TEHRAN (ISNA) –Iran’s ministry of petroleum released a report, in which announced that its oil export to the world countries has increased to a great extent after the Joint Comprehensive Plan of Action.
TEHRAN (ISNA) – The managing director of Iran’s Persian Gulf Holding Company has said the French oil company “Total” would invest as much as $2 billion in Iran’s petrochemical industry following a deal due to be finalized by the end of 2016.
TEHRAN (ISNA)- Algeria, Angola, Iran and Nigeria are interested in blending their light oil with Venezuela's heavy crude to get a better price, the president of Venezuelan state oil company PDVSA said.
TEHRAN (ISNA)- Eight western European companies are keen to invest in Iran's $2.8 billion (2 billion pound) Siraf oil refinery project, an Iranian official said, as the country ramps up capacity to reduce its dependence on imports.
TEHRAN (ISNA)- An Iranian Ministry of Petroleum official said Iran's return to global oil market will not necessarily lead to further drop in oil prices, provided that other producers adjust their crude output to make room for Iran.
TEHRAN (ISNA)- Iranian Oil Minister Bijan Namdar Zanganeh described the country’s oil industry as “growing” and said the Islamic Republic is developing oil fields regardless of whether the unfair economic sanctions imposed by the West are lifted or not.