Rosneft to buy Eni stake in Egypt's Zohr gas field

Italy’s Eni has agreed to sell the Russian state-run company Rosneft up to a 35% stake in an oil concession in Egypt that contains the giant Zohr field, the biggest gas discovery in the Mediterranean Sea. Rosneft will pay US$1.125 …

Eni to Restart Work in Iran After Debt Repaid

Italian oil major Eni will start working again in Iran when it has been repaid investments previously made and when it understands the type of contracts Tehran will be offering, CEO Claudio Descalzi said on Thursday. "We are still …

Lukoil to develop Iranian oil fields

The Iranian Oil Minister, Bijan Namdar Zanganeh, said today that his government plans to come to an agreement to develop oil and gas fields along with the Russian company Lukoil  on the territory of the Islamic Republic. According …

D-Day for Iran

December 17th could be a turning point in the modern history of Iran and the entire region of the Greater Caucasus and the Middle East