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ENERGY

Iran awards $17bn worth of contracts to boost pressure in South Pars

Iranian Oil Ministry awards contracts worth $17 billion to boost pressure in the South Pars gas field.

pressure boosting contract signing

ENERGY

‘Petroleum demand will rise despite global push for renewables’

OPEC chief says that global demand for oil and gas will continue to increase even after 2050.

haitham al ghais

ENERGY

Russia involved in $7.5bn worth of petroleum contracts in Iran: Minister

Iran’s oil minister says Russian firms are carrying out $7.5 billion worth of petroleum projects in Iran.

iran russia flags

ENERGY

Iran plans $120bn worth of investment in petroleum projects

Iran’s oil minister says the country will invest up to $120 billion to increase its oil and gas production.

mohsen paknejad

ECONOMY

Petroleum cargo loading at Iran ports at 46 mln mt in 7 months to Oct

Loading of oil and oil products at Iran’s ports reached more than 46 million mt in 7 months to late Oct.

iran oil terminal

ENERGY

Iran opens $3 billion worth of petroleum industry projects

Iran’s acting president open 17 major petroleum industry projects in seven provinces of the country.

iran oil rig

ENERGY

Iran awards 4 new oil contracts worth nearly $2bn

Four Iranian companies win nearly $2 billion worth of deals for works in the country’s petroleum sector.

oil ministry contracts