NIOC Hoping to Finalize 4 Oilfield Deals by March
madaresharghi The National Iranian Oil Company hopes to finalize deals for four joint oilfields by the end of the present fiscal year in March, according to NIOC official said. "NIOC ...
Crude Prices Rebound
madaresharghi Oil futures rebounded strongly on Tuesday following an overnight slide amid reports of fighting between militias aligned with the Iraq central government and Kurdish forces in the nation's northern ...
OPEC Compliance With Cuts at 102%
madaresharghi Russian Energy Minister Alexander Novak said on Tuesday compliance with a global output cut deal in the past nine months had been 102%. He said compliance by OPEC countries ...
Tashkent Eyes Iran Oil Import, Mulls Transport Options
madaresharghi Uzbekistan is willing to join the list of Iran's crude oil customers and talks are underway to study the full details of selling oil to the Central Asian country ...
Brent, WTI Prices Pick Up
madaresharghi Oil prices rose on Wednesday as weekly US crude inventories were expected to have fallen steeply and geopolitical tensions around oil-rich Iraq and Iran raised risk premiums. International benchmark ...
Total Says Will Try to Move Ahead With Iran Gas Project
madaresharghi French oil and gas major Total will try to push ahead with its Iran gas project if the United States decides to impose unilateral sanctions on Tehran after US ...
French, German Groups Ink Water Agreements
madaresharghi French and German groups on Wednesday signed broad-ranging agreements on collaboration with Iran's water industry. France Water Group, a consortium of French companies operating in the water industry, signed ...
Italian Firm to Build 910MW Power Station in Iran
madaresharghi Italian groups will help build a major thermal power station south of Iran that roughly matches the output capacity of the country's only nuclear power plant. Operations to build ...
Oil Prices Set for Weekly Loss
madaresharghi Oil prices fell on Friday and were set for a weekly loss as investors sought to book profits, despite tensions in the Middle East which have slashed supplies of ...
Rosneft to Operate Main Iraqi Kurdish Oil Pipeline
madaresharghi Russia’s biggest oil company, Rosneft, has agreed to take control of Iraqi Kurdistan’s main oil pipeline, boosting its investment in the autonomous region to $3.5 billion despite Baghdad’s military ...