Sanctions | Egypt Oil & Gas - Part 7
IEA says Saudi Arabia, Russia Losing Out to Iraq and Iran
The International Energy Agency cited market sources on Friday as saying Tehran would be able to sell at least an extra 400,000 b/d to buyers in Asia and Europe when the sanctions are lifted.
Iran Signs 1,250 MW with Germans for Post-Sanction Electricity Demands
Iran’s Ministry of Energy signed an agreement with a German company to build 1,250 megawatts of solar energy projects.
South Africa to Discuss Oil Refinery with Iran
South Africa is considering building an oil refinery that will process Iranian crude to bolster its petrol supply and reduce its dependence on foreign companies.
Iran Upgrading Refineries, Petrochemicals for Post-Sanction Era
Talks have been held with Japanese and Korean firms to invest in Iran’s renovation and improvement of oil processing facilities, Abbas Kazemi, head of the National Iranian Oil Refining and Distribution Company, annou ...
Oil Prices, Post-Sanction Iran Prompt GCC Maintenance Cost Cutting
Gulf oil producers are delaying some field maintenance until next year to keep production high and reduce costs, forecasting weaker oil prices in 2016.
Iran Decommissions Centrifuges During Nuclear Visit to Japan
Iran has begun decommissioning uranium enrichment centrifuges under the terms of the July nuclear deal, Reuters quoted Iran's Atomic Energy Organization (AEOI) chief Ali Akbar Salehi as saying during a visit to Tokyo.
Iran Prepared for All Eventualities of Oil Export Resumption
Iran’s Oil Minister, Bijan Zangeneh, has downplayed fears that the return of Iranian crude will further dampen oil prices, saying confidently that “we have vaccinated the market against this issue,” reported Press TV.
Iran Lays Limits on Domestic Ownership of Post-Sanction Ventures
Seyed Mehdi Hosseini, chairman of the Iranian Oil Ministry’s Oil Contract Restructuring Committee, told the Financial Times that domestic companies should be entitled to a minimum 20% share of any joint venture project
