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Hossein Nozari


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Iran criticizes Saudi Arabia for oil production increase

Tehran - Iran on Saturday criticized a decision by Saudi Arabia to increase its oil production, Fars news agency reported. While terming the Saudi decision a political move, Iranian Oil Minister Gholam-Hossein Nozari told Fars that a production inc...

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Iran rejects reports of cutting crude output

Tehran, May 13 (IANS) Iran Tuesday rubbished reports that it has decided to reduce its crude oil production drastically, official IRNA news agency reported. “Iran usually decides about prices of its crude oil and exports based on the present situation at oil world market,” Iran's Oil Minister Gholam-Hossein Nozari told the news agency Tuesday on [...]

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Iran looks to tap key oil field with homegrown crews

... and Iran lacks the deep pockets to undertake major projects alone. In April, Oil Minister Gholam Hossein Nozari said Iran needs some $500 billion of oil industry investment over the next 15 years. This has led Iran to turn to lower-tier oil developers, signing deals recently with Croatian, Malaysian and Chinese firms. "Total, Shell and Repsol of Spain are hanging back from signing...

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Iran looks to tap key oil field with homegrown crews

... and Iran lacks the deep pockets to undertake major projects alone. In April, Oil Minister Gholam Hossein Nozari said Iran needs some $500 billion of oil industry investment over the next 15 years. This has led Iran to turn to lower-tier oil developers, signing deals recently with Croatian, Malaysian and Chinese firms. “Total, Shell and Repsol of Spain are hanging back from signing...

+Vote!

Iran looks to tap key oil field with homegrown crews

... and Iran lacks the deep pockets to undertake major projects alone. In April, Oil Minister Gholam Hossein Nozari said Iran needs some $500 billion of oil industry investment over the next 15 years.This has led Iran to turn to lower-tier oil developers, signing deals recently with Croatian, Malaysian and Chinese firms."Total, Shell and Repsol of Spain are hanging back from signing contracts,...

+Vote!

Iran looks to tap key oil field with homegrown crews

... and Iran lacks the deep pockets to undertake major projects alone. In April, Oil Minister Gholam Hossein Nozari said Iran needs some $500 billion of oil industry investment over the next 15 years.

This has led Iran to turn to lower-tier oil developers, signing deals recently with Croatian, Malaysian and Chinese firms.

"Total, Shell and Repsol of Spain are hanging back...