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Archive for the Category ‘International Companies in Business with Iran’

FACTBOX-Foreign companies stepping away from Iran

FACTBOX-Foreign companies stepping away from Iran

Bookmark This!Close Bookmark and Share This Page Save to Browser Favorites / BookmarksAskbackflipblinklistBlogBookmarkBloglinesBlogMarksBlogsvineBuddyMarksBUMPzee!CiteULikeConnoteadel.icio.usDiggdiigoDotNetKicksDropJackdzoneFacebookFarkFavesFriendsitefolkd.comFurlGoogleJamespotJeqqKaboodlekirtsylinkaGoGoLinkedInMa.gnoliaMister WongMixxMySpaceNetvouzNewsvineoneviewOnlyWirePlugIMPropellerRedditSegnaloShoutwireSimpySlashdotSurphaceSphinnSpurlSquidooStumbleUponTechnoratiThisNextTwitterWebrideWindows LiveYahoo!Email This to a Friend  Link HTML:  Permalink:  If you like this then please subscribe to the RSS Feed or Email Feed.Powered by Bookmarkify™ More »Source: Reuters Africa June 28, 2010 Spain’s largest oil company Repsol (REP.MC: Quote) has pulled out of a contract it won [...]

White House works to ease Iran proposal in Congress

White House works to ease Iran proposal in Congress

The Obama administration fears tough U.S. sanctions against companies doing business in Iran would anger foreign allies. By Paul Richter Source: Los Angeles Times June 11, 2010 // Reporting from Washington — The Obama administration, which labored for months to impose tough new United Nations sanctions against Iran, now is pushing in the opposite direction [...]

Honeywell Is Pressured to End Iran Ties

Honeywell Is Pressured to End Iran Ties

China and Russia have agreed to back new U.N. Security Council sanctions, and a naming-and-shaming campaign is in the works. By Julianna Goldman and Hans Nichols Source: Bloomberg BusinessWeek May 20, 2010 As the Obama Administration moves closer to winning tougher U.N. sanctions against Iran, the loopholes allowing U.S. companies to do business with the [...]

FACTBOX-Foreign companies stepping away from Iran

FACTBOX-Foreign companies stepping away from Iran

Source: Reuters May 12, 2010 A growing number of oil companies, trading houses and other international companies have stopped doing business with Iran this year amid a U.S. drive to isolate Tehran and international efforts to impose tougher sanctions. Here are some of the companies: * Italy’s oil and gas major Eni (ENI.MI) is handing [...]

Seven foreign firms in Iran energy got US contracts

Seven foreign firms in Iran energy got US contracts

Source: Reuters May 12, 2010 WASHINGTON – The U.S. government has obligated almost $880 million in recent years to seven foreign firms that had commercial activity in Iran’s energy sector, the U.S. Government Accountability Office said on Wednesday. U.S. lawmakers upset by what they see as companies continuing to help Iran’s economy, which they say [...]

Will sanctions against Iran hit Russian firms?

Will sanctions against Iran hit Russian firms?

By Konstantin Rozhnov, Business reporter Source: BBC News April 29, 2010 Further UN Security Council sanctions against Tehran have yet to materialise, but a number of international companies have already been pulling out of Iran. While some firms are reluctant to risk investing in a country with uncertain perspectives, others also have to take into [...]

Reliance, others withdraw from Iran, but China replaces them

Reliance, others withdraw from Iran, but China replaces them

Source: The Economic Times April 29, 2010 WASHINGTON: Under mounting global pressure, especially from the US, several companies, including India’s Reliance and Russia’s LUKOIL, have stopped selling gasoline to Iran, but the place has been quickly occupied by those from China, a Congressional report has said. Several US lawmakers – both from the House of [...]

Iran Consumer Electronics Report Q1 2010 – new market report released

Iran Consumer Electronics Report Q1 2010 – new market report released

Source: PR-inside April 28, 2010 Iran Consumer Electronics Report Q1 2010 – a new market research report on companiesandmarkets.com Irans consumer electronics devices market, defined as the addressable market for computing devices, mobile handsets and video, audio and gaming products, is forecast to be worth around US$8.2bn in 2010. This is expected to increase to [...]

Japan firms may face U.S. sanctions over Iran

Japan firms may face U.S. sanctions over Iran

Keiichi Honma / Yomiuri Shimbun Correspondent Source: Daily Yomiuri Online April 25, 2010 WASHINGTON–Two Japanese firms are on a list of 41 companies that could be subject to U.S. sanctions under new anti-Iran legislation, it has been learned. The U.S. Congress is moving toward passing a bill that would strengthen sanctions against Iran over that [...]

U.S. Lists Companies Aiding Iran’s Energy Projects

U.S. Lists Companies Aiding Iran’s Energy Projects

By Ron Nixon Source: The New York Times April 22, 2010 G.O.A. Report on Foreign Involvement in Iran’s Oil and Gas Industry Document WASHINGTON — Over the past five years, 41 foreign companies have helped Iran develop its oil and gas sector, which accounts for more than half of the Iranian government’s revenues, Congressional investigators [...]

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