June 2015
Shell Oil Company Negotiates with Iranian Oil Officials in Tehran
Shell has confirmed negotiations with Iranian oil officials regarding investment opportunities in the oil and gas sector following potential sanctions relief. This comes amid ongoing…
Jannati Receives His Second Yellow Card from Parliament
Iranian Minister of Culture Ali Jannati received a second yellow card from parliament for failing to satisfactorily explain restrictions on freedom of expression related to…
OPEC Production Ceiling Remains at 30 Million Barrels Per Day
OPEC has decided to maintain its production ceiling at 30 million barrels per day for another six months, despite Iran's request to adjust quotas to…
Reports from News Agencies: OPEC Production Ceiling Remains Unchanged
OPEC is expected to maintain its current production ceiling of 30 million barrels per day despite market oversupply and declining oil prices. Iran's oil minister…
Shell Company 'Ready to Pay $2 Billion Debt' to Iran
Shell's CEO announced readiness to pay a $2.3 billion debt to Iran, contingent on the lifting of sanctions. This development follows a meeting with Iran's…
The Constitution and Foreign Investment in the Oil Industry
Iran is preparing new oil contracts to attract foreign investment, particularly from major companies, while attempting to navigate constitutional restrictions. The success of these contracts…