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Tag Archives: Iran sanctions

Energy Pipeline: Iran nuclear deal weighs heavy on minds at oil, gas conference

DENVER — The Iran nuclear deal weighed heavy on oil industry minds in late August as they discussed global and domestic energy policy at the Colorado Convention Center. The 100-page agreement, which would lift sanctions against the country, allowing the country back into the world energy market, and supposedly limit its nuclear powers. It is a deal that’s drawn the ...

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Iran to announce oil output rise at next OPEC meeting – Shana

DUBAI – Iran will officially notify producer group OPEC in December of its plans to raise its crude oil output by 500,000 barrels per day (bpd), the Iranian oil minister said on Saturday. “We…ask them to respect the 30-million-barrel ceiling which they have agreed,” Bijan Zanganeh was quoted as saying by Shana, the ministry’s news agency. “Iran is prepared to ...

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Russia offers gas, oil swap deals to Iran

MOSCOW – Russian Energy Minister Alexander Novak said on Friday Kremlin-controlled gas producer Gazprom has offered gas supplies to Iran under a swap arrangement, and similar oil deals were also under consideration. Moscow has boosted efforts to foster political and economic ties with Tehran and increased its activity after a decision in July to lift international sanctions on Iran in ...

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Iran to ink oil deals worth tens of billions of dollars in next two years

Oil contracts worth tens of billions of dollars will be signed within the next two years, oil minister Bijan Namdar Zangeneh said in Tehran on Monday, quoted by state news agency Irna. ‘The post-sanction era is a proper opportunity for cooperation of Iranian legal institutions with international companies,’ he told reporters at the opening of an energy law conference in ...

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Iran to launch new oil projects, sees post-sanctions supply boost

LONDON – Iran will introduce more than 50 exploration and production projects to investors in the near future, the country’s chief negotiator for new oil contracts said on Tuesday. Seyed Mehdi Hosseini, head of Iran’s Oil Contracts Restructuring Committee, told the Oil & Money conference in London the contracts would be introduced in Iran this year and at a conference ...

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Iran postpones London oil conference to Feb 2016

LONDON – Iran has postponed a crucial conference to present new oil contracts to investors in London to February 2016 from December 2015 as industry sources said Tehran was still waiting for Western sanctions to be lifted. The global oil industry has been eagerly watching Tehran’s plans for the conference as Iran, OPEC’s third largest oil producer, holds the world’s ...

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