. ...
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Iran Is Re-appraising an Offshore Oil Field
Mar 22, 2013Iran is re-appraising an offshore oil field that India's Oil and Natural Gas Corporation (ONGC) had abandoned as commercially non-viable, the semi-official Mehr news agency reported Wednesday. "The project is at the stage of processing ...
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Japan's Largest Refiner JX Nippon Oil & Energy Has Cut 'Slightly' Its Crude Imports
Jan 9, 2013Japan's largest refiner JX Nippon Oil & Energy has cut "slightly" its crude imports from Iran under a renewed annual contract beyond January 2013, company chairman Yasushi Kimura told Platts Monday. Speaking on the sidelines of a New Year ...
Tags: Japan, JX, crude imports, Iran
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National Iranian Oil Company Will Offer Stock Futures to The Public
Dec 11, 2012Tehran Times reported that the National Iranian Oil Company will offer stock futures to the public during December 22nd 2012 to January 1st 2013. In the Phase I up to 5 million barrels of oil will be sold in the form of stock futures ...
Tags: Tehran Times, National Iranian Oil Company, stock futures, oil
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The UAE's Dana Gas Has Signed Agreements with The Sharjah and Ajman Governments
Nov 28, 2012The UAE's Dana Gas has signed agreements with the Sharjah and Ajman governments to develop a gas field located about 40 km offshore in shared territorial waters, the company said in a statement Thursday. The agreements include a ...