Sanctions | Egypt Oil & Gas - Part 13
Iran on Verge of Unveiling New Oil Contract Model
Iran’s oil minister Bijan Zanganeh will soon present a long-awaited template for new international oil contracts to the government, as foreign companies watch for a nuclear deal that could allow them into a majo...
Glencore, Latest European Energy Company to Head to Iran
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. Glencore’...
Competition Stiffens Over Post-Sanction Iran PetroChems
International traders are positioning to snap up Iran’s petrochemical exports as nuclear negotiations near the final stage amid hopes of an agreement. “Iran has a turned into a key priority for anyone involved i...
Iran LNG Draws Gazprom’s Attention Ahead of Post-Sanction Era
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. “Gazprom does not rule out it...
Total Pulls Out of Russia’s Shtokman Gas Project
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 R...
Post-Sanction Iran Represents a Threat to US Crude
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, a report prepared for the head of the Senate energy ...
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. Iran and six world powers are seeking to overcome remaining differences wit...
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 the...
