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Category: Iran

Tehran, Baghdad launch talks to refine Iraqi Kirkuk’s oil in Iran

 Under an initial agreement Kirkuk’s oil will be refined in two Iranian refineries of Tabriz and Kermanshah, the report suggested. Iranian Oil Minister Bijan Namdar…

Iran explains further details of gas deal with Total

Iran explained further details of a $4.8-billion deal with a consortium, headed by Total. Three days after inviting Iran’s Oil Minister Bijan Namdar Zanganeh to…

Why Total’s $1B investment in Iran’s gas project worthy

French Total, with 50.1 percent stake, signed a $4.8 billion worth agreement with Iran to develop the phase 11 of South Pars gas field. CNPC…

Iran Starts Exporting Natural Gas to Iraq

Iran started exporting natural gas to neighboring Iraq, the National Iranian Gas Company reports. The export of Iranian gas to the Iraqi capital of Baghdad…

Iran boosts gasoline production, downs other distillates

Iran has increased gasoline production during the last four years, but the output of other distillates has decreased. According to an official report, prepared by…

Tehran Approves SOCAR’s Participation in Oil and Gas Projects in Iran

SOCAR plans to take part in the implementation of oil and gas projects in Iran, Azerbaijani media reported with reference to Iran’s Deputy Oil Minister…

IPC – Iran’s Gordian knot

Since November 2015, when Iran introduced its newly designed oil and gas agreement model, called Iran Petroleum Contract (IPC), the country hasn’t issued any tender…

Iran’s oil and gas output to grow by 2018

Therefore, Iran’s oil production growth would be about 10% more in 2018, compared to 2016.   Iran’s oil production increased from 2.92 million barrels per…

Iran Wants to Become Petrochemical Power

Iran expects to attract foreign investments into petrochemical projects worth $ 10 billion in the near future, Iran’s Deputy Minister for International Affairs and Trade…

Iran and Total Complete Negotiations over XI Phase of South Pars

The National Iranian Oil Company (NIOC) and the French Total will sign a final agreement on cooperation to develop the South Pars field. This is…

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