NIOC, Gazprom Sign Gas MoUs
madaresharghi The National Iranian Oil Company and Russia’s Gazprom on Wednesday signed two memoranda of understanding in Tehran to cooperate in Iran’s natural gas project. The first agreement, described as ...
Suicide attack in Damascus
madaresharghi A suicide bomber blew himself up in south of the Syrian capital of Damascus on Thursday morning when he was identified by the security forces. The bomber detonated himself ...
Crude Prices Gain Ground
madaresharghi Oil prices rose on Wednesday as industry data showed a larger-than-expected drawdown in US crude stockpiles, while expectations for an extended shutdown of a major North Sea crude pipeline ...
French Firm to Help RIPI Develop Homa Gas Field
madaresharghi The Research Institute of Petroleum Industry signed a memorandum of understanding with Beicip-Franlab to draw on the French company's expertise to develop Homa Gas Field in the south of ...
Aramco Seeking Pitches for Listing Coordinator Roles
madaresharghi Saudi Arabian Oil Company is asking banks to pitch for roles as coordinators and book-runners on its initial public offering, people familiar with the matter said, as the state-owned ...
Zanganeh Invites China Private Investors
madaresharghi Oil Minister Bijan Namdar Zanganeh called on China's private sector on Tuesday to invest in Iran's oil industry. He made the statement in a meeting with a Chinese delegation ...
Iran Petrochemical Production at 35 Million Tons in 8 Months
madaresharghi Iran's petrochemical output crossed 35 million tons in eight months, as the country faces a steep climb toward its petrochemical output target for the fiscal 2017-18. According to NIPNA, ...
OPEC Reports Decline in Iran's November Output
madaresharghi Iran produced 3.81 million barrels of crude oil per day in November, down 2,200 barrels compared with the previous month, OPEC's calculations showed on Wednesday. That is the second ...
EIA Lowers 2018 Oil Estimates
madaresharghi Top US federal energy analysts lowered their estimates for oil demand growth in 2018 by 40,000 barrels per day, according to the Energy Information Administration’s newest monthly forecast. Still, ...
US source of terror, instability in Middle East: Ex-Israeli lawmaker
madaresharghi “I believe the Americans play a destructive role in the entire region,” Mohammad Barakeh said on Wednesday. The head of the Higher Arab Monitoring Committee, who served in the ...