EghtesadOnline: Tehran hopes to sign contracts with Russian oil and gas companies in 2018, as there is noticeable progress in its cooperation, particularly with Rosneft and Gazprom, Iran's ambassador to Russia said.
EghtesadOnline: Iran's energy industry has been on an upward path since the lifting of sanctions, but financial constraints could keep in check some of the country's biggest oil and gas development projects, Oil Minister Bijan Namdar Zanganeh said.
EghtesadOnline: Tehran is confident about raising more than $20 billion from international companies for its oil and natural gas projects in 12 months, despite facing the shadow of new US sanctions that could throw the nuclear deal into peril and ward off foreign investment.
EghtesadOnline: A top official at Iran's state oil company on Saturday sought to ensure that the country's key petroleum industry will not be rattled by US President Donald Trump's decision to decertify Tehran's compliance with the 2015 nuclear deal, a move that experts say can have major ramifications for its economy and energy sector.
EghtesadOnline: The Iranian Central Oil Fields Company is drafting an investment package for oil and gas projects estimated to value over $5 billion, deputy for planning at ICOFC said.
EghtesadOnline: Ghadir Investment Company, a major Iranian conglomerate, signed a trilateral memorandum of understanding on joint investments in oil and gas field development projects with Russia's state-owned oil firm Zarubezhneft and Turkey's Unit International in Moscow on Tuesday.
EghtesadOnline: Asian and European companies are negotiating participation in Iran’s oil and gas development projects which need $200 billion worth of investment, according to Minister of Petroleum Bijan Zangeneh.
EghtesadOnline: An Indian consortium is willing to spend as much as $11 billion to develop a giant Iranian natural gas field and build the infrastructure to export the fuel as long as the Persian Gulf nation guarantees a “reasonable return” on the project, according to the company leading the group.
EghtesadOnline: Winning foreign investors' trust to finance mega oil and gas projects will not only help ensure economic growth and prosperity in the long term but also help it gain access to advanced knowhow, the secretary general of the Federation of Iran's Energy Exports and Associated Industries said.
EghtesadOnline: Russia’s Gazprom Neft and Austrian player OMV have inked a cooperation document to develop upstream oil and gas projects of the Islamic Republic of Iran.