Iran | Egypt Oil & Gas - Part 58

Iran Ready for Petchem Exports to Egypt

Iran’s Petrochemical Employers Association has announced the country’s readiness to resume petrochemical exports to Egypt.

Iran’s Oil Exports to Greece Increase

Iran has started exporting 60,000b/d of crude oil to Greece, Director of International Affairs at National Iranian Oil Company Mohsen Qamsari said.

Iran Willing to Help Stabilize Oil Market

Iran's Minister of Petroleum Bijan Zangeneh says his country will support any initiative to stabilize the oil market after recent talks in Qatar failed to freeze production.

Oil Output Freeze Deal Falls Apart

A deal to freeze oil output by OPEC and non-OPEC producers fell apart on April 17th after Saudi Arabia demanded that Iran join in despite calls on Riyadh to save the agreement and help prop up crude prices.

Russia’s Rosneft Eyeing Iranian Oil&Gas Projects

Russian oil producer Rosneft is interested in oil and gas projects in Iran, according to the Energy Minister, Alexander Novak. However, the Minister added that "It is too early to talk about any concrete plans as Iran".

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.

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