Sanctions | Egypt Oil & Gas - Part 15
Iran Charts Oil and Gas Priorities for Post-Sanction Era
The National Iranian Oil Company (NIOC) announced in a statement on Sunday that it has defined 21 top priority oil sector projects. The NIOC added in the statement that the projects will be introduced to investors in ...
‘Floating’ Format for Iran’s New Post-Sanction Petroleum Contracts
Iran said on Saturday that the terms of its new format of oil contracts – that will be unveiled in London in September – will vary according to the structure of the reservoirs and the risk involved in implementing the...
IOCs Must Pay Iran Debts Once Sanctions are Removed, Official
International oil companies’ pending debts to Iran stand around $18 billion, with British, Korean, Indian and Greek processors owing much of the sum, an official says. Royal Dutch Shell, British Petroleum (BP), Indian...
Zangeneh Openly Interested in Drawing Italy’s Eni Back to Iran
Italy’s oil giant Eni said on Sunday it is interested in returning to Iran if sanctions against the country are lifted. Eni, which is seen as one of the largest energy groups of Europe, also said an expected change in...
Russia’s Lukoil Makes Preemptive Iran Comeback
Russian oil company Lukoil said Wednesday it reopened its offices in Iran in anticipation of the full removal of economic sanctions. Lukoil started work in the Anaran reserve area near the border with Iraq in 2003, bu...
Russia to Swap Food-for-Oil, Export Missiles to Iran
Russia paved the way on Monday for missile system deliveries to Iran and started an oil-for-goods swap, signaling that Moscow may have a head-start in the race to benefit from an eventual lifting of sanctions on Tehra...
French Total Eying a Return to Iran’s Post-Sanction Gas Reserves
French energy giant says it cannot ignore Iran’s natural gas potentials and will consider a comeback to the country as soon as the sanctions against it are lifted. “Iran has the world’s second largest gas reserv...
Islamic Finance, Iran Oil Bracing for Post-Sanctions Era
Few people are likely to be counting on a successful conclusion to Iran’s nuclear agreement more than the country’s bankers. Sanctions and loose monetary policy under former President Mahmoud Ahmadinejad led to the hi...
