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Saudis hatching new Iran oil plot?
Concerns are rising in Iran’s media that the deterioration of diplomatic ties between Tehran and Riyadh as a result of the fallout from the execution of the top Shia cleric Nimr al-Nimr by Saudi Arabia could eventually undermine Iran’s plans to export oil to Europe once the sanctions are lifted.
Wednesday, January 06, 2016
Maersk interested in investing in Iran’s offshore projects
Iranian officials said on Tuesday that Maersk – better known in the country as a transportation conglomerate – has expressed interest in the development of the country’s oil prospects.
Wednesday, January 06, 2016
‘Auto makers from 6 countries to enter Iranian market’
Car manufacturers from six countries, mostly European, are set to participate in Iran’s auto market, says an industry official.
Tuesday, January 05, 2016
Denmark seeks to develop renewable energy industry in Iran
Iranian Energy Minister Hamid Chitchian has announced an offer by Denmark to develop renewable energy industry in Iran and build a wind-turbine manufacturing factory in the country.
Tuesday, January 05, 2016
Iran to start production from joint field ahead of schedule
An Iranian oil industry official says the country is planning early production from an oil field it shares with neighboring Iraq three months ahead of original schedule.
Tuesday, January 05, 2016
Report: Saudi may sell firm’s stake in Iran
Savola, one of the few Saudi companies with a presence in Iran, may be sold in the wake of a diplomatic row between the two countries over the kingdom’s execution of a prominent cleric, a report says.
Monday, January 04, 2016
Is Iran a gas empire in the making?
Iran is wooing foreign investors to attract billions of dollars in gas infrastructure as global trade in gas products is expanding rapidly.
Sunday, January 03, 2016
Iran to raise oil output based on market needs: Official
A senior Iranian official says Iran will raise its oil production based on the market needs after the lifting of international sanctions expected later this month.
Saturday, January 02, 2016
MSC resumes service to key Iran port
Iran’s media reported on Saturday that the Swiss shipping line MSC has started calling at the country’s southern ports after a hiatus of six years.
Saturday, January 02, 2016
Iran, Russia firms sign deal to build oil rigs
Iranian shipbuilder ISOICO says it has signed an agreement with Russian shipyard Krasnye Barrikady (Red Barricades) for oil rig construction and technology transfer.
Wednesday, December 30, 2015
Turkey’s Unlu plans brokerage in Iran
Turkey’s brokerage and advisory firm Unlu Yatirim says it is in talks with an Iranian company for a joint venture in the country which is opening to business with imminent removal of sanctions.
Wednesday, December 30, 2015
SCO to study Iran’s membership
The Shanghai Cooperation Organization (SCO) says it will consider Iran’s application for the full-fledged membership immediately after the sanctions against the country are lifted.
Wednesday, December 30, 2015
‘No vote in Iran yet for base price of oil’
Iran’s Oil Minister Bijan Zangeneh on Tuesday rejected earlier comments by officials that the budget for the next Iranian calendar year (21 March 2016-2017) has been devised by considering that the country will sell each barrel of its oil at $40.
Wednesday, December 30, 2015
Iran says constructing 125 luxury hotels
Iran’s top tourism official says the country is constructing 125 new four- and five-star hotels, stressing that the figure is a record in the Iranian hospitality industry.
Wednesday, December 30, 2015
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