SACE to Offer Unlimited Coverage to Iranian Projects
Iran says Italian insurance agency Servizi Assicurativi del Commercio Estero (SACE) is ready to cover Tehran-Rome deals up to an unlimited ceiling
Iran New Oil Contracts Require Foreign Investor with Iranian Partner
Chairman of Oil Contracts Revision Committee in the Iranian Ministry of Petroleum said the new oil contracts lay down that foreign investors shall cooperate with a local partner in projects for development of oil and gas fields
ICOFC Introduces 14 Central Oil, Gas Fields to Foreign Investors
Iranian Central Oil Fields Company (ICOFC) introduced 9 oil fields and 5 gas fields for development investment located to the west of the country as part of proceedings of the Iran Petroleum Contracts (IPC) Conference
NIOC, Total Meet to Talk Business in Tehran
Representative of the French energy giant Total met with head of Irans national oil company (NIOC) to discuss future energy ties under the new oil contract Iran introduced on Saturday
137 Oil Giants in Tehran to Enter New Iran Contracts
Representatives from petroleum heavyweights including Royal Dutch Shell, Total and Lukoil, to name a very few, are attend a conference to introduce Iran Contract Model (IPC). The event opened on Saturday in Tehran
Oil Industrys Future Plans Outlined
Exploration of and extraction from oil and gas reservoirs, promotion of domestic petroleum knowhow and bolstering the Iranian private sector are the main pillars of Irans new oil and gas contract terms which are highly regarded by Irans Ministry of Petroleum, Bijan Zangeneh, Iranian Minister of Petroleum said
Iran Boosts Gas Output to Secure Winter Supply
Iranian gas refineries have treated over 95 bcm of natural gas during the first seven months of the current Iranian calendar year which began on March 21, 5% higher year-on-year
Iran New Oil Contracts a Win-Win Deal
An advisor to Iran’s petroleum minister said the new oil contracts to be unveiled next week in a conference in Tehran are drawn on win-win terms considering tough competition for the development of the region’s oil fields
Oil Industry Needs $10t in Investment by 2040
Up to 2040, world oil industry will need more than 10 trillion dollars in investment in order to produce 2 trillion barrels of oil, Secretary General of the Organization of Oil Exporting Countries (OPEC) Abdalla El-Badri said in Tehran
Novak
Oil Market in Difficult State
Russian Energy Minister Alexander Novak said the oil market in the world is in a dire state that will take a long time to recover