Saudi Arabia to Cover Iranian India Supply Losses in November
Saudi Arabia is preparing to export an additional 4 million barrels of crude to India in November.
Sanctions | Egypt Oil & Gas - Part 4
EU Legislation to Circumvent US Sanctions on Iran
The European Union is updating legislation to allow European companies to avoid US sanctions when doing business with Iran.
Iran, Pergas Sign Deal to Develop Keranj Field
Iran and international consortium Pergas have signed a preliminary deal for the development of an oil field in southwestern Iran.
Oil Reaches $80 for First Time since November 2014
Oil prices reached $80 a barrel on May 17, driven by concerns over falling supplies due to renewed US sanctions on Iran.
Iran: Domestic Companies Capable of Developing Farzad B Gas Field
Iran will award Farzad B gas field to domestic Iranian contractors if India withdraws from negotiations over the field’s development.
Iran Deal: Saudi Arabia Will Not Act Unilaterally in Oil Markets
Riyadh is working closely with the UAE and Russia on "coordination and market consultations," regarding the impact of US President Donald Trump’s decision to pull out of the 2015 Iran nuclear deal, an OPEC source ...
Oil Spikes as Trump Exits Iran Deal
Oil prices rose more than 2% on May 9, after President Donald Trump announced the US withdrawal from the Iran nuclear deal and a reimposition of the "highest level" of sanctions on Tehran.
South Korean Imports from Iran Fall in March
South Korean imports of Iranian crude oil dropped by 39.3% year-on-year (Y.o.Y) in March 2018, the county’s customs data showed.
Essar Oil Pays $2.5B in Debt to Iran
Indian company Essar Oil has paid $2.5 billion in debt to Iran.
