Friday 20 January 2017
 
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Iran

Russia to build major power plant in Iran

Iran and Russia have signed an agreement worth billions of dollars for Russian companies to build a power plant in Iran and enhance the power generation capacity of another plant, said a senior official. The Russians will improve

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Russia to build major power plant in Iran

Iran and Russia have signed an agreement worth billions of dollars for Russian companies to build a power plant in Iran and enhance the power generation capacity of another plant, said a senior official. The Russians will improve

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Iran plans global tenders for LNG projects

Iran plans to hold a major international tender for LNG projects in the near future, the managing director of National Iranian Oil Company (NIOC) was quoted as saying in an Iran Daily report. The NIOC has been in talks wi

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Iran, Germany ink tie-up for locomotive production

Iran has signed a deal with Germany to cooperate on the production of 50 diesel locomotives for use in the Iranian rail network, a report said. The locomotives will be jointly produced by Germany's engineering giant Siemens an

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Iran to increase oil, gas tender approvals

National Iranian Oil Company (NIOC) will announce a second list of international companies approved to bid in the country's oil and gas tenders, a report said. The first list issued earlier this month recorded 29 oil and gas c

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Iran targets $55bn spend in petchem sector

Iran needs to attract investments of about $55 billion to develop its thriving petrochemical sector, said a top government official. "We hope to attain the 150-million-ton production capacity within 10 years. We need nearly $

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Iran targets $55bn spend in petchem sector

Iran needs to attract investments of about $55 billion to develop its thriving petrochemical sector, said a top government official. "We hope to attain the 150-million-ton production capacity within 10 years. We need nearly $

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Iran's 9-month oil revenues top $29bn

Iran's oil revenues have reached $29 billion in the first nine months of the current Iranian calendar year ending March 20, according to a top official with the Petroleum Ministry. Iran's exports of oil and oil condensates

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Iran set to launch first new-style oil tenders

Iran plans to launch the new model of oil contracts for the development of a major oilfield in the south-western province of Khuzestan within the next four weeks, a report said. The project to develop South Azadegan oilfield would

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Iran, Iraq in talks over two joint oil fields

Iranian and Iraqi government officials are in talks to conclude deals on developing two joint oilfields, a report said. One of the deals will pertain to the development of joint oilfields Parviz and Khorramshahr, Deputy Oil Minist

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