Shell Repays $1.94b Oil Debt to Iran

• Tuesday, 8th March 2016
• by Egypt Oil & Gas

Royal Dutch Shell has paid $1.94b it owed to the National Iranian Oil Company, settling debts after sanctions against the country were lifted in January.

Iran to See Foreign Oil Companies Paying Off Debts in Euros

• Thursday, 11th February 2016
• by Egypt Oil & Gas

Iran says foreign firms, which owe the country its oil money, are ready to settle their debts, with Greece’s Hellenic Petroleum, Italy’s Saras, and Royal Dutch Shell owing Iran altogether about $4b.

Iran Utilizing Investments, Debts for Market Share Ambitions

• Monday, 24th August 2015
• by Egypt Oil & Gas

“We will be raising our oil production at any cost and we have no other alternative,” said Oil Minister Bijan Namdar Zanganeh,