Total said on May 16 that it would pull out of South Pars if it did not receive a waiver from the United States.
Read More »Russia and Turkey End Dispute over Terms of Gas Supplies
The construction was stalled by a legal rift on gas prices.
Read More »Iran Complying with Nuclear Deal
The IAEA is monitoring Iran'.s nuclear programme under the Joint Comprehensive Plan of Action (JCPOA).
Read More »Aramco IPO ‘Most Likely’ In 2019
Saudi Aramco’s much-hyped initial public offering is ``most likely`` to take place in 2019.
Read More »American Oil Boom Tempting Ships to Steer Clear of Iran
The US is shipping record amounts of crude following the end of an export ban in late 2015.
Read More »India Oil Imports from Iran Rose to Highest Level since October 2016
Iran and the major world powers in 2015 signed the nuclear agreement. under which Tehran agreed to curb its nuclear program in exchange for economic sanctions relief.
Read More »Russia will ‘Fight’ for German Pipeline Project despite U.S. Opposition
The pipeline is expected to transport upwards of 55 billion cubic meters of gas annually from Russia to Germany beginning in 2019.
Read More »Yuan Oil Contracts to Strengthen China`s Currency Status
The share of yuan-backed crude oil contracts has soared to 12 percent of global trading since the US withdrawal from the Iran nuclear deal.
Read More »Saudi Arabia. UAE. Russia to Discuss Oil Supplies Following US Withdrawal from JCPOA
St. Petersburg International Economic Forum will be held on May 24-26. 2018.
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.
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