Oil Cooperation

Tehran, Baghdad sign MoUs to enhance joint oil coop.

TEHRAN, Apr. 14 (MNA) – Oil officials from Iran and Iraq inked a memorandum of understanding (MoU) to broaden bilateral ties in the field of oil.

Iran's oil minister holds meetings on GECF Summit sidelines

TEHRAN, Mar. 03 (MNA) – Iran's Oil Minister Javad Owji held meetings with his counterparts from different states, as well as the OPEC's Secretary-General on the sidelines of the GECF summit in Algeria.

Iran, UAE to expand cooperation in oil field

TEHRAN, Jul. 06 (MNA) – Iranian Oil Minister Javad Owji and UAE's Minister of Energy and Infrastructure Suhail Mohamed Al Mazrouei in a meeting stressed the need for expanding cooperation between the two countries in the oil field.

Nicaragua wants to ditch dollar in Russia trade: FM

TEHRAN, Jun 30 (MNA) – Nicaragua wants to pay for Russian grain in national currencies, its foreign minister Denis Moncada told Russian media on Thursday.

NIOC chief:

Preliminary steps taken for Tehran-Riyadh oil cooperation

TEHRAN, Jun. 27 (MNA) – The CEO of the National Iranian Oil Company Mohsen Khojasteh-Mehr says that due to the restoration of relations between Tehran and Riyadh, preliminary measures have been taken for bilateral cooperation in the oil field.

Iran oil minister elaborates on recent agreements with Oman

TEHRAN, Mar. 09 (MNA) – The Iranian oil minister has given more details about a recent agreements with Oman on the development of energy ties with the southern neighbor.

Tehran, Moscow to sign cooperation roadmap

TEHRAN, Oct. 31 (MNA) – The deputy of international affairs and trade of the Iranian Oil Minister said the cooperation roadmap between Iran and Russia would be signed at the meeting of the 16th joint economic commission of the two countries.

Iran-Russia trade volume to increase to $40 billion soon

TEHRAN, Jun. 07 (MNA) – Iranian Oil Minister Javad Owji said that Iran-Russia trade volume will reach $40 billion within a year and a half through the planning of the two sides.

Iran inks confidential oil contract with foreign firm

TEHRAN, May 22 (MNA) – The Manager of National Iranian Oil Company (NIOC) for Investment and Business Affairs announced the conclusion of a confidential contract, valued at €500 million, with a foreign company.