FNA - Iranian Deputy Industry, Mine and trade Minister Mansour Moazami said that the foreign investors have not quit investing in Iran, and dismissed any change in the country's contract with giant energy firm, Total. Moazami, who is also chairman of the Industrial Development and Renovation Organization of Iran, made the remarks in a press conference ...

IRNA Chairman of Industrial Development and Renovation Organization (IDRO) Mansour Moazami and Vice-Chairman of Russian Gazprom Company Vitaly Markelov singed a memorandum of understanding (MoU) on oil, gas and energy fields on Sunday. The Deputy Minister of Industry, Mine and Trade said in signing ceremony that the MoU is an opportunity for development ...

TEHRAN Oct 9 (Shana)--Iran's Minister of Petroleum has nodded his agreement with setting petchem feedstock prices in accordance with the prevailing prices in the region on a monthly basis, a deputy petroleum minister has said. Deputy minister of petroleum for planning and supervision on hydrocarbon resources Mansour Moazami made the remarks on Wednesday ...

China could lose a $4.7 billion contract to develop Iran's giant South Pars gas field if delays on the project persist, an Iranian deputy oil minister said. The warning comes as Iran's oil minister, Bijan Zanganeh, has vowed to shake up the country's largest industry, which has suffered years of decline thanks to mismanagement and the effect of international ...

TEHRAN (Tasnim) - Iran decided to invite major energy firms to invest in its oil and gas industries as the country wants to reduce the effect of western sanctions and boost oil production capacity. The new Iranian administration and the stances taken by President Hassan Rouhani have created a favourable atmosphere for the country to pursue its ...