Iran | Egypt Oil & Gas - Part 86
Iran and US Trade Claims Over Oil Contracts, Meetings Claims
The US State Department says it cannot confirm a report that an American oil delegation plans to visit Tehran within the next few days to discuss business. State Department spokesman Jeff Rathke told reporters at a da...
Iran Turns Down Indian Firms Over Developing Farzad B Gas Field
Following years of dawdling over development of Iran’s Farzad B gas field by Indian companies, Iran has rejected the latest package proposed by an Indian delegation for the development of the field. According to...
Iran Could Become Conduit of Turkmenistan Gas Headed for EU
EU’s energy chief says he has discussed the possibility of transiting Turkmenistan’s gas via Iran with the Central Asian state’s leader. European Commission Vice President Maros Sefcovic made the announcement after ta...
South Africa Eyeing Iranian Energy Sector, Fuel Exports
An Iranian Petroleum Ministry official says South Africa seeks to ink memorandums of understanding (MoUs) with the Islamic Republic in different energy sectors. Mohsen Qamsari, the director of the international affair...
US Oil Futures Steady Despite Iranian Incident
U.S. oil benchmark futures held steady around $57 a barrel before government data forecast to show crude inventories expanded from a record. Crude stockpiles probably topped 490 million barrels last week for the first...
Iran Facing Gas Crunch thanks to ‘Wasteful’ Domestic Consumption
Iranian officials have issued fresh warnings over the rising consumption of natural gas in the country. The National Iranian Gas Company (NIGC) said on Monday that Iran will not have enough gas to provide the houses i...
Iran Gas Leak Blamed on Negligent Workers, Several Injured
A gas leak at the Arak oil refinery in central Iran injured seven workers on Sunday, four of them critically, the semi-official Fars news agency reported. The leak at the sour water processing unit was blamed on worke...
Iran Charts Oil and Gas Priorities for Post-Sanction Era
The National Iranian Oil Company (NIOC) announced in a statement on Sunday that it has defined 21 top priority oil sector projects. The NIOC added in the statement that the projects will be introduced to investors in ...
