EghtesadOnline: The National Iranian Oil Company has allocated 4% of the oil projects' value, including extraction and production, on implementing development plans in oil-rich regions, NIOC's managing director said.
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: Tejarat Bank, the Oil Ministry and the National Iranian Oil Company have reached an agreement on devising a new method of finance for oil projects related to crowdfunding.
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: Iran’s new model of contracts for oil and gas projects has made investment in the country’s petroleum industry much more appealing for multinationals.
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: Iran says Russia’s Gazprom has presented its technical proposals for the development of two major oil fields in areas close to the border with Iraq.
EghtesadOnline: The Oil Ministry has endorsed six domestic companies to develop oil and gas fields, adding them to the list of 11 enterprises already approved to operate in Iran's upstream petroleum sector.