Iran To Sell Oil to Asia at Discount
Iran plans to sell discounted oil to the Asian market as a way to mitigate losses caused by US sanctions on the country.
Iran | Egypt Oil & Gas - Part 21
Britain’s Quercus Pulls Out of Iranian Solar Plant Deal
British renewable energies investment company Quercus announced it will stop building a $570 million solar power plant in Iran due to the recently imposed sanctions on the Islamic Republic.
MAPNA to Develop Oilfields in Khuzestan Province, Iran
Iranian engineering and energy enterprise MAPNA Group have signed a contract with the National Iranian South Oil Company (NISOC) to develop the Paranj and Parsi oilfields in the Khuzestan Province in Iran.
Oil Exports From Iranian Port Rise 40%
Oil exports from the Shahid Bahonar port in southern Iran have risen by 40% over the past four months.
India’s Reliance Industries to Stop Iran Oil Imports
Reliance Industries Limited (RIL) announced that it will stop importing Iranian crude from November to comply with US sanctions on the Islamic Republic.
Iran to Bring Two New South Pars Gas Refineries Online
Iran is preparing to bring two new gas refineries that cover Phases 13, 22, and 24 of the South Pars gas field online.
Turkey Vows to Keep Buying Iranian Oil Despite US Sanctions
Turkey has rejected US pleas to curtail crude imports from Iran, telling US officials that it is under no obligation to implement Washington's sanctions regime against Tehran.
Kuwait to Buy UK Pipeline Firm for $1.7B
Wren House, the UK investment arm of Kuwait’s sovereign wealth fund (KIA), has agreed to purchase the pipeline firm North Sea Midstream Partners (NSMP) from ArcLight Capital for roughly $1.7 billion.
Kuwait’s Donated Oil Shipment Arrives in Iraq
An oil tanker containing supplies of gas oil donated by the Kuwaiti government arrived in the Iraqi port of Basra on July 23.
Iran Becomes India’s Second Highest Oil Supplier
Iran overtook Saudi Arabia to become the second biggest oil supplier to Indian state refineries between April and June 2018.
