Sanctions | Egypt Oil & Gas - Part 8

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

Obama Issues Waivers as Iran Prepares Investment Laws

President Obama has just signed an order directing his administration to begin issuing waivers to Iran's nuclear sanctions

IAEA Last Hurdle to Iran Sanctions, Energy Projects

German foreign minister Frank-Walter Steinmeier arrived in Iran for first extended visit to the country for a German official of his rank in 12 years

Japan Making Way Back to Post-Sanction Iran Crude Market

Executives of Japan's Showa Shell Sekiyu arrived in Tehran on Monday

Iran Postpones Major Oil Conference to February

The "Iran Oil and Gas Summit Post Sanctions" event in Britain's capital is scheduled for February 22-24, said Seyed Mehdi Hosseini, head of the country's oil contracts re-negotiation team

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