Debt and Payments Scheme Agreed between Iran and China

• Tuesday, 2nd June 2015
• by Egypt Oil & Gas

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...

Syria Turmoil, Oil Debts Prompt Gulfsands to Rethink Leadership

• Wednesday, 15th April 2015
• by Egypt Oil & Gas

Gulfsands Petroleum Plc said it removed Mahdi Sajjad as chief executive and appointed Alastair Beardsall, a nominee of its top shareholder, as executive chairman with immediate effect. The oil and gas producer has bee...