On May 8. US President Donald Trump announced that his country would exit the 2015 nuclear deal.
Read More »Total will Quit Iran Gas Project if no Sanctions Waiver
Total holds a 50.1 per cent stake in the South Pars project.
Read More »Nord Stream 2 Pipeline Officially under Construction in Germany
Work has officially begun to build the German section of a contested gas pipeline from Russia that is opposed by Poland and other countries.
Read More »Iran Asks Chinese Oil Buyers to Maintain Imports after US Sanctions
China. the world'.s top crude oil buyer. imported around 655.000 barrels a day on average from Iran in the first quarter of this year.
Read More »Europe to Get Rid of US Dollar in Payments for Iranian Oil
Mogherini stressed that the sides should jointly work on the lifting of sanctions as an integral part of the historic nuclear deal.
Read More »S Korea: Iranian Crude Imports Fall 25% on year to 9.09 mil Barrels in Apr
The rise in crude oil imports in April came despite a sharp increase in the country'.s crude stockpiles.
Read More »Turkey to Launch Gas Pipeline to Europe in June that will Bypass Russia
Turkey will start deep-sea drilling in the Mediterranean this summer.
Read More »China Commitment With Iran for Oil Imports
Currently. analysts believe the sanctions could take between 200.000 and up to a million bpd of Iranian crude off global markets.
Read More »Oil could Breach $80 Due to Trump’s Iran Sanctions
Iran is one of the world’s largest oil producing countries.
Read More »Cyprus-Egypt Gas Deal Expected Soon
Egypt is moving towards self-sufficiency in gas and becoming the Middle East’s energy hub.
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