Iran Rejects Again ‘Self-Sanctioning’ Oil Freeze Plan

• Wednesday, 11th May 2016
• by Egypt Oil & Gas

Iran’s Oil Minister, Bijan Zangeneh, said the country is still determined to increase its oil production to as high as 4m b/pd, stressing that Tehran will only negotiate over joining the oil freeze plan when that targ...

Riyadh Bans Iranian Crude Vessels Entering Saudi Waters

• Wednesday, 6th April 2016
• by Egypt Oil & Gas

The Financial Times (FT) reported that Saudi Arabia has taken steps to slow Iran’s efforts at increasing oil exports, banning vessels that transport Iranian crude from entering their waters, according to traders and s...