French Foreign Minister Laurent Fabius says three sticking points in the ongoing negotiations between Iran and the P5+1 group of countries are blocking a final nuclear deal.
Anglo-Swiss commodity trader Glencore is the latest European energy entity to send its executives to Tehran in search of business opportunities amid hopes of a nuclear deal with Iran, a Thursday report said.
Russia’s Gazprom has announced its interest in Iran’s liquefied national gas (LNG) projects after an official said Tehran planned to revive them which are suspended under sanctions.
Total said on Wednesday it had pulled out of the Shtokman natural gas project in the Barents Sea, with development of one of the world’s largest untouched gas fields apparently falling victim to Western sanctions in ...
If the United States does not lift its 40-year ban on crude exports, Iran could soon be competing in global markets that would be mostly shut to U.S. oil companies
Europe’s biggest oil groups are extending business deals with their Russian energy partners despite this month’s EU vote to continue imposing sanctions, highlighting how western companies are learning to live with th ...