Sanctions | Egypt Oil & Gas - Part 18
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. The Russian-sp...
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’s Minister of Petroleum Bijan Namdar Zangeneh has emphasized that the...
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. The Islamic Republic is in talks with the US and the Europeans ...
Iran’s South Pars Gas Decline
Iran has reduced the gas resource at Phase 12 of the South Pars field in the Persian Gulf. According to Mahmoud Javadian, drilling manager of Petro Pars, new data from appraisal wells suggest the available resource is...
Iran Bounce Back Plans with World Largest Tanker
In a time of plunging oil prices in world markets, Iran’s inauguration of its floating oil terminal would help reduce costs of production, transportation, unloading, and exports of crude oil; with oil prices sinking d...
Iraq Displaces Iran as India Supplier
India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) has replaced Iran with Iraq in its list of oil suppliers and has purchased its first cargo of Basra Light from Baghdad. Reuters reported on Monday that the purc...
Eased Iran Sanctions Raise China Demand
China’s crude oil imports from Iran jumped by nearly 30% last year to their highest average level since 2011, customs data show, as Iran’s largest oil client boosted shipments after an interim deal eased sanctions on ...
IMF: oil prices to jump 30% on Iran sanctions
Oil prices will gain 30 percent on average in 2012 compared with a year earlier on possible supply disruption from Iran, the International Monetary Fund warned. The IMF in its new annual report of World Economic outlo... 
