Iran-Owned UK Gas Field to Continue Operations

• Tuesday, 6th November 2018
• by Editorial Team

The UK’s Rhum gas field, in which the National Iranian Oil Company (NIOC) holds 50%, will continue working after meeting US sanctions conditions against Iran, the field’s future operator, UK’s Serica Energy said. NIOC...

Iran To Sell Oil to Asia at Discount

• Wednesday, 15th August 2018
• by Editorial Team

Iran plans to sell discounted oil to the Asian market as a way to mitigate losses caused by US sanctions on the country, BasNews reported. “The discount is part of the nature of the global markets being offered ...