Iran | Egypt Oil & Gas - Part 78
Iran’s Yaran Oilfield May Come Online in April, Says Official
The official in charge of the development plan of Iran’s North Yaran oil field says the field will start producing crude oil as of next April. Arash Baqerzadeh told Oil Ministry’s official SHANA news agenc...
SouthAfrican Refineries Wary of Iran Crude Imports
South Africa’s four crude oil refineries are holding off any resumption of imports from Iran, where sanctions are yet to unravel fully following a nuclear deal between Tehran and the West, operators said on Wedn...
German Chemical Giant Heading to Post-Sanction Iran
Germany’s BASF, the world’s biggest chemical maker, has announced that it plans to return to the Iranian market. BASF CEO Kurt Bock says he has seen a great potential for investment in Iran during his week visit to th...
Iran PetroChem Export Balancing Act Needs Russian Help
Russia is in talks with Iran for supplies of petrochemical products in exchange for assets as part of their barter deal, an official in Tehran has said. Several delegations have visited Tehran and Moscow in recent wee...
Iran Targets Pre-Sanction Levels and South Asian Market
The National Iranian Oil Company (NIOC) is set to increase production from all oilfields this year and can reach its pre-sanctions output capacity of 4 million b/d if there is sufficient market demand, a top Iranian o...
Nuclear Deal with Iran May Pose Trouble for US Shale
The end of sanctions will allow Iran to attract investment in its massive oil and gas reserves, putting a long-term damper on prices. Crude oil prices are testing three-month lows after Iran struck a deal that will le...
Iran Nuke Deal Reached, Governments and Corporations Measure Ramifications
Iran and six world powers reached an agreement on Tuesday to lift sanctions against the Islamic Republic, and while U.S. and Iranian leaders have heralded the deal as a victory, the real winners could be corporations ...
Iran Targeting US Market for Petrochemicals, Following Nuke Deal
Iran has worked out a “special plan” for exports of petrochemical products to the US, secretary of the Association of Petrochemical Industry Corporations (AIPC) Ahmad Mahdavi said on Monday. The plan is part of Iran’s...
