Tehran, YJC. India is ready to pay Iran in euros rather than rupees for crude oil imports after an Iranian official recently said Tehran prefers euro payment, Petroleum and Natural Gas Ministry sources in New Delhi say.
Militants blockading the eastern Libyan oil terminal of Al-Sidra tried Saturday to export crude as a North Korean-flagged ship was anchored off the port, a lawmaker said.
Tehran, YJC. As Iran starts discussing oil business with France and Germany, an American delegation from the oil section is going to visit the country in one month.
Anglo-Dutch energy giant Royal Dutch Shell said Wednesday that it has sold a large stake in an offshore Brazilian oil field to Qatar for about $1.0 billion.
Kurdish regional administration PM Nechirvan Barzani said the energy deals they signed with Turkey are the start of a new Iraq and there is no need for fear.