North Sea firms urged to look east following lifting of trade sanctions in Iran
North Sea companies have been urged to look east following the lifting of trade sanctions in Iran.
sanctions
Tom Stocker: Legal risks of trading in Iran still exist
The lifting of sanctions on Iran is good news for Scottish exporters and oil and gas service companies, but a legal expert has warned that with a US trade embargo still in place, Western banks remain reluctant to support Iranian related businesses.
Jamie Stark: Iran opens up to North Sea expertise
There is quite a difference between EU sanctions lifting on implementation day than in the US.
Iran kicks off plan to boost oil exports as sanctions lifted
Iran is beginning efforts to boost oil production and exports amid a global supply glut after the removal of sanctions that shackled its economy and capped crude sales.
Lukoil plans to sign oil accord in Iran after tax-law changes
Lukoil PJSC, Russia’s second-largest oil producer, plans to sign a deal on exploration and production with Iran following changes in the Persian Gulf nation’s tax laws. Vagit Alekperov, Lukoil’s billionaire chief executive officer, said he plans to meet with Iran’s Oil Minister Bijan Namdar Zanganeh when the Organization of Petroleum Exporting Countries gathers in Vienna in December.
Iran’s top leader says no nuclear deal unless sanctions are lifted
Iran’s supreme leader says world powers must lift international sanctions and not merely suspend them as part of a landmark nuclear agreement. Speaking to a group of clerics, Ayatollah Ali Khamenei said “there will be no deal” if the sanctions are not lifted. His remarks were read by a state TV anchorman.