Iran | Egypt Oil & Gas - Part 69
Russia to Build Iranian Nuclear Power Plants
Russian Energy Minister Alexander Novak announced that Russia’s construction of two more nuclear power units in Bushehr in southwest Iran will cost about $11 b
Iran Lays Limits on Domestic Ownership of Post-Sanction Ventures
Seyed Mehdi Hosseini, chairman of the Iranian Oil Ministry’s Oil Contract Restructuring Committee, told the Financial Times that domestic companies should be entitled to a minimum 20% share of any joint venture project
Iran to Cut Emissions if Sanctions Removed
Iran could as much as quadruple its efforts to curb fossil fuel emissions if economic sanctions imposed by the US, UN and EU are ended
OPEC Driving US Shale Downturn
The Organization of Petroleum Exporting Countries—OPEC—is driving US oil and gas rigs to some of their lowest levels in a decade, Bloomberg
Vitol Thinks Libya Will Add to Oil Glut
Vitol, the world's largest oil trader, has predicted that the price of crude will at the most waver around the $60 a barrel level next year, in part because of Libyan production,
Total to Bring French Finances to Iran
Stephane Michel, head of Total's Middle East, exploration and production division announced that his company will finance oil projects and transfer related technical know-how to Iran in the post-sanctions era
Obama Issues Waivers as Iran Prepares Investment Laws
President Obama has just signed an order directing his administration to begin issuing waivers to Iran's nuclear sanctions
Iran Expanding Energy Cooperation with Kazakhstan, China
Iran and China plan to jointly construct the fourth oil refinery of Kazakhstan
