French oil giant Total seeks Iran sanctions waiver from Trump for $2 billion project
A worker passes a facility in the South Pars natural gas field in Asalouyeh, Iran in 2015. The French oil giant Total said it would pull out of a $2 billion venture in the South Pars if President Trump doesn’t give it a waiver from economic sanctions re-imposed on Iran last week. (AP ...
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UPDATE 1-EU leaders struggle to save Iran economic ties from US sanctions
Firms mull Iran exit as EU heads discuss how to keep them there * EU leaders agree to stick to Iran deal (Updates after leaders’ discussion) SOFIA, May 16 (Reuters) - European Union leaders agreed on Wednesday to try to keep the Iran nuclear deal alive and maintain their reviving economic ...
Iran upbeat on nuclear deal hopes after EU talks
Iran's foreign minister said Tuesday that efforts to save the nuclear deal after the abrupt US withdrawal were "on the right track" as he began talks with European powers in Brussels. Mohammad Javad Zarif met EU foreign policy chief Federica Mogherini ahead of evening talks with his counterparts ...
Total to drop billion-dollar Iranian gas project unless US waives sanctions
rench oil major Total may turn its back on its $1bn (£740m) Iranian gas project within six months unless it can clinch a sanctions waiver for the project from the US government. The French state-backed oil group said that without an exemption from the US it would halt work at the world’s largest ...
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Total halts $2 billion gas project in Iran
French oil giant Total is preparing to pull out of Iran to avoid risking US sanctions. The company said on Wednesday that it was unable to proceed with a $2 billion project to develop the country's giant/ said it "will have to unwind all related operations" before November 4, unless it's granted ...
France's Total warns of Iran exit as EU struggles to save economic ties
SOFIA/PARIS (Reuters) - French energy giant Total joined other European companies in signaling on Wednesday they could exit Iran, casting doubt on whether European leaders meeting to try to salvage the Iran nuclear deal can safeguard trade with Tehran./ Iran's Foreign Minister Mohammad Javad ...
WRAPUP 1-France's Total warns of Iran exit as EU leaders seek to save economic ties
EU leaders meet in Sofia to try to safeguard deal * Total says may leave multi-billion-dollar gas project SOFIA/PARIS, May 16 (Reuters) - French energy giant Total joined other European companies in signalling on Wednesday they could exit Iran, casting doubt on whether European leaders meeting ...
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France's Total to quit Iran gas project if no sanctions waiver
Total will pull out of a multibillion-dollar gas project in Iran if it cannot secure a waiver from U.S. sanctions, the French energy company said on Wednesday./ FILE PHOTO: The logo of French oil giant Total is seen at a gas station in La Defense business and financial district in Courbevoie, ...
France's Total warns of Iran exit as EU leaders seek to save economic ties
SOFIA/PARIS (Reuters) - French energy giant Total joined other European companies in signaling on Wednesday they could exit Iran, casting doubt on whether European leaders meeting to try to salvage the Iran nuclear deal can safeguard trade with Tehran./ Iran's Foreign Minister Mohammad Javad ...
Iran says nuke deal talks with EU "constructive"
European Union (EU) foreign policy chief Federica Mogherini (R) meets with Iranian Foreign Minister Mohammad Javad Zarif in Brussels, Belgium, May 15, 2018. (Xinhua/European Union) TEHRAN, May 15 (Xinhua) -- Iranian Foreign Minister Mohammad Javad Zarif said Tuesday that he had a "good and ...
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Europe, Iran Work to Save Nuclear Deal
European and Iranian foreign ministers are working to salvage the nuclear deal, after President Donald Trump pulled the U.S. out of the pact. European Union foreign policy chief Federica Mogherini said European and Iranian officials held talks to address various challenges — from maintaining and ...
Total Stops Iran Gas Project as Risk From Sanctions Too High
Position shows Big Oil’s fear of breaching U.S. sanctions/ Pedestrians pass a public monument showing the face of Ruhollah Khomeini, founder of the Islamic Republic of Iran, in Tehran./ said it will not risk investing in Iran following the return of U.S. sanctions, unless it can secure a waiver ...
European Firms Start Pulling Back From Iran
From Total to Maersk, companies are responding to U.S. warnings after the Trump administration began reimposing new sanctions on Tehran/ LONDON—European firms have started pulling back investment and abandoning commitments in Iran, responding to a decision last week to reimpose broad American ...
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France's Total will quit Iran gas project if no sanctions waiver
Total will pull out of a multibillion-dollar gas project in Iran if it cannot secure a waiver from U.S. sanctions, the French energy company said on Wednesday./ FILE PHOTO: The logo of French oil giant Total is seen at a gas station in La Defense business and financial district in Courbevoie, ...
France's Total says may pull out of Iran South Pars project
French oil and energy company Total said on Wednesday that may pull out of the Iran South Pars 11 (SP11) energy project, in light of a decision by U.S. President Donald Trump to withdraw from an international nuclear deal with Iran./ FILE PHOTO: The logo of French oil giant Total is seen at a ...
Iran's Zarif says had constructive EU meeting over nuclear deal
Tasnim/ LONDON (Reuters) - Iran’s foreign minister said he had a constructive meeting with EU Foreign Policy Chief Federica Mogherini on Tuesday, and he was optimistic Iran’s interests in the nuclear deal could still be preserved despite the U.S. withdrawal from the pact. “It was a nice and ...
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Europe, Iran Seek to Save Nuclear Deal after US Pullout
Major European powers sought Tuesday to keep Iran in a landmark international nuclear agreement even after President Donald Trump pulled the U.S. out of the pact and promised tough economic sanctions against the Islamic Republic. Foreign ministers from Britain, France and Germany — signatories ...
Iran's Zarif says had constructive EU meeting over nuclear deal: Tasnim
Iran’s foreign minister said he had a constructive meeting with EU Foreign Policy Chief Federica Mogherini on Tuesday, and he was optimistic Iran’s interests in the nuclear deal could still be preserved despite the U.S. withdrawal from the pact./ Iran's Foreign Minister Mohammad Javad Zarif ...
EU chief lashes out at Trump amid new push to save Iran deal
SOFIA, Bulgaria (AP) — A top European Union official branded President Donald Trump selfish and capricious Wednesday as EU leaders gathered to count the likely economic damage U.S. policies might inflict on the bloc and to try to rescue the Iran nuclear deal. In a striking rhetorical assault on ...
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