WongMixxMySpaceNetvouzNewsvineoneviewOnlyWirePlugIMPropellerRedditSegnaloShoutwireSimpySlashdotSurphaceSphinnSpurlS 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 » Philip J. Crowley Assistant Secretary, Bureau of Public Affairs Washington, DC October 15, 2010 The United States welcomes the decision by [...]
Source: Reuters Africa October 9, 2010 TEHRAN – Iran’s OPEC governor said oil prices were “nominal” and the crude market was oversupplied, the Students News Agency ISNA reported on Saturday. “The prices of oil in the market which stood between $70 to $80 … are nominal and not real … There is an oversupply in [...]
By Raj Rajendran Source: Bloomberg October 5, 2010 Japanese sanctions against Iran, the second-largest oil producer in the Middle East after Saudi Arabia, may reduce crude exports from the Persian Gulf nation by 25 percent, according to Nomura International. “Recent Japanese sanctions against Iran could force oil exports to below 1.5 million barrels a day [...]
By Kadhim Ajrash and Nayla Razzouk Source: Bloomberg BusinessWeek October 4, 2010 Iraq raised its estimate of national crude oil reserves to 143.1 billion barrels, Oil Minister Hussain Al-Shahristani said today, overtaking Iran as home to the world’s fourth-largest petroleum deposits. The 24 percent increase in estimated reserves lifts Iraq past neighboring Iran, which has [...]
By Risa Maeda and Osamu Tsukimori Source: Reuters India October 3, 2010 *Inpex not on U.S. list for Iran-related sanctions -minister *Follows U.S. statement on European oil majors *Oil majors say still have some dealings with Iran TOKYO – Japan’s top oil explorer Inpex Corp may pull out of an oilfield project in Iran, joining [...]
By John Pomfret Source: The Washington Post September 30, 2010 The United States announced Thursday that four of Europe’s five biggest oil companies would end their energy investments in Iran, a significant advance in the Obama administration’s efforts to pressure the Iranian government to enter negotiations over its alleged nuclear weapons program. At the same [...]
By Ladanne Nasseri Source: Bloomberg September 30, 2010 Iran exported its first domestically produced gasoline to neighboring Iraq, Ali Asghar Arshi, the National Iranian Oil Co.’s director of international affairs, told the state-run Mehr news agency. Iran says it has countered sanctions that target its historic need to import gasoline and can now produce more [...]
By BENOIT FAUCON And SPENCER SWARTZ Source: The Wall Street Journal September 28, 2010 LONDON—Iran said Tuesday it has started exporting domestically produced gasoline, drawing skepticism from oil-industry experts but representing Tehran’s latest show of defiance amid international sanctions aimed at curbing its nuclear ambitions. Iran, one of the world’s largest oil producers, has in [...]
By Jonathan Saul and Randy Fabi Source: Reuters/Fox Business September 23, 2010 LONDON/SINGAPORE – OPEC-member Iran hasreduced the amount of crude stored at sea in the past threemonths but still has as much as 20 million barrels anchoredoffshore, shipping and industry sources said. The Islamic Republic typically struggles to sell its crudeduring summer months, when [...]
Source: United Press International (UPI) September 20, 2010 TEHRAN — Iran stopped placing orders for gasoline from external markets last month, the country’s oil minister announced. Iranian Oil Minister Masoud Mir Kazemi said that with domestic refineries churning out more gasoline, his country no longer needed to place orders with overseas suppliers. “We have not [...]
