Tuesday, 6th November 2018
The UK’s Rhum gas field, in which the National Iranian Oil Company (NIOC) holds 50%, will continue working after meeting US sanctions conditions against Iran, the field’s future operator.
Monday, 17th September 2018
South Korea’s imports of Iranian crude plummeted 86.5% year-on-year (YOY) in August, in anticipation of US sanctions set to take full effect in November.
Tuesday, 8th May 2018
Total is at risk of losing its stake in the Iranian South Pars gas field if it exits the country due to US sanctions.
Thursday, 9th June 2016Indian refiners have turned to Indian and German banks to speed payment of billions of Iranian oil dues they still owe to Tehran.
Monday, 31st August 2015The Ministry of Petroleum and Mineral Resources announced in a press release that the petroleum Minister, Sherif Ismail, received a report from Eni Chief Executive Claudio Descalzi concerning the company's deepwater mega-gas find in the Shorouk block in the Mediterranean Sea. The discovery holds a potential of 30 tcf of gas and 5.5 bboe, covering an area of about 38.6 square miles (100 square kilometers).