Post Tagged with: "Energy"

Russia, Iran, Turkey mark a new turn with $7 billion drilling deal

August 16, 2017 10:30 pm
Russia, Iran, Turkey mark a new turn with $7 billion drilling deal

Representatives of Iran’s Ghadir, Russia’s Zarubezhneft and Turkey’s Unit International sign documents for investment partnership in oil and gas projects in Moscow, Aug. 8, 2017. Turkey’s Unit International which signed a drilling deal last week with Russia’s state-owned Zarubezhneft and Iran’s Ghadir Investment Holding says the contract is worth $7 billion. The […]

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South Korea’s SK Engineering and Construction Co inks €1.6 billion Iran refinery deal

August 5, 2017 10:30 pm
South Korea’s SK Engineering and Construction Co inks €1.6 billion Iran refinery deal

Representatives of Iranian and South Korean companies sign a heads of agreement in Tehran, Aug. 5, 2017. (Photo by Shana) South Korea’s SK Engineering and Construction Co (SKEC) signed a heads of agreement on Saturday for a 1.6 billion euro upgrade of the Tabriz refinery in northwest Iran, the Shana news […]

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European Union foreign policy chief Federica Mogherini urges all JCPOA sides to keep commitments

July 14, 2017 10:30 pm
European Union foreign policy chief Federica Mogherini urges all JCPOA sides to keep commitments

European Union foreign policy chief Federica Mogherini European Union foreign policy chief Federica Mogherini says all sides to the landmark nuclear agreement reached between Iran and the P5+1 group of countries must remain committed to their obligations under the deal. Mogherini made the remarks in a statement issued on Friday […]

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Japanese, Korean firms to fund Siraf refineries

10:30 pm
Japanese, Korean firms to fund Siraf refineries

An aerial view of the offshore facilities of Iran’s Assaluyeh energy zone which provide a large portion of the feed for nearby projects, including Siraf refineries. A consortium of South Korean and Japanese companies has signed agreements to fund and implement a chain of condensate refining projects in southern Iran […]

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Iran, European Union start first ever joint project on nuclear safety

July 13, 2017 1:15 pm
Iran, European Union start first ever joint project on nuclear safety

A view of Bushehr nuclear power plant in southern Iran (File photo) Iran and the European Union have launched their first joint project aimed at strengthening bilateral nuclear safety cooperation on the eve of the second anniversary of Tehran’s nuclear deal with six world powers. At a Wednesday meeting in […]

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Vietnam drilling for oil in Chinese-claimed territory: Report

July 5, 2017 8:41 am
Vietnam drilling for oil in Chinese-claimed territory: Report

A file photo of the Deepsea Metro I drillship Vietnam has started drilling for oil in disputed territory claimed by China in the South China Sea, a report says. An oil drilling ship on contract to international firm Talisman-Vietnam has begun working off Vietnam’s southeast coast, the BBC quoted Ian […]

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Under-pressure energy-rich Qatar says to boost gas production 30%

July 4, 2017 12:00 pm
Under-pressure energy-rich Qatar says to boost gas production 30%

Qatar is the world’s biggest producer of Liquefied Natural Gas (LNG). (Photo by AFP) Energy-rich Qatar said it plans to increase natural gas production by 30 percent over the next several years, as it faces pressure from its neighbors in a diplomatic crisis. Saad Sherida al-Kaabi, the head of Qatar Petroleum, […]

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Oil recovery provides platform for Asia energy firms’ rally

5:15 am
Oil recovery provides platform for Asia energy firms’ rally

The rebound in oil prices from 10-month lows has fuelled a rally in energy firms across the world, providing support to equity markets. Asian markets mostly rose on Tuesday with energy firms rallying with their US counterparts after the recovery in oil prices extended in New York, where the Dow […]

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French energy giant Total seals Iran’s biggest gas deal in years

July 3, 2017 10:30 pm
French energy giant Total seals Iran’s biggest gas deal in years

French energy giant, Total, signs a multi-billion-dollar gas deal with Iran, the first by a European firm in more than a decade. French energy giant Total signed a multi-billion-dollar gas deal with Iran, the first by a foreign firm in more than a decade. Based on the deal, Total would […]

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Iran starts much-awaited gas exports to Iraq

June 22, 2017 10:30 pm
Iran starts much-awaited gas exports to Iraq

Iran has started a much-awaited project to export natural gas to Iraq. Iran says it has started a much-awaited project to export natural gas to its western neighbor – Iraq.  The National Iranian Gas Company (NIGC) announced that exports of around 7 million cubic meters per day (bcm/d) to Iraq’s […]

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