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Iran oil industry

  • EghtesadOnline: Pergas Consortium is ready to fill the gap created by companies that will be forced to leave Iran's oil industry due to US sanctions that are set to return in a matter of months after Donald Trump withdrew from the country's nuclear deal with world powers, the company's managing director said.

  • EghtesadOnline: Iran sees an unprecedented opportunity for international companies to operate in its oil industry, despite uncertainty over potential new sanctions from the United States, a deputy at the National Iranian Oil Company said.

  • EghtesadOnline: Oil Minister Bijan Namdar Zanganeh called on China's private sector on Tuesday to invest in Iran's oil industry.

  • EghtesadOnline: South Korean Minister of Land, Infrastructure and Transport Kim Hyun-mee said on Tuesday that her government will support Korean firms for investing in Iran.

  • EghtesadOnline: Iran has earned over $23 billion from selling crude oil in roughly six months since the beginning of the present fiscal year in March, the Central Bank of Iran reported, indicating a strong recovery in Iran’s oil industry since last year’s lifting of sanctions.

  • EghtesadOnline: Iran has come a long way in regaining the lost ground in the global oil market and expanding its gas production after last year's lifting of sanctions, a parliamentary report shows.

  • EghtesadOnline: Iran's oil industry will experience a big leap in the next two years, as international energy majors have shown great enthusiasm in playing a role in the country's oil and gas ventures, the deputy oil minister for international affairs said.

  • EghtesadOnline: Deputy minister of petroleum for international and commercial affairs said on Saturday that given the enthusiasm shown by foreign companies for engaging in Iran’s oil sector, the industry will experience a great boom in the next two years.

  • EghtesadOnline: President Hassan Rouhani in an addressing to the parliament on August 20, said that drawing $100 billion in foreign investment to develop Iran’s oil industry is among the oil minister’s main tasks in his second term.

  • EghtesadOnline: Oil Minister Bijan Namdar Zanganeh said attracting foreign investment will be the centerpiece of his ministry in the next four years, hoping to build up on a multibillion-dollar gas deal with France's Total that is widely seen as one of his signature accomplishments as oil minister.