Iran | Egypt Oil & Gas - Part 62
Iran Signs Multiple Oil and Gas Contracts with Europe
Iran has signed multiple contracts with European countries, Russia, Spain, and Italy, for exploration of Iranian oilfields and development of oil and gas projects.
Iran Marks First Crude Sale to Europe, Signs Deal with Greece
National Iranian Oil Company (NIOC) and Greek's largest refinery, Hellenic Petroleum (ELPE) have reached a long-term agreement to immediately start the shipment of Iranian oil to Greece, marking the first sale of Isl ...
Iran Rejects Venezuela’s Call for OPEC Emergency Meeting
In the wake of Venezuela's call for an emergency OPEC meeting, Iran’s Oil Minister, Bijan Zanganeh, said that such a meeting would hurt the crude oil market, unless it reached a decision to shore up falling prices.
Oman to Use Iranian Gas to Become Regional Hub
Oman expects a speedier completion of a planned pipeline to import natural gas from Iran now that sanctions against Tehran have been lifted.
Iraq Mulls Tying Oil Companies’ Revenues to Global Oil Prices
The Iraqi oil ministry is holding talks with foreign oil companies debating alteration to the signed agreements in an attempt to switch from the currently used service agreements model to a revenue-sharing model that ...
Iran LNG Project to Remain Nationally Owned
Iran has made it abundantly clear that it has no plans to sell shares in the country’s LNG scheme to foreign companies, scheduled to be completed within three years. Iran Plans to Boost Oil Output by 500,000 Barrels a Day
Iran has announced plans to boost its oil production by 500,000b/d, taking advantage of the final removal of sanctions in mid January.
SABIC Unconcerned Over Iran’s Petchem Competition
Saudi Basic Industries Corp (SABIC), one of the world's largest petrochemicals companies, downplayed the possible threat posed to Saudi Arabia's petrochemicals industry from Iran's reentry into the international oil ...
