Iran | Egypt Oil & Gas - Part 59
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, according to Press TV. Zangeneh told ...
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, Reuters re...
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, Reuters reported citing the RIA news agency. However, the Minister added that “It is...
Italy and Iran Ink Energy Deals Potentially Worth Billions
Italy and Iran signed several deals potentially worth billions during Prime Minister, Matteo Renzi’s, visit to Tehran in April in which both countries expressed their desire to restore their mutual ties followin...
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, an official told press, Renewables SeeNews reported citing local media. Construction work on the facility in the Payam S...
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 s...
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, Bloomberg re...
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, Reuters informed based on a...
