OPEC will welcome Iran’s full return to the oil market when sanctions are lifted, the secretary general of the Organization of the Petroleum Exporting Countries (OPEC) told the Iranian oil ministry’s website SHANA on Monday. “We believe that Iran is a responsible player amongst its family members, the countries in the OPEC group. I’m sure […]
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US threatens Iran with “further isolation and sanctions” after breach of uranium enrichment limit
Secretary of State Mike Pompeo tweeted out a warning after Iran surpassed the limit on uranium enrichment as agreed in the 2015 nuclear deal
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US ends waivers on Iran oil sanctions, KSA says it will keep oil market stable
Khalid Al-Falih issued a statement asserting the nation’s role as a stabilising force in the global energy market
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After $11bn investment, Iran’s South Pars gas output to hit 26.4bn cubic feet per day by late 2019
The oil ministry’s news agency Shana said that “for the first time, Iran’s gas recovery from South Pars joint gas field exceeds that of Qatar”
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Arabian oil and gas exports under threat from Iran
Iranian officials play up “ease” of shutting vital export corridor