Iran | Egypt Oil & Gas - Part 71

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, r...

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, reported USA Today. The presidential memorandum marks what has being called the “...

Iran Expanding Energy Cooperation with Kazakhstan, China

Iran and China plan to jointly construct the fourth oil refinery of Kazakhstan, reported the Tasnim News Agency. The refinery will be built in Mangistau Oblast – the country’s west – in cooperation w...

IAEA Last Hurdle to Iran Sanctions, Energy Projects

German foreign minister Frank-Walter Steinmeier arrived in Iran for the first extended visit to the country for a German official of his rank in 12 years, reported Deutsche Welle. This was ahead of the final removal o...

Germany Leading Renewables Race in Iran with Ahvaz Deal

Iran has commissioned German Green Invest 3000 GmbH to set up a PV solar farm in city of Ahvaz in South West Iran, reported Mehr News Agency A memorandum of understanding (MoU) was signed between officials of Khuzesta...

Saudi-Russia Price War Extends to European Theatre

Oil refiners in Europe are cutting their longstanding use of Russian crude in favour of Saudi grades thanks to aggressive price discounting, reported Reuters. “I’m buying less and less Russian crude for my...

GCC Braces for Refinery Expansion, Financial Opportunities

The Arab Petroleum Investments Corporation’s (Apicorp) Energy Research has just issued its monthly report, calling for a serious rethinking of the GCC state’s downstream sector, reported Trade Arabia. “We antici...

Japan Making Way Back to Post-Sanction Iran Crude Market

Executives of Japan’s Showa Shell Sekiyu arrived in Tehran on Monday, reported Press TV. “The aim of the visit (by Showa Shell executives) is to increase the volume of oil bought from Iran during the post-sancti...

Iran Signs Technology-Transfer MOU with German Rig Builder

Iran signed a major deal with Germany’s Nordic Yards, a global developer of maritime installations, ostensibly for the construction of offshore facilities, reported Press TV. Nordic Yards signed the Memorandum of Unde...

Iran Postpones Major Oil Conference to February

The “Iran Oil and Gas Summit Post Sanctions” event in Britain’s capital is scheduled for February 22-24, said Seyed Mehdi Hosseini, head of the country’s oil contracts re-negotiation team, repo...

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