US | Egypt Oil & Gas - Part 11

Iran Sanctions: Japan May Halt Crude Imports from October

Japanese oil distributors plan to suspend Iranian crude imports in October before US sanctions become effective on November 4.

Iran Sanctions: Hellenic Petroleum Suspends Purchases of Iranian Crude

Greek company Hellenic Petroleum suspended purchases of Iranian crude oil in June because of the recently reimposed US sanctions, a company official announced on August 30.

Iran Sanctions: India Will Not Cut Iran Oil Imports to Zero

India will not cut all its crude exports from Iran, a senior Indian government official told Reuters.

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.

Qatar Petroleum Invest $20B in US Oil and Gas

Qatar Petroleum will invest $20 billion over five years in US oil and gas fields.

Iranian South Pars Gas Condensate Exports Rise by 149%

Exports of gas condensate from Iran’s South Pars gas field rose by 149% in May 2018.

EU Legislation to Circumvent US Sanctions on Iran

The European Union is updating legislation to allow European companies to avoid US sanctions when doing business with Iran.

Iran, Pergas Sign Deal to Develop Keranj Field

Iran and international consortium Pergas have signed a preliminary deal for the development of an oil field in southwestern Iran.

Iran: Domestic Companies Capable of Developing Farzad B Gas Field

Iran will award Farzad B gas field to domestic Iranian contractors if India withdraws from negotiations over the field’s development.

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