November 30, 2016

OPEC agrees to cut output by 1.2mbpd

OPEC clinched a deal to curtail oil supply by 1.2 million barrels per day, confounding skeptics as the need to clear a record global crude glut -- and prove the group’s credibility -- brought about its first cuts in eight years.
November 30, 2016

OPEC agrees oil output cuts: source

The Organization of the Petroleum Exporting Countries has agreed its first oil output cuts since 2008, an OPEC source told Reuters on Wednesday.
November 30, 2016

S.Arabia would agree to Iran freezing production at pre-sanctions levels: minister 

Saudi Energy Minister Khalid al-Falih says OPEC is close to clinching a deal to limit oil output, adding Riyadh would agree to Iran freezing production at pre-sanctions levels.
November 30, 2016

OPEC begins debating output cut, prices rise on Iran optimism

OPEC started today morning in Vienna debating a deal to curtail oil production and prop up the price of crude as prices rose after Iranian Oil Minister Bijan Namdar Zanganeh said he believed OPEC would reach a production deal.
November 30, 2016

South Africa’s MTN Eyes Expansion in Iran

A senior official with South Africa’s telecom giant MTN Group said it plans to increase its presence in Iran’s lucrative market following the removal of anti-Tehran sanctions. “We’re very excited about Iran and the possibilities there,” MTN’s newly appointed head of strategy, mergers and acquisitions, Stephen van Coller, said in an interview with Reuters. “That […]
November 30, 2016

Indonesia Seeking Iranian Investment in Oil Projects

A senior Indonesian oil official said Jakarta has asked Iran to invest in the Southeast Asia country’s oil projects. “We have asked (Iran) to invest either in Bontang refinery (in East Kalimantan) with (state-owned oil and gas firm) Pertamina or establish its own refinery as we already allow 100 percent (foreign) ownership in the business,” […]
November 30, 2016

New Career Opportunities in Iran

By John Lee. The United Nations has advertised new jobs in Iran: Resource Mobilization Officer, United Nations Children’s Fund (UNICEF) Administrative Assistant, UNESCO Programme Assistant, Food and Agriculture Organization of the United Nations (FAO) Project Officer, Food and Agriculture Organization of the United Nations (FAO) Intern – Coordination, Norwegian Refugee Council (NRC) Legal Officer, Norwegian Refugee […]
November 30, 2016

How Trump can deal with Iran-GCC Conflict

While many aspects of President-elect Donald Trump’s foreign policy beliefs were murky on the campaign trail, one overarching theme stood out: that the United States has done far too much to underwrite free-riding allies the world over. “Our allies must contribute toward the financial, political and human costs of our tremendous security burden,” Trump declared […]
November 30, 2016

US-Iranian Citizen Convicted for Trying to buy Missiles for Iran

By John Lee. An Iran-United States dual citizen was found guilty on Tuesday of trying help acquire surface-to-air missiles and aircraft components for the government of Iran, in violation of U.S. sanctions. Reza Olangian, aged 56, was convicted on all four counts he faced, including conspiring to acquire and transfer anti-aircraft missiles. Olangian will be sentenced […]
November 30, 2016

All You Need to Know About Bamilo’s Black Friday Campaign

The story began a year ago when Bamilo started its Black Friday campaign. They ran the campaign this year again and the result... well you should check the social media to see angry people but also see the buzz that they made and the torrent of new visitors on the website.

The post All You Need to Know About Bamilo’s Black Friday Campaign appeared first on Techrasa.

November 28, 2016

Iranian oil minister heading to Vienna for OPEC meeting

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh will leave Tehran for Vienna Tuesday evening to attend the 171st meeting of the Organization of the Petroleum Exporting Countries (OPEC) which is due to be held on Wednesday, Shana reported on Monday.
November 28, 2016

Iranian oil minister heading to Vienna for OPEC meeting

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh will leave Tehran for Vienna Tuesday evening to attend the 171st meeting of the Organization of the Petroleum Exporting Countries (OPEC) which is due to be held on Wednesday, Shana reported on Monday.
November 28, 2016

SWAUPE in talks with Iran on 400MW power plant

TEHRAN - In a visit to Iran’s Chabahar port, the representatives of SWAUPE International Ltd Company voiced their company’s readiness to start cooperation with the country for constructing a 400 megawatts (MW) power plant, a solar park, residential and office complexes and a mini-refinery in the region, IRNA reported on Monday.
November 28, 2016

SWAUPE in talks with Iran on 400MW power plant

TEHRAN - In a visit to Iran’s Chabahar port, the representatives of SWAUPE International Ltd Company voiced their company’s readiness to start cooperation with the country for constructing a 400 megawatts (MW) power plant, a solar park, residential and office complexes and a mini-refinery in the region, IRNA reported on Monday.
November 28, 2016

NISOC, Schlumberger sign MOU on 3 oilfields studies

TEHRAN - National Iranian South Oil Company (NISOC) and Schlumberger Ltd., the world’s largest oil driller by market value, signed a memorandum of understanding (MOU) on Sunday to carry out preliminary studies over three oilfields in southwestern Khuzestan province in Iran, Shana reported.
November 28, 2016

Iran’s NISOC, Schlumberger sign MOU on 3 oilfields studies

TEHRAN - National Iranian South Oil Company (NISOC) and Schlumberger Ltd., the world’s largest oil driller by market value, signed a memorandum of understanding (MOU) on Sunday to carry out preliminary studies over three oilfields in southwestern Khuzestan province in Iran, Shana reported.
November 28, 2016

CII to re-open office in Tehran: Indian ambassador

TEHRAN- The Confederation of Indian Industry (CII) will re-open its representative office in Tehran by spring of 2017, IRNA quoted Indian Ambassador to Iran Shri Saurabh Kumar.
November 28, 2016

Tehran attracts $960m foreign investments in 8 months

TEHRAN- Head of Tehran's Management and Planning Organization Nematollah Torki announced on Sunday that $960 million of foreign investments have been made in the Iranian capital during the first eight months of the current Iranian calendar year (March ...
November 28, 2016

Iran’s NISOC, Schlumberger sign MOU on 3 oilfields studies

TEHRAN - National Iranian South Oil Company (NISOC) and Schlumberger Ltd., the world’s largest oil driller by market value, signed a memorandum of understanding (MOU) on Sunday to carry out preliminary studies over three oilfields in southwestern Khuzestan province in Iran, Shana reported.
November 28, 2016

CII to re-open office in Tehran: Indian ambassador

TEHRAN- The Confederation of Indian Industry (CII) will re-open its representative office in Tehran by spring of 2017, IRNA quoted Indian Ambassador to Iran Shri Saurabh Kumar.