Page 7 - Basrah Light News Today : Breaking News, Live Updates & Top Stories | Vimarsana

India still interested in Farzad B gas field as refineries eye Iran crude India is still hopeful it can participate in the Farzad B natural gas field development in the Persian Gulf after Iran decided to go ahead with the project without foreign participation, oil ministry officials told S&P Global Platts on May 23. With US and Iran talks progressing to end sanctions against the Middle East country, some Indian refiners also told Platts they are looking forward to resuming crude trade with Iran. “Any positive development on Iran would reduce crude price and help consuming countries like Ind...

India is still hopeful it can participate in the Farzad B natural gas field development in the Persian Gulf after Iran decided to go ahead with the project without foreign participation, oil ministry officials told S&P Global Platts on May 23. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now With US and Iran talks progressing to end sanctions against the Middle East country, some Indian refiners also told Platts they are looking forward to resuming crude trade with Iran. "Any positive development on Iran would reduce crude pri...

Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Iran's President Hassan Rouhani said May 20 that a "main agreement" has been reached, with the US broadly committing to lifting its sanctions targeting Iran's oil, petrochemical, shipping, insurance and banking sectors, though final details have yet to be settled. US officials have been more circumspect, saying only that the four rounds of discussions so far have "crystalized" what steps each side still needs to take. With Iran scheduled to hold its presidential election June 18,...

Sanctions relief for Iran would pressure rival heavy crude, condensate producers Four rounds of indirect talks between the US and Iran have so far failed to achieve a breakthrough in negotiations to revive the nuclear deal, but rival producers and traders have been eyeing how the competitive landscape may shift if sanctions are lifted on Iranian oil sales. Most experts expect an agreement on the Joint Comprehensive Plan of Action to be reached within months, if not weeks, which could eventually bring some 2 million b/d of Iranian oil back to the market. Much of Iran’s production is of heavi...

13 hours Gasoline Shortages Still Lingering Post-Colonial Pipeline Hack 15 hours California Requires Most Uber And Lyft Trips To Be Electric By 2030 17 hours China Bans Teslas At Government Compounds 18 hours Tanzania, Uganda Finalize Oil Pipeline Deal 19 hours Six-Year High Margins Prompt U.S. Refiners To Boost Gasoline Production 1 day UAE: Oil Demand Has Already Increased To 95 Million Bpd 2 days Oil Demand Is Rebounding Fast In Europe 2 days Saudi Arabia Beats Ru...