Sanctions | Egypt Oil & Gas - Part 5
Iran Starts Nuclear Power Cooperation with Russia and China
Iran is launching nuclear power cooperation with Russia and China following the end of sanctions. Tehran will launch work on the second and third power units at the Bushehr nuclear power plant, in cooperation with Ru ...
White House Removes Nuclear Sanctions on Iran
The White House announced that President Barack Obama had signed an executive order lifting the US economic sanctions on Iran over its nuclear program.
Saudi Oil Minister: Multilateral Cooperation Will Achieve Oil Stability
The Saudi Oil Minister, Ali al-Naimi, said that oil-market stability would only be achieved through cooperation among major oil producers, but that this would likely take time.
Iran Needs $20b for South Pars Gas, Refinery Projects
Iran has announced that it needs a $20b investment, paid in $600m monthly installments, to launch the remaining phases of its South Pars Gas Field project in the Bushehr province, in order to be able to complete the ...
EU Expects Nuclear Sanctions on Iran Lifted Soon
The EU expects sanctions on the Islamic Republic to be lifted shortly as Iran's efforts to implement the July 2015 nuclear deal are proceeding in line with the terms of the agreement and according to the schedule.
Iran Completes $6b Gas Development Through Local Efforts
Iran has brought two more operations online in its biggest South Pars gas field in Asaluyeh, the Phases 15 and 16, at a total cost of $6b.
Iran to Build Spanish Refinery for Post-Sanction Export Push
Iran is in talks to help build a 200,000 b/d refinery in Spain, as part of Tehran's long-term strategy to maximize its oil market share after the removal of sanctions.
Japanese Buyer Renews Commitments to Iranian Crude
JX Nippon Oil & Energy Corp., a crude oil lifter, has renewed its annual term oil purchase volumes from Tehran for 2016, with the volumes remaining unchanged under the new contract as of January.
