nuke deal | Egypt Oil & Gas

Iran Plans to Boost Oil Output by 500,000 Barrels a Day

Iran has announced plans to boost its oil production by 500,000b/d, taking advantage of the final removal of sanctions in mid January, said Reuters. Plans are already under way to boost production from oilfields Iran ...

Iran Invites Global Partners for Gas, LNG Ambitions

Iran is dramatically increasing its natural gas export capacity in preparation for the lifting of international sanctions, President Hassan Rouhani said during the second day of the Gas Exporting Countries Forum (GECF...

Russia to Exchange Nuclear Technology for Iranian Uranium

A Kremlin decree published on Monday showed that Russia has eased an export ban on nuclear equipment and technology to Iran, reported Reuters. The decree was issued on the same day as Putin arrived in Iran on an offic...

World Powers to Aid in Iran’s Arak Reactor Redesign

A document released by Iran’s state news agency IRNA proves that United States, Britain, France, China, Russia plus Germany are all helping Iran redesign its Arak heavy water reactor so that it cannot produce we...

Iran Nuclear Derogation Wins International Accolades

Iran has disconnected almost a quarter of its uranium-enriching centrifuges in less than a month, the UN nuclear watchdog announced last week, reported Reuters. This would indicate that the country is racing to implem...

Iran Decommissions Centrifuges During Nuclear Visit to Japan

Iran has begun decommissioning uranium enrichment centrifuges under the terms of the July nuclear deal, Reuters quoted Ali Akbar Salehi, chief of the Atomic Energy Organization of Iran (AEOI), as saying during a visit...

Iran Prepared for All Eventualities of Oil Export Resumption

Iran’s Oil Minister, Bijan Zangeneh, has downplayed fears that the return of Iranian crude will further dampen oil prices, saying confidently that “we have vaccinated the market against this issue,” reported Press TV....

Iran Lays Limits on Domestic Ownership of Post-Sanction Ventures

Seyed Mehdi Hosseini, chairman of the Iranian Oil Ministry’s Oil Contract Restructuring Committee, told the Financial Times that domestic companies should be entitled to a minimum 20% share of any joint venture projec...

Obama Issues Waivers as Iran Prepares Investment Laws

President Obama has just signed an order directing his administration to begin issuing waivers to Iran’s nuclear sanctions, reported USA Today. The presidential memorandum marks what has being called the “...

IAEA Last Hurdle to Iran Sanctions, Energy Projects

German foreign minister Frank-Walter Steinmeier arrived in Iran for the first extended visit to the country for a German official of his rank in 12 years, reported Deutsche Welle. This was ahead of the final removal o...

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