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Iran plans to develop oil and gas projects worth $185bn within five years

2015-07-24 01:00:00| Hydrocarbons Technology

Iran intends to develop oil and gas projects in the country worth around $185bn by 2020.

Tags: years within plans develop

 

Iran Can, but not Us Gop leads effort to lift decades-old oil export ban

2015-07-18 21:53:18| Oil & Gas - Topix.net

Congressional Republicans are leading a bipartisan effort to lift a decades-old ban on oil exports, arguing the recent surge in domestic-energy production and other factors have pushed the embargo past its prime. To be sure, the United States has recently emerged as the world's largest energy producer -- largely the result of the relatively new method of extracting natural gas and hard-to-get oil known as "fracking."

Tags: effort export oil leads

 
 

Former US President Jimmy Carter on Iran, Confederate flag

2015-07-15 20:33:43| Apparel - Topix.net

Former President Jimmy Carter on Wednesday backed a historic deal to curb Iran's nuclear program, telling The Associated Press that the U.S.-led agreement is "a major step in the right direction." "My thought was: Thanksgiving," Carter said.

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Asia Inc looks to post-sanctions Iran for demand spurt

2015-07-15 14:23:52| Steel - Topix.net

From steelmakers to construction firms, industrial companies in Asia hope an end to sanctions in Iran can provide a new source of sorely-needed demand. South Korean steelmaker POSCO has been in touch with Iranian firms seeking to do business with it once sanctions are lifted, and Indian industrial conglomerate Larsen & Toubro is eyeing opportunities in oil and gas extraction projects following Tuesday's nuclear deal.

Tags: asia demand iran spurt

 

Iran Deal Could Provide Opportunity For U.S. Businesses

2015-07-15 00:55:02| Beverages - Topix.net

President Obama on Tuesday characterized a long-sought nuclear deal between Western powers and Iran as an agreement that makes the world "safer and more secure." The proposal, however, could also provide significant benefits to American businesses, who would be able to enter a huge export market that's been essentially closed off for decades.

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