Tag Archives: Iran

Oil giant is in the process of selling its stake in the Rhum field to a smaller British company.

The Iranian government has given Pertamina an early May deadline to seal a deal for developing Iran’s Mansouri oil field.

Condensate output is slated to reach 1 million barrels a day upon the launch of all phases of South Pars.

British Pergas seems to do little business in the United States. which potentially boosts its freedom to operate in Tehran.

French energy giant Total this week announced it will pull out of a major gas project in Iran by this fall unless U.S. sanctions are waived.

Ardakanian held a meeting on Thursday with Altmaier during which the two sides explored ways of boosting bilateral ties in water and energy fields.

Iran. which has the world’s fourth-biggest oil reserves. produces about 3.8 million barrels of oil per day.

U.S. President decision to quit a multinational nuclear deal would not affect Tehran’s oil exports if the EU could salvage the pact.

Total said Wednesday it had halted plans to help develop Iran'.s giant South Pars gas field.

On May 8. US President Donald Trump announced that his country would exit the 2015 nuclear deal.