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Iran Oil & Gas News. Service for global professionals. Constantly updated news and information about Iran.
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Latest Iran Oil & Gas News

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  • Oil prices hinge on USD exchange rate, global economic recovery 22 Nov 2009 16:14 GMT
    ... (KUNA) -- The data of the global oil markets show that the oil prices will ... the statistics of the Arab Organization of Petroleum Exporting Countries (OAPEC). The data provided strong ... pointed out. Regarding the geopolitical factor, the Iran-West nuclear standoff will remain a cause of ...

  • Sinopec signs MOU for Iran's oil sector 25 Nov 2009 16:15 GMT
    ... TEHRAN, Nov. 25 (UPI) -- China Petroleum & Chemical Corp. signed a memorandum of ... signed a memorandum of understanding with its Iranian partners to invest $6.5 billion in oil refinery construction in Iran. China has embarked ...

  • Top stories of the day: China oil and gas -- Nov. 27 27 Nov 2009 05:34 GMT
    ... Top stories of the day: China oil and gas -- Nov. 27 BEIJING, Nov 26, 2009 ... deal worth 6.5 US dollars with National Iranian Oil Refining & Distribution Company (NIORDC) to ...

  • Oil prices rise above $79 amid Iranian war games 23 Nov 2009 17:31 GMT
    ... Analysts said the military exercises sharpened tensions in ... that been the biggest driver behind rising oil prices. Investors holding stronger currencies can buy more ... 5 cents to $2.03 a gallon. Natural gas for December delivery rose 9 cents to ...

  • The Dubai Default and Oil Prices 27 Nov 2009 15:56 GMT
    ... higher. The main resource in Dubai is oil. And the government from Dubai somehow has to repay ... the traditional markets such as Venezuela or Iran, but rather from Dubai, forced to increase ... the incoming weeks a drop in the oil prices and an increase in the USD versus ...

  • War games push crude oil prices 23 Nov 2009 14:50 GMT
    ... NEW YORK, Nov. 23 (UPI) -- Crude oil prices rose during the weekend, pushing toward $79, as Iran began a military exercise that heightened tensions ... 0.0245 cents to $2.0051 per gallon. Natural gas prices rose 0.054 cents to $4.478 per ...

  • Iran, Oman discuss gas transfer deal 24 Nov 2009 12:36 GMT
    ... Iranian and Omani oil ministers have started a new round of negotiations on Iran's gas export, the construction of petrochemical units and the bilateral development of oil and gas ...

  • Russia, Iran to hold talks on oil and gas sector cooperation 27 Nov 2009 12:17 GMT
    ... Russia, Iran to hold talks on oil and gas sector cooperation Russia and Iran are expected to discuss cooperation in the oil and ...

  • Oil prices increase amid Iranian war games 23 Nov 2009 14:03 GMT
    ... "One day oil prices look poised to break through the $80 ... 1.90 cents to $2.00 a gallon. Natural gas for December delivery was up 5.6 cents ...

  • Oil prices up above $78/barrel 23 Nov 2009 05:10 GMT
    ... MUMBAI: Oil prices rose above $78 a barrel on Monday ... on Monday due to heightened tension between Iran and Western countries which raised speculation of ...

  • Gas prices fall to begin busy travel week 23 Nov 2009 16:55 GMT
    ... 20, 2009, a tanker truck makes a fuel delivery at a Little Rock, Ark., gas station. Oil prices rose above $78 a barrel Monday, Nov. 23, 2009, as Iran's war games, aimed at protecting its nuclear plants, deepened tensions in the oil-rich region.(AP ...

  • Iran and Nabucco 23 Nov 2009 17:35 GMT
    ... to the Nabucco pipeline. to the Ukrainian gas transport network. ( ) while holding the ... of its dependence on Russian energy, and Iran potentially could benefit by joining projects like ... at all costs. In reality, however, Iran's oil and gas industry (the country's main source of income) ...

  • High Gold Prices: It's the Oil, Stupid 24 Nov 2009 11:16 GMT
    ... this high was set just after the oil crisis of the 1970s. The US was lucky ... solved the problem. The country adopted natural gas transportation and leveraged its ethanol capabilities. Brazil ... morning, no doubt in part due to Iranian war games being held to show the ...

  • Reportlinker Adds Venezuela Gas Markets Investment Opportunities, Market Analysis and Forecasts to 2020 25 Nov 2009 14:50 GMT
    ... as rents, bonuses, royalty, cost recovery, profit oil, petroleum and corporate taxes) pertaining the geography is ... Jul 26, 2009: Venezuela To Spend In Iran's Oil Sector: Nozari says 111 12.6.2 Jul ...

  • The Case for Big Oil Shares 22 Nov 2009 19:45 GMT
    ... Oil has not responded proportionately to euro and ... Arabia will boost oil production to checkmate Iran over its nuclear ambition even as the ... of Dorset, Western Scotland and Singapore!), low petroleum product demand and higher risk metrics all ...


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"We had no intention of building many facilities like the Natanz site, but apparently the West doesn't want to understand Iran's peaceful message."
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