Japan to Import Iranian Oil

• Sunday, 23rd October 2016
• by Egypt Oil & Gas

Japanese traders, including Marubeni Corp and Sumitomo Corp, are looking to resume imports of Iranian oil, potentially by the end of 2016, Reuters reported. Conservative Japanese firms have so far held off taking Iran...

Austrian OMV to Develop Iranian Cheshmeh Khosh Oilfield

• Sunday, 10th April 2016
• by Egypt Oil & Gas

Austrian energy company OMV has announced it was ready to resume developing the Cheshmeh Khosh oilfield in western Iran, Press TV reported. Already in February, OMV CEO Rainer Seele said the company was evaluating the...

Iran to Start Shipping 300,000b/d of Crude to Europe

• Sunday, 7th February 2016
• by Egypt Oil & Gas

Iran will start shipping 300,000 b/d of crude to Europe, 54% of the total it had sent before the European Union’s import embargo in 2012, according to Bloomberg. European refiners, Spanish Compania Espanola de P...