Tuesday 27 January 2015
 
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Iran

Iran delays London oil investment summit

Iran has delayed until later in the year a widely anticipated London conference during which it would unveil new oil and gas investment opportunities, two industry sources said. The conference, which was due to be held on February

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Beset by hardship, Iranians losing hope for future

As prices of food, water and electricity rise further beyond reach, struggling Iranians are losing belief in their pragmatic president, Hassan Rouhani, and his promise of a brighter future. The country has been hit by the double h

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Iranian firm wins $40m cable supply order

Iran's Abhar Cable & Wire Company has won a $40-million contract from the Iraqi government for supply of high voltage cables for the electricity ministry, said a report. Alireza Kolahi, the managing director, said the comp

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Iran to boost industry, farming in China tie-ups

Iran has entered into two partnerships with Chinese authorities in a move to set up an industrial park in the southern port city of Jask as well as expand cooperation in the agricultural sector, according to reports. "Iran an

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Iran to boost industry, farming in China tie-ups

Iran has entered into two partnerships with Chinese authorities in a move to set up an industrial park in the southern port city of Jask as well as expand cooperation in the agricultural sector, according to reports. "Iran an

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Iran ‘ready for straight talks’ with Saudi Arabia

Iran said on Tuesday it was ready for "straight talks" with Saudi Arabia over contentious issues that have kept the rival Gulf powers at loggerheads for more than three decades. Relations between Tehran and Riyadh soured

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Iran ‘oil industry could withstand $25 a barrel’

Iran sees no sign of a shift within Opec towards action to support oil prices, its oil minister said, adding its oil industry could ride out a further price slump to $25 a barrel. The comments are a further sign that despite lobby

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Iran mulls natural gas exports to Europe

Iran, which has the largest natural gas reserves in the world, could potentially export 25 billion to 30 billion cu m (bcm) of natural gas to 12 European nations, a report said. “Iran is seeking a way to export gas to Europe

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EAGC completes 702 km of gas network

East Azarbaijan Gas Company (EAGC) has established 702 km of gas network in Iran between March 21 and December 21, 2014, a report said. Valiollah Dini, managing director of the company, put the length of gas pipelines laid in the

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Iran slashes oil price in budget to $40 per barrel

Iran is cutting the oil price on which it bases its next budget to $40 a barrel, the semi-official Fars news agency quoted Finance and Economy Minister Ali Tayyebnia as saying on Thursday. "We will revise the oil price in the

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