Sanctions | Egypt Oil & Gas - Part 15

Saudi Prince: Iran Nuke Deal Introduces Needless Global Instability

Any terms that world powers grant Iran under a nuclear deal will be sought by Saudi Arabia and other countries, risking wider proliferation of atomic technology, a senior Saudi prince warned on Monday in a BBC interview.

Iran: Steadfast Over Nuclear Power, Sorting Details Out with US

Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi stressed that Iran's redlines for any final nuclear deal with the Group 5+1 (the US, Russia, China, Britain and France plus Germany) remain uncha ...

Russian Billionaire Mikhail Fridman Buys RWE DEA Production Unit

German utility RWE said it had closed the sale of its oil and gas production unit DEA to Russian billionaire Mikhail Fridman, confirming what a source familiar with the matter told Reuters earlier on Monday.

Defying Sanctions, Russian Oil Production Steady

MOSCOW, Russian oil output was broadly unchanged in February, at 10.65 million barrels per day (bpd), as a rise in production at smaller producers offset a drop in output from Rosneft and others, Energy Ministry prel ...

Iran: Latest European Tanker-Sanctions Driven by Politics

Managing director of the National Iranian Tanker Company (NITC) rapped the European Union (EU) for putting the country's biggest tanker firm back on the list of sanctioned Iranian entities, slamming the move by the b ...

Iran Diverting Billions to Oil and Gas Development

Iran will withdraw up to $4.8 billion from its sovereign wealth fund to spend on developing its oil and gas fields next fiscal year under a proposal approved by parliament.

Khamenei Lashes Out at Sanctions, Threatens Export Response

Iran’s Ayatollah Ali Khamenei warned that the OPEC member will stop exporting oil and natural gas if international sanctions against it stay in place, the official IRNA news agency reported, citing a speech he made i ...

Iran Ups Fuel Oil Revenues Even with Sanctions

Iran has earned $1.35 billion for selling more than 3 million tonnes of fuel oil in the 10 months to January 21, up 30% in revenue from the same period of last year, oil ministry news website Shana cited an official ...

Sanctions Proposed Against Those Buying ISIS Oil

A proposed U.N. resolution to crack down on the financing of terrorist groups calls for sanctions on individuals and companies trading oil produced by the Islamic State and other al-Qaida-linked groups.

Iran to Outstrip Qatar in Natural Gas Production by 2018

Iran says it will overtake Qatar in production of natural gas from a major field shared between the two countries within the next three years.

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