sanction | Egypt Oil & Gas

BP, EGAS Sanction Atoll Field Development

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

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

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

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

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.

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