US | Egypt Oil & Gas - Part 9

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.

Iran Deal: Saudi Arabia Will Not Act Unilaterally in Oil Markets

Riyadh is working closely with the UAE and Russia on "coordination and market consultations," regarding the impact of US President Donald Trump’s decision to pull out of the 2015 Iran nuclear deal, an OPEC source ...

UAE Replaces Qatar Condensate with US Oil Cargo

Abu Dhabi National Oil Company (ADNOC) purchased an American Eagle Ford condensate cargo in a tender for September arrival.

Aramco to Invest $18b in Expansion in the Americas

Saudi Aramco plans to spend $18b in the next five years to expand its operations in the Americas.

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