Tags Iran oil

Tag: Iran oil

Iran to Sell $41bn of Oil and Condensate by March: Minister

Iran’s Oil Minister Bijan Zanganeh says the country’s overall sales of crude oil and condensate will reach as high as $41 billion by the end of the current Iranian calendar year (21 March 2017).
salehi

Iran’s New Nuclear Power Plants Help Save 22 Million Barrels of Oil

Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi says the construction of new nuclear power plants in Bushehr, southern Iran, helps save some two million barrels of oil per year.

29 Int’l Firms Can Bid for Iran’s Oil and Gas Projects

Iran’s oil ministry has certified 29 international companies to bid for oil and gas projects in the country under its new format of oil contracts, a report said.

Iran Should Boost Export of Oil Products Rather than Crude Oil: Rafsanjani

Chairman of Iran’s Expediency Council Ayatollah Akbar Hashemi Rafsanjani says the export of oil products should be increased.

After OPEC Deal, Iran Is Now Trying to Attract Foreign Investment

Energy experts believe that Iran need to increase its cooperation with major oil companies if it wants to take better advantage of its recent victory in the Organization of Petroleum Exporting Countries (OPEC) summit.
Iran Oil Museum

Iran’s 1st Oil Museum to Open Up in Abadan by December 20

An Iranian oil official says Iran's first Petroleum Museum will be opened in Abadan, southwest of Iran, by December 20.

Iran Hopeful about OPEC Deal on Output Cuts

Iran has voiced optimism that a deal is possible among member states of the Organization of the Petroleum Exporting Countries (OPEC) to freeze production to help stabilize the prices.

Iran May Reduce Its Oil Output as Part of an OPEC Deal

Members of Organization of Petroleum Exporting Countries (OPEC) are close to a deal based on which all member states, including Iran, Saudi Arabia, and Iraq are obliged to cut up to 4.5 percent of their oil output.

Development of Iran’s Azadegan Oil Field to Be Put Out to Tender: Official

The deputy head of the National Iranian Oil Company (NIOC) said the country plans to put the development of the South Azadegan oil field out to tender, dismissing reports that the project will be awarded to France’s oil giant Total without its participation in the bid.

Iran’s Fierce Competition with Iraq over Joint Oilfields

Iran’s employment of Chinese contractors, rather than Western firms, for the development of its joint oilfields has been criticized by energy experts, particularly now that Iraq has speeded up its output from the oilfields it shares with Iran.

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