NIOC Sees Potential for 10 Oil, Gas Deals With Russia
madaresharghi Iran's National Iranian Oil Company and Russian companies are discussing their participation in the exploration of oil and gas fields in Iran. "NIOC has already signed enough memorandums of ...
Tehran’s Waste-to-Energy Capacity at 5 Megawatts
madaresharghi Tehran's waste-to-energy (WTE) plants can generate 5 megawatts of electricity daily, the head of Tehran's Department of Environment said. "Tehran produces between 7,000 and 8,000 tons of garbage daily, ...
Iranian-German Committee Explores Better Energy Ties
madaresharghi Top-level Iranian and German officials gathered in a meeting on Tuesday to explore opportunities in the energy industry in a move that signaled the two countries, unmoved by Washington's ...
Oil Prices Ease But Hold Near Four-Week Highs
madaresharghi Oil eased on Wednesday but was still near a four-week high after top exporter Saudi Arabia said it was determined to end a supply glut that has been weighing ...
Kish Field Talks Underway
madaresharghi Domestic and foreign companies are in talks with the state-owned National Iranian Oil Company on the development rights of Kish Gas Field, the Persian Gulf’s second largest gas field ...
NITC, Local Partners Plan Tanker Fleet Renovation
madaresharghi Iran's state tanker company NITC and the national shipping line IRISL plan to form a joint venture in collaboration with the Industrial Development and Renovation Organization to renovate one ...
Iran: Domestic Firms Finalize Kharg NGL Plant Deal
madaresharghi The Iranian Offshore Oil Company and SAFF Offshore Industries Company signed an agreement in which the latter has been assigned to undertake the Kharg NGL Plant development project through ...
Extraordinary Steps May Be Needed to Rebalance Oil Market
madaresharghi OPEC and other oil producers may need to take “some extraordinary measures” next year to rebalance the oil market, the OPEC secretary-general said on Sunday. “There is a growing ...
Statoil to Continue Arctic Exploration Next Year
madaresharghi Statoil’s exploration campaign in the Barents Sea was disappointing this year, but the company has firm plans to drill another five wells there in 2018, a spokesman said on ...
Crude Prices Stable
madaresharghi Oil prices stabilized on Monday after one of the most bearish weeks in months, propped up by OPEC comments signaling the group and other producers may take further action ...