Sanctions | Egypt Oil & Gas - Part 4
Iran’s Oil Exports Surpass 2mb/d
Iran's oil exports have surpassed 2mb/d following the lifting of sanctions, Oil Minister Bijan Zanganeh said. According to released data, Iran’s overall crude output now stands at 3.2mb/d, the highest level since May ...
Russia’s Rosneft to Solo Drill First Offshore Well
Russia’s largest oil producer Rosneft will start drilling its first international offshore well as a sole operator off the south coast of Vietnam this month.
Iranian Crude Cargo Reaches Europe
The Monte Toledo oil tanker became the first to have delivered Iranian crude into Europe since mid-2012, after the economic sanctions on Tehran were lifted earlier in January 2016. The tanker carried a haul of 1m bar ... Iran’s Oil Industry Is in Need of $200b in Investments
Iran's Ministry of Petroleum stated that the country's oil industry is in need of $200b in investments in the upstream and downstream sectors as the domestic fund are insufficient.
Iran Sets $200b Investment Target for Oil Sector
Iran’s oil and gas sector needs an injection of $200b worth of investments, according to Iran’s Minister of Petroleum, Bijan Zangeneh, stated. $130b is required for upstream, while the remainder is needed for proces ...
Iran to Build $1.8b Refinery in Spain
As recent sanctions relief allows Tehran to resume oil delivery to Europe, Iran will build a $1.8b refinery in Spain with planned capacity to produce 120,000b/d of oil. Tehran Protests Oppose Iranian Petroleum Contracts
Iran's Oil Ministry has recently witnessed demonstrations criticizing the terms of the new Iranian Petroleum Contracts (IPCs) organized by student protesters, who are aligned with the Basij, a hard-line militia forme ...
Iran’s Long Awaited London Conference Postponed
Iran has cancelled a long-awaited oil conference in London meant to invite further bids from foreign companies under Iran Petroleum Contract (IPC).
