Recent Posts

Iran Cuts Oil Rights to 10%

TEHRAN (Fars News Agency)- The Japanese government acknowledged Friday that Inpex Corp. has agreed to reduce its interests in the development of Iran’s Azadegan oil field to 10 percent from the current 75 percent after days of talks over the stalled $2 billion deal.

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FM Meets Angolan Ambassador

TEHRAN (Fars News Agency)- Angola’s accredited ambassador to Tehran Pedro Hendrik Vall Neto met with Iranian Foreign Minister Manouchehr Mottaki here on Saturday and submitted his credentials to him.

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