Sanctions | Egypt Oil & Gas - Part 16

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.

Iran: Oil Companies Eager for Lifting Sanctions

Minister of Petroleum Bijan Namdar Zangeneh says foreign energy companies are waiting to pounce on Iran’s oil and gas projects once sanctions are lifted.

Iran’s South Pars Gas Decline

Iran has reduced the gas resource at Phase 12 of the South Pars field in the Persian Gulf.

Iran Bounce Back Plans with World Largest Tanker

Aptly called ‘Persian Gulf,’ Iran’s FSU oil terminal is the country’s newest trump card as world’s largest oil tanker in highly shaky oil prices.

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