Latest news
Iran continues to revenge halting oil supplies to other European countries
After having halted the oil supplies to France, Britain, Iran has also decided to stop oil exports to Belgium, the Czech Republic and the Netherlands, as reported the local media Mehr News Agency on Monday.
read more... 07/03/2012
Statoil confirms a massive pre-salt oil discovery offshore Brazil
The Norwegian oil company Statoil confirmed today that it has made a significant discovery offshore together with operator Repsol Sinopec and partner Petrobas.
read more... 27/02/2012
Iran threats to halt oil supplies to more European countries
Iran has threatened to extend the oil embargo put on France and Britain to other European countries, if they continue to take actions directed against Tehran, Al Arabiya reported on Monday.
read more... 23/02/2012
Iran cuts off oil supplies to UK and France
Iran’s top oil buyers in Europe announced that they are making substantial cuts in oil supply just some months in advance of European Union sanctions. Reducing oil flows to the continent will start in March and will imply cutting off more than a third of supply or over 300, 000 barrels per day.
read more... 20/02/2012
Iran to cut off oil supplies to six European countries
Iran warned six European countries that it might hit first by immediately cutting them off from Iranian oil, in response to the recent sanctions imposed by the European Union against its energy and banks.
read more... 16/02/2012