Iran

EU in Dire Need of Iran’s Gas

TEHRAN (Fars News Agency)- A senior Iranian oil ministry official said here Monday that Europe has no way out but to satisfy its energy needs by transferring Iran’s gas via Turkey’s Nabucco pipeline.

Read More »

Iran, IAEA Resume Talks

TEHRAN (Fars News Agency)- Iran and a team from the UN nuclear watchdog started a fresh round of talks on Monday in Tehran to remove remaining ambiguities about Tehran’s nuclear programs.

Read More »

Iraq Urges US to Engage With Iran

TEHRAN (Fars News Agency)- The Iraqi government on Sunday said the US needed to take bolder steps to interact directly with Iran in order to improve security across the Middle East.

Read More »

Iran Signs $2bln Oil Deal with China

TEHRAN (Fars News Agency)- Iran signed a $2bn oil contract with Sinopec of China Sunday, sending a signal to western companies that they might miss out on potentially lucrative contracts with one of the world’s biggest energy exporters if they continued to heed US-inspired sanctions against Tehran.

Read More »

Oil Trades Lower in Year-End Cooling off

TEHRAN (Fars News Agency)- World oil traded lower in Asia on Monday as the market entered a traditional year-end cooling off period and concerns persisted over slower US economic growth, dealers said.

Read More »

Total Ready to Invest $12bln in Iran’s LNG Project

TEHRAN (Fars News Agency)- Iranian Oil Minister Gholam Hossein Nozari said that the French oil company, Total, has voiced preparedness to make a 12-bln-dollar investment in Iran’s Liquefied Natural Gas (LNG) project.

Read More »