Category: Iran

Trump to preserve JCPOA

President Trump will keep the Joint Comprehensive Plan of Action (JCPOA) and target the Islamic Revolutionary Guards Corps (IRGC) in a new White House policy announced today. The announcement will please allies concerned that the president would pull the US…

Iran invites bids for energy projects

Iran will begin taking applications today for an unspecified number of energy projects, the oil ministry’s news agency SHANA reported on Sunday. National Iranian Oil Company (NIOC) said “reputable and eligible companies” should fill the applications for upstream oil and gas…

BP and Shell close to Iran breakthrough

BP and Royal Dutch Shell are close to finalising preliminary agreements to evaluate exploration and production opportunities in Iran, the International Oil Daily has reported. The imminent deals represent a major breakthrough for international oil companies in Iran and delivers…

Iran rejects output cuts

Iran’s Minister of Petroleum Bijan Zanganeh Iran has repeated its assertion that it’s unwilling to accept production cuts so long as its market share remains below where it was before the embargo imposed by most importers on Iranian oil in…

Swiss win Iran petchems job

Sadaf Petrochemical Assaluyeh Company has awarded Welding Engineers of Switzerland a contract for construction, installation and operations at its complex in southern Iran, Irna newsagency has reported. Irna said it was the first contract signed in the petchems sector with…