Sunday 28 August 2016
 
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Iran

Iran to sign oil contracts based on new model

National Iranian Oil Company (NIOC) will sign two or three contracts based on the new model by March next year, the company’ deputy managing director said. Gholamreza Manouchehri added that he expected amendments to the new

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Iran detects malware in petchem plants

Iran has detected and removed malicious software from two of its petrochemical complexes, a senior military official said on Saturday, after announcing last week it was investigating whether recent petrochemical fires were caused by cyber attack

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Iran detects malware in petchem plants

Iran has detected and removed malicious software from two of its petrochemical complexes, a senior military official said on Saturday, after announcing last week it was investigating whether recent petrochemical fires were caused by cyber attack

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KLM to resume service to Tehran from Oct 30

KLM Royal Dutch Airlines will resume service to the Iranian capital of Tehran from October 30, the airline said. Tehran will be the 14th new destination KLM has added to its network in 2016. Four weekly services wil

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Iran sets terms for backing oil producers meet

Iran will help other oil producers stabilise the world market so long as fellow Opec members recognise its right to regain lost market share, the country' oil minister said on Friday ahead of next month's meeting of the oil exporters gro

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Oman promotes Opex event to be held in Iran

The organising committee of the Omani Products Exhibition (Opex) has begun its marketing campaign in Tehran, Iran, to promote the 6th Omani Products Exhibition, to be held next month, said a report. The committee recently organise

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Iran, Ecuador discuss ways to bolster oil prices

Iran and Ecuador on Wednesday discussed ways that the two countries can strengthen oil prices as Iran signals it may support joint efforts by exporters to prop up flagging crude. Iran has been boosting output since Western sanctio

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Iran’s trade surplus exceeds $3.4bn

Iran's trade surplus exceeded $3.4 billion during March 20 to July 21 in what is seen as its best post-sanctions trade performance of the country, said a report. Figures released by Iran Customs Administration revealed that no

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Turkey in talks to build $3bn power plant in Iran

Turkey’s Unit International plans to invest $3 billion on the construction of a 5,000-megawatt power plant in Iran, a report said. Unal Aysal, chairman of the Belgium-based energy firm, has concluded talks with Iran's En

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Iran signals willingness for Opec action

Iran is sending positive signals that it may support joint action to prop up the oil market, sources in Opec and the oil industry said, potentially aiding efforts to revive a global deal on freezing production levels at talks next month.

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