Sanctions | Egypt Oil & Gas - Part 12
Iran Poised to Retake Market Share with Super-Tanker Storehouse
Iran is storing as much as 40 million barrels of oil on supertankers at sea as it prepares for a sales drive if a nuclear deal can be sealed.
Despite EU Sanctions, European Companies Still Seeking Deals with Russia
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 ...
Shell CEO Proclaims Iran a Wonderful Country with Fantastic Resources
European oil majors are for the first time openly declaring interest in Iran in anticipation of a possible end to sanctions against the country over its nuclear program.
Azerbaijan Opening its Doors to Transiting Iranian Gas
Azerbaijan's minister of energy says the Islamic Republic can join Trans-Anatolian Pipeline (TANAP) in order to export its natural gas to European countries.
Russian Oil Company Begins Trading in Chinese Currency Amid Continued Sanctions
Gazprom Neft, Russia’s third-largest oil producer, is now settling all of its crude sales to China in renminbi, in the most clear sign yet that western sanctions have driven an increase in the use of the Chinese curr ...
Iran Public Sector to Expand PetroChems for Post-Sanctions Era
An Iranian deputy minister of petroleum says the country’s petrochemical production capacity will reach 180 million tonnes in next 10 years despite international sanctions imposed on Iran's energy and financial sectors.
ExxonMobile Rejects Spurious Reports of Lobbying on Iran Sanctions
ExxonMobil has rejected as "inaccurate" media reports that it is lobbying the US government on Iran sanctions .
Iran: Only a Good Nuke Deal Will Do
An Iranian nuclear negotiator says the Islamic Republic seeks a "good" deal with the P5+1 countries over Iran's nuclear program, stressing, however, that Tehran will not cave in to any excessive demands by the opposi ...
