Britain’s Quercus Pulls Out of Iranian Solar Plant Deal
British renewable energies investment company Quercus announced it will stop building a $570 million solar power plant in Iran due to the recently imposed sanctions on the Islamic Republic.
US sanctions | Egypt Oil & Gas - Part 4
India’s Reliance Industries to Stop Iran Oil Imports
Reliance Industries Limited (RIL) announced that it will stop importing Iranian crude from November to comply with US sanctions on the Islamic Republic.
Turkey Vows to Keep Buying Iranian Oil Despite US Sanctions
Turkey has rejected US pleas to curtail crude imports from Iran, telling US officials that it is under no obligation to implement Washington's sanctions regime against Tehran.
Iran Becomes India’s Second Highest Oil Supplier
Iran overtook Saudi Arabia to become the second biggest oil supplier to Indian state refineries between April and June 2018.
Iran Prepares to Allow Private Companies to Export Oil
Iran is looking towards private companies to export its oil as part of its strategy to counter US sanctions, state media and officials announced on July 1.
Iran Sanctions: Pergas Consortium Ready to Replace Foreign Contractors
Pergas International Consortium will replace international companies unable to continue work in Iran because of the upcoming reimposition of US sanctions.
Iran Sells First Cargo of West Karoun Crude to Repsol
Iran has sold its first cargo of West Karoun crude oil to Repsol.
Saudi-Iranian Tension Expected in OPEC’s June Meeting
Iran has stated that it doesn't support Saudi Arabia’s desire to increase global oil supplies.
Chinese Firm To Invest $2B In Iran Oil Refinery
A Chinese investment firm will spend $2 billion on building an oil refinery in the northern Iranian province of Mazandaran.
