Iran will work "shoulder-to-shoulder" with foreign energy companies in joint ventures set up under a new contract system, a government official said. Mehdi Hosseini, director of an Oil Ministry committee tasked with revising Iran's oil contracts, said the government was scrapping buy-back ...
Iranian Oil Minister Bijan Namdar Zanganeh says Iran’s new model of oil contracts will be more competitive and more attractive to international investors than those offered by neighboring countries./ Speaking at the 1st Iran Oil Industry Contracts Revision Forum in Tehran on Saturday, Zanganeh ...
Iran will offer foreign partners incentives to find and pump more crude and natural gas and will pay some fees in barrels as it seeks to boost income once international sanctions are lifted. New contracts that the country is developing will offer higher fees for riskier exploration and ...
Iran’s Oil Ministry has unveiled the draft model of its new oil contracts aimed at drawing more foreign companies to develop Iran’s hydrocarbon reservoirs./ The “Iran Petroleum Contract” (IPC) was unveiled in Tehran on Sunday by Mehdi Hosseini, who heads an Oil Ministry-appointed committee to ...
Boeing cargo plane lands in Istanbul without front wheels/ ISTANBUL (Reuters) -A FedEx Airlines Boeing 767 cargo plane landed at Istanbul Airport on Wednesday without its front landing gear, a Turkish Transport Ministry official said, adding there were no casualties and authorities had launched ...
over Rafah concerns/ Israeli artillery units fire at an undisclosed target in the Gaza Strip on 7 May 2024/ The US last week paused a bomb shipment for Israel over concerns it was going ahead with a major ground operation in Rafah, southern Gaza, a senior administration official says./ The ...
MEULABOH, Indonesia (AP) — The boat glided across waters that were dark and still, under a night sky that was cloudless and calm. But on board, the 12-year-old girl quaked with fear. The captain and crew who she says had tortured her and three other women and girls were not finished. And the ...
Former U.S. President Trump's criminal trial on charges of falsifying business records continues in New York/ 's trial in Florida on charges of illegally keeping classified documents after leaving office has been indefinitely postponed, a judge decided on Tuesday, greatly reducing the odds he ...
China widens South America trade highway with Silk Road mega port/ LIMA (Reuters) - The Chinese state-owned company at the center of a dispute over operations of a megaport it is building on Peru's Pacific coast insisted on Tuesday on terms agreed with the government, as some local officials ...
A photo of someone playing a game on the new iPad Pro./ display. Not just any OLED display, either, but a 'Tandem OLED' display that features two OLED panels sandwiched together for extra brightness. The company is claiming 1000 nits fullscreen brightness and 1600 nits peak brightness. Combined ...
A restaurant manager was beaten over a glass of lemonade at a chain seafood restaurant in Livonia last month. Because a customer, allegedly, did not want to pay for their drinks – Susan Rains was attacked. "He dumped the drink on me first, and then he smashed it on the side of my head," Rains ...
Scientists have issued a stern warning over the ongoing threat of rising sea levels caused by the ever-changing climate. revealed that coastal communities across eight states in the U.S. are facing "one of the most rapid sea level surges on Earth." Since 2010, satellite data shows that the Gulf ...
LAS VEGAS (KLAS) — A substitute teacher punched and slapped a Las Vegas valley high school student causing him to become unconscious after the student used a racial slur against the teacher, according to the arrest report. While the physical fight was caught on video, what led up to it was not. ...
for 'limited' operation/ Israel's military says it has begun ordering Palestinians to leave parts of eastern Rafah ahead of a "limited" operation in the southern Gaza city./ About 100,000 people are being directed to head for an "expanded humanitarian area" in Khan Younis and al-Mawasi./ After ...