Iran | Egypt Oil & Gas - Part 58

Italy and Iran Ink Energy Deals Potentially Worth Billions

Italy and Iran signed deals potentially worth billions when Prime Minister, Matteo Renzi, visited Tehran seeking a strong Italian foothold in a nation hungry for infrastructure investment as it emerges from financial ...

Germany to Invest $194m in Solar Cell Factory in Iran

Germany plans to invest some $194m in a project to build a solar cell and panel factory in Iran. Last November the country already lured German investment for 1,250 MW solar plants.

Riyadh Bans Iranian Crude Vessels Entering Saudi Waters

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 ...

Iran Not to Join Oil Output Freeze Plan at Doha Summit

Iran will attend talks with fellow members of the Organization of Petroleum Exporting Countries (OPEC) and Russia in Qatar on April 17th, yet without joining their proposal to freeze crude oil production.

OPEC Oil Output Records Rise in March

OPEC oil output was rising in March as higher supply from Iran after the lifting of sanctions and near-record exports from southern Iraq offset maintenance and outages in smaller producers.

Iran Ready to Deliver Gas to Pakistan

Iranian President Hassan Rouhani said that Iran had completed work on its side of a much-delayed pipeline to be able to pump natural gas to Pakistan and would be in a position to provide gas to its energy-starved nei ...

Russia Begins Oil, Gas Exploration in Iran

Two major Russian companies, Rosgeologia and Lukoil, together with the National Iranian Oil Company, have started a new round of studies on geological and geophysical oil and gas exploration in Iran.

Global Oil Producers to Debate Oil Output Freeze in mid April

OPEC and non-OPEC producers - Qatar, Saudi Arabia, Russia, and Venezuela - are expected to hold a meeting in the Qatari capital on April 17th to debate oil output freeze on the January 2016 levels. The meeting is a f ...

Russia Supports Iran’s Aspiration to Restore Its Oil Market Share

Russia's Energy Minister, Alexander Novak, said that Iran would consider joining a global deal to cap oil production only after it restores its oil output back to levels it enjoyed before international sanctions at 4 ...

US Presidential Candidate Clinton Calls for Sanctions Against Iran

US Democratic presidential front-runner Hillary Clinton called for sanctions against Iran after the Islamic Republic brushed off US concerns and test-fired two ballistic missiles that it said were designed to be able ...

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