Rhum field may test Iran policy, report says
A North Sea field being sold by BP could test US policy towards Iran, a news report said.
Iran
The 5 countries that could push oil prices up
Oil prices appear to be stuck in the $50s per barrel, but that doesn't mean there aren't serious supply risks to the market.
Boris Johnson to urge Donald Trump – ‘stay with Iran nuclear deal’
Boris Johnson will urge Donald Trump to show the "far-sightedness" not to quit the Iran nuclear deal, arguing it illustrates the kind of "diplomatic imagination" that could solve the North Korea crisis.
Iran urges Europe to do more to back nuclear deal
Iran's supreme leader has urged Europe to do more to back the 2015 nuclear deal after Donald Trump refused to re-certify the pact.
Opinion: US Iran Sanction – Undoing the JCPOA?
The US Iran Nuclear Agreement Review Act (INARA), enacted in May 2015, calls for the president to issue a certification to Congress every 90 days regarding Iran's compliance with the Joint Comprehensive Plan of Action (JCPOA). If the president fails to issue the certification, INARA provides an expedited process for re-imposing US-Iran sanctions that were lifted under the JCPOA.
Opinion: Iran’s a distraction. The urgent problem is Kurdish oil
The drama around President Donald Trump and Iran's compliance with the nuclear deal has grabbed the oil world's attention. This gaze should shift west. Rising tensions in northern Iraq could have a much more immediate impact on oil flows that could lead prices higher, and squeeze producers and refiners.
UK signs $720million solar deal with Iran despite Trump concerns
The U.K. deepened its economic relationship with Iran in a solar deal worth $720 million less than a day after U.S. President called the Persian Gulf nation a “ rogue state” and threat to global security.
Fate of Iran nuclear deal depends on tough UN policing, Trump says
US president Donald Trump has warned Washington will walk away from its nuclear deal with Iran if it deems that the UN watchdog monitoring the agreement is not tough enough.
Qatar restores diplomatic ties with Iran amid regional crisis
Qatar has restored full diplomatic relations with Iran, defying the demands of Arab nations now trying to isolate the energy-rich country to downgrade its ties.
Iran only needs five days to increase uranium enrichment to 20%
Iran needs only five days to ramp up its uranium enrichment to 20%, a level at which the material could be used for a nuclear weapon, the Islamic Republic’s atomic chief has warned.
US sanctions on Iran ‘breach’ nuclear deal
Iran has repeated its claims that new US sanctions on Tehran signed by US president Donald Trump the previous day constitute a “breach” of the landmark 2015 nuclear deal with world powers.
Iran says it will stand up to US over sanctions
Iran’s president has said that his country will stand up to the United States and reciprocate any new sanctions that America imposes on the Islamic Republic.
US imposes sanctions on 18 Iranians, but nuclear deal holds for now
The Trump administration has slapped 18 Iranian individuals and groups with sanctions for aiding the country’s non-nuclear weapons programmes.
US says Iran complying with nuclear deal
The Trump administration has again told Congress that Iran is complying with the nuclear deal, but insisted Tehran would face consequences for breaching “the spirit” of the agreement.
Total to sign milestone energy deal in Iran for gas field
Iran plans Monday to sign a formal contract with Total SA and China National Petroleum Corp. to develop its share of the world’s biggest natural gas field -- the first investment in the country by an international energy company since sanctions were eased last year.
Globalscot to help North Sea oil firms make splash abroad
Lawyer and Middle East business expert Hugh Fraser has been inducted into a global networking initiative set up to help Scottish firms break international markets.
Conservative drops out of Iran election to back hardline candidate
A conservative candidate has dropped out of Iran’s presidential election to back a hardliner, narrowing the field of those hoping to unseat moderate President Hassan Rouhani.
Petrofac clinches Iran contracts worth $70m
Oilfield service firm Petrofac has won a series of contracts worth more than $70million in Iran.
Iran not acting in ‘spirit’ of nuclear deal, Trump says
Iran is failing to fulfil the “spirit” of its nuclear deal with world powers, US President Donald Trump has declared, setting an ominous tone for his forthcoming decision about whether to pull America out of the landmark agreement.
Iran boosts gas-output capacity with new projects at giant field
Iran, holder of the world’s biggest natural gas reserves, boosted output by inaugurating six projects at the giant South Pars offshore field.
Iran and Middle East could adopt fully renewable electricity systems, report says
Iran can transition to a fully renewable electricity system and financially benefit from it by 2030. Researchers at Lappeenranta University of Technology (LUT) show that major oil-producing countries in the Middle East and North Africa (MENA) region could turn their abundant renewable energy resources into lucrative business opportunities in less than two decades.
Total in talks to buy stake in Iran’s LNG facility, reports claim
Total is reported to be in talks to buy a multi-billion dollar stake in Iran's part built liquefied natural gas (LNG) export facility.
Russia’s Lukoil eyeing up Iran oil fields under rule change
Russia's second top oil producer Lukoil hopes to reach a deal to develop two oilfields in Iran in April, the firm's chief executive has claimed.
Iran sees oil output reaching 4million barrels per day by April
Iran expects its oil production to reach 4 million barrels per day by mid-April, according to a senior official.
Iran ‘unmoved’ by threats over nuclear weapons
Iran’s foreign minister has brushed aside new pressure from the United States, declaring that his country is “unmoved by threats” but responds well to respect.