Iran | Egypt Oil & Gas - Part 80

Post-Sanction Iran May Push Russian Oil Out of the Way

In Iran’s push for a nuclear deal, it’s had few better allies than Moscow. But if an agreement is reached this week, President Vladimir Putin’s regime will have at least one reason to reflect on its support. Russia, w...

Iran’s Potential Return Would Be Bad News for Russian Oil

In Iran’s push for a nuclear deal, it’s had few better allies than Moscow. But if an agreement is reached this week, President Vladimir Putin’s regime will have at least one reason to reflect on its support. Russia, w...

Iran on Verge of Unveiling New Oil Contract Model

Iran’s oil minister Bijan Zanganeh will soon present a long-awaited template for new international oil contracts to the government, as foreign companies watch for a nuclear deal that could allow them into a majo...

Iran: South Pars Gas Production on the UP

Iran on Saturday announced that its production of natural gas from South Pars energy zone had increased to as high as 440 million cubic meters per day (mcm/d). Mehdi Yousefi, the managing director of Special Pars Econ...

Glencore, Latest European Energy Company to Head to Iran

Anglo-Swiss commodity trader Glencore is the latest European energy entity to send its executives to Tehran in search of business opportunities amid hopes of a nuclear deal with Iran, a Thursday report said. Glencore’...

Competition Stiffens Over Post-Sanction Iran PetroChems

International traders are positioning to snap up Iran’s petrochemical exports as nuclear negotiations near the final stage amid hopes of an agreement. “Iran has a turned into a key priority for anyone involved i...

BP Says US Shale Will Survive Oil Surplus, Iran Agreement

Shale output in the United States will prove resilient to low oil prices likely to be prolonged by the prospect of half a million barrels per day of Iranian crude making its way back to the market, BP’s (BP.L) c...

Iran Expanding its International LPG Ambitions

Iran is hoping to ramp up its sales of liquefied petroleum gas (LPG) after doubling the country’s fleet of carriers for shipment of the fuel to the international market, an energy official has said. Fifteen carriers p...

Asian Crude Buyers on Knife Edge Over Iran Nuke Deal

Asian imports of Iranian crude rose to the highest level this year in May, although buyers may have to curb any further increases if negotiators up against a deadline fail to reach a final deal on Tehran’s dispu...

Iran Building Terminal for 14,000-Ton Oil Tankers in Caspian Sea

Iran is developing an oil terminal in a northern Caspian port to allow docking by large tankers, an official said on Monday. With the development of the terminal, 14,000-ton oil tankers will be able to anchor in the I...

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