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Tightening Sanctions Iranian Oil Industry
While tightening sanctions against the Iranian oil industry, experts say the country still needs crude oil flow – perhaps, but with a big discount. In fact, the negotiations have begun, two analysts. China, the biggest buyer of Iranian oil, is greatly reduced imports from Iran in the past two months. But it is not in [...]
Sunday, January 15th, 2012British Oil Exploration Drilling Falkland Island
British oil exploration company began drilling near the Falkland Islands, a development that could worsen tensions between Britain and Argentina, which fought a war over the disputed islands nearly three decades ago. Desire Petroleum PLC said it started drilling for oil about 60 miles (100 kilometers) north of the disputed Falkland Islands, despite strong opposition [...]
Tuesday, February 23rd, 2010