Financials and Investment News in Iran

Iran & UAE to Promote Oil Cooperation
7/8/2023 - Iranian Oil Minister Javad Owji and the United Arab Emirates’ Minister of Energy Suhail Al Mazrouei here put emphasis on promoting bilateral oil cooperation.

Meeting on the sidelines of...
NIOC Seeking Novel Financing Methods to Fund Petroleum Projects
10/24/2019 - The National Iranian Oil Company (NIOC) CEO said his company was considering the use of a variety of securities and new methods of financing to attract public capitals to accelerate implementation of ...
Meeting to Expand Joint Cooperation between Petropars & Bank Melli Iran
8/6/2019 - A meeting was held to expand joint cooperation between Petropars Group and Bank Melli Iran at the presence of Engineer Hamid-Reza Masoudi. A meeting was held to expand joint cooperation between Petrop...
Iran Sets Currency Rescue Ahead of Reimposed U.S. Sanctions
8/6/2018 - Iran plans to implement a new financial rescue package on Monday to try and halt the rial’s decline, coinciding with the re-imposition of severe U.S. sanctions on the oil-rich state’s economy after Pr...
Saudi Arabia to Admit Iranian Diplomat
8/5/2018 - Saudi Arabia has agreed to admit an Iranian diplomat to head an office representing Iranian interests in the kingdom, the official Iranian news agency IRNA reported on Sunday, in a rare move after the...
Efforts Continue to Save Iran Oil Market Share
5/21/2018 - Climate Action and Energy Commissioner Miguel Arias Ca?ete met Iranian Minister of Petroleum Bijan Zangeneh in his Tehran office on Saturday in a bid to protect Iran"s oil trade following US withdrawa...
All New Decision in OPEC Needs Unity
5/20/2018 - Iranian Oil Minister Bijan Zanganeh says Tehran’s oil exports to remain unchanged if the Iran nuclear deal is salvaged by the EU following the US withdrawal from the multinational accord. ...
Crude Oil Prices Could Increase After Trump’s Decision
Crude Oil Prices Could Increase After Trump’s Decision 5/9/2018 - The U.S. President Trump abandoned a nuclear deal with Iran that was agreed in late 2015, raising the risk of conflict in the Middle East and casting uncertainty over global oil supplies at a time whe...
IOOC Saves $237m in Contract Costs
1/2/2018 - The Iranian Offshore Oil Company (IOOC) says it has saved a total of 237 million dollars in cost of the contracts it has signed with contractors in the fiscal year of 2017-2018. ...
Iran welcomes Chinese Private Investors in Oil Projects
12/13/2017 - Iranian Minister of Petroleum Bijan Zangeneh said Iran and China enjoy extended relations in energy sector, calling on Chinese private investors to finance petroleum projects in Iran. ...
GIC Signs Agreement with Unit International & Zarubezhneft
8/8/2017 - Iran's Ghadir Investment Company has signed a trilateral agreement with Russia's Zarubezhneft and Turkish energy company Unit International to finance oil and gas development projects. ...
Namibia Keen on Enhancing Economic Ties with Iran
8/6/2017 - Iranian Minister of Petroleum Bijan Zangeneh said Namibia has indicated keenness to enhance economic ties with Iran and enjoy the capabilities of Iranian companies in developing a newly-discovered gas...
80$ Billion in Revenues from the SP Phase 11 Development Plan
7/4/2017 - Iran will be benefited from the deal signed with energy giant Total for developing the 11th phase of the South Pars gas field, literally earn 80 billion dollars of revenue, the managing director of Na...
172nd OPEC Meeting Smoothest Since 2013
5/28/2017 - Iranian Minister of Petroleum Bijan Zangeneh says the 172nd meeting of member states of the Organization of the Petroleum Exporting Countries (OPEC) was the “simplest” one since 2013. ...
Iran Not Expecting OPEC Call to Cut Output
5/27/2017 - Iran’s Petroleum Minister Bijan Zanganeh says he does not expect the Organization of the Petroleum Exporting Countries (OPEC) to call on the Islamic Republic to reduce its oil production when it meets...
French Co. Positive About Prospects in Iran
5/13/2017 - An official at the French industrial conglomerate Groupe NOX said Iran’s nuclear deal with world powers which took effect last year has improved the prospects for financial and trade ties between Iran...
Shell Calls for Wider Crude Slate to Set Brent Benchmark
5/11/2017 - Shell has urged oil pricing agency S&P Global Platts to consider including other regional grades, such as Russian Urals, to set the key crude benchmark dated Brent, its vice president for crude tradin...
New Oil Contracts Will Rouse Iran’s Job Market
4/20/2017 - New contracts in the oil and gas sector can create thousands of jobs and resuscitate the economy which is reeling from international financial and trade restrictions, says Bijan Namdar Zanganeh, the o...
Iran South Pars Revenues Hit $191 Billion
4/19/2017 - Managing Director of the National Iranian Oil Company (NIOC) Ali Kardor said Iran has so far recovered 1,060 billion cubic meters of natural gas from the supergiant South Pars Gas Field, adding the re...
Expensive Oil not to Benefit OPEC Members in Mid-Term
2/28/2017 - Too expensive crude oil does increase revenues of the Organization of the Petroleum Exporting Countries (OPEC) but would ultimately damage their economies because the rivals will increase output at hi...

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