Sanctions | Egypt Oil & Gas - Part 17
Iran Keen to Exploit Rift Between Senate and US Oil Companies
The US oil companies taking position against Republican senators who recently wrote a letter warning Iran against a nuclear deal with the US will be rewarded, a senior Iranian oil official says. “Now that [Iran’s nucl...
Iran: Expanding Energy Cooperation with Strategic Partners After Sanctions
Iran’s Minister of Petroleum Bijan Namdar Zangeneh has described energy cooperation with China as “a strategic decision,” reiterating that Tehran is ready to expand ties with Chinese companies after anti-Iran sanction...
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 intervi...
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 ...
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. The terms...
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 preli...
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 ...
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. The decision to dip into the National Develo...
