Iran | Egypt Oil & Gas - Part 83
Iran: OPEC Agrees Oil Price Still Unfair
Minister of Petroleum Bijan Zangeneh says Iran is not satisfied with current oil prices after OPEC decided to maintain production levels unchanged at its Friday meeting in Vienna. “We are not satisfied with the curren...
Shell CEO Proclaims Iran a Wonderful Country with Fantastic Resources
European oil majors are for the first time openly declaring interest in Iran in anticipation of a possible end to sanctions against the country over its nuclear program. Leaders of Royal Dutch Shell Plc, BP Plc and To...
Azerbaijan Opening its Doors to Transiting Iranian Gas
Azerbaijan’s minister of energy says the Islamic Republic can join Trans-Anatolian Pipeline (TANAP) in order to export its natural gas to European countries. Addressing the International Caspian Oil and Gas conf...
Iran Makes Strong Push into Renewables with Wind Farm Projects
The Renewable Energy Organization of Iran (SUNA) will buy 80 wind turbines this year for power generation, SUNA’s Iraj Hersini says. The southeastern Sistan-Baluchestan province is the primary candidate site, with oth...
Debt and Payments Scheme Agreed between Iran and China
Iran and China have agreed on a new arrangement for crude oil payments under which Beijing will reimburse part of the money owed to Tehran in cash, a leading Iranian trader said on Monday. China is the biggest buyer o...
Iran: Pirate Attacks Rising but Oil Still Safe
Pirate attacks targeting commercial shipping, including oil cargo, have sharply increased, Managing Director of National Iranian Tanker Company (NITC) Ali Akbar Shafa’ie has said. “Between 2007 and 2008 when maritime ...
Iran Public Sector to Expand PetroChems for Post-Sanctions Era
An Iranian deputy minister of petroleum says the country’s petrochemical production capacity will reach 180 million tonnes in next 10 years despite international sanctions imposed on Iran’s energy and financial ...
April Not a Good Month for Iran’s Japan Oil Exports
Official figures show Japan’s imports of crude oil from Iran saw a major plunge in April. Figures show the country imported 72,000 b/d of Iranian oil in the month. This is about 72% lower than imports in March that st...
