Iran and Canada to Cooperate on Oil Industry Equipment Construction

A high-ranking oil industry official said that Iran and Canada are to cooperate on building equipment related to oil industry surface facilities.

MSOGC Eyes 10% Rise in Output by March 2017

Managing director of Masjed Soleiman Oil and Gas Company said the company will boost its output by at least 10% by the end of the current Iranian calendar year to March 20 2017.

China to invest in Mehran Petrochemical construction

The deal for construction of first petrochemical power plant in Mehran was signed on Tuesday between the executor company of Petrosaman Faragostar and Chinese Company CNTIC.

Iran’s oil exports to hit 2mn bpd

An NIOC official has announced that Iran's sales of crude oil will reach 2mn barrels per day (bpd) in the current year.

Iran Seeks Market Stability: Zangeneh

Iranian Minister of Petroleum Bijan Zangeneh says Tehran supports moves like the Doha conference which are aimed at tackling the consistent market volatility, saying that OPEC member "Iran has never had a role in the market instability".

Italian company to build 50 MW solar power plant on Iran’s Qeshm island

The Italian company of Carlo Maresca S.p.A. is to build a 50-megawatt solar power plant on the southern Iranian island of Qeshm due to its signed agreement with the Qeshm Free Zone Organization, ISNA reported on Sunday.

Tehran, Seoul to Sign MoUs in May

South Korean President Park Geun-hye will visit Iran in May to sign three Memorandums of Understanding (MoUs) on energy domain, an official with Iranian Ministry of Petroleum said on Sunday.

Iran’s OPEC Governor to Attend Upcoming Doha Oil Talks

Hossein Kazempour Ardebili, Iran’s OPEC (Organization of the Petroleum Exporting Countries) governor, will represent the country’s Oil Ministry in an upcoming meeting on crude output of fellow OPEC members plus Russia in the Qatari capital.

Iran, EU Stress Formation of Energy Trade Forum

Iran and the EU signed a Memorandum of Understanding (MoU) to cooperate in energy, as the EU Foreign Policy Chief Federica Mogherini visited Iran on Saturday

Iran Has No Plan to Join Oil Output Freeze: CBI Chief

Central Bank of Iran (CBI) Chief Valiollah Seif stressed that the country has no intention to cap its crude production, adding that OPEC (Organization of the Petroleum Exporting Countries) members are to blame for the tumbling oil prices.

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