Sanctions | Egypt Oil & Gas - Part 5
Iran Plans to Seal Long-Term Oil Sales with Europe
Director for International Affairs of NIOC said that Iran is working on a program that helps convert its spot oil purchase contracts with European partners into long-term agreements.
Japan to Invest $10b in Iran
Japan and Iran have signed a bilateral agreement for $10b debt guarantee investments in various sectors in the country, after Tokyo lifted trade sanctions against Tehran.
Nigerian Environmental Groups Call for Audit at Agip Oilfields
The Environmental Rights Action / Friends of Earth Nigeria (ERA/FoEN), called for a comprehensive audit of safety procedures at Agip oil fields in Bayelsa following frequent fatal explosions.
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 ...
