US Rescinds Punitive Tariffs on India Following Shift in Russian Oil Imports

• Sunday, 8th February 2026
• by Samar Samir

US President Donald Trump has signed an executive order rescinding a 25% punitive duty on all imports from India, the White House announced on February 6. The move marks a significant de-escalation in trade tensio ...

BP, EGAS Sanction Atoll Field Development

• Tuesday, 21st June 2016
• by Egypt Oil & Gas

BP has announced that along with its regional partner, the Egyptian Natural Gas Holding Co. (EGAS), it has sanctioned a fast-track scheme to develop the Atoll gas field Phase 1 project in Egypt.

Iran’s China Exports Rise With Post-Sanction Energy Cooperation Plans

• Thursday, 1st October 2015
• by Egypt Oil & Gas

Asian imports of Iranian oil in August rose by 10% from a year ago, said Press TV, adding that China accounted for the lion’s share of this increase of more than 1 m b/d of crude.

EU Court Accepts Iran Gas Companies Appeal over Sanctions List

• Sunday, 2nd August 2015
• by Egypt Oil & Gas

The European Union has removed two Iranian oil companies from its sanctions list, the first such action since Iran reached a nuclear agreement with world powers earlier this month

Oil Prices Gyrate with Ups and Downs of Iran Nuclear Deal

• Tuesday, 31st March 2015
• by Egypt Oil & Gas

Oil settled down for a second straight session on Monday as Iran and six world powers tried to negotiate a deal on Tehran's nuclear program that could end Western sanctions and allow the OPEC member to ship more crud ...

Iran Vociferously Denies it Intends to Store Its Uranium in Russia

• Monday, 30th March 2015
• by Egypt Oil & Gas

A senior Iranian nuclear negotiator categorically rejected an AP report on the transfer of Iran's enriched uranium stockpile to Russia under an imminent deal between Tehran and the six world powers.