New US sanctions hamper Iran bid to recover $1.75B
New law requires a second freeze on Iranian assets in US; Iran central bank seeks to get at funds in US account
January 15, 2012 5:33
China denounces US sanctions on company dealing with Iran
China criticised US sanctions on a Chinese company selling refined petroleum products to Iran, calling Washington's punishment an unreasonable step beyond international sanctions on Tehran's nuclear programme.
January 15, 2012 2:39
Iran warns Gulf countries not to replace its oil
Iran warned its Arab neighbours on Sunday not to raise crude output to replace Iranian oil in the event of an embargo by the European Union, Tehran's OPEC Governor Mohammad Ali Khatibi was quoted as saying.
January 15, 2012 2:31Singapore defends trading firm targeted by US over Iran
US sanctions against Singapore oil trader Kuo Oil Pte Ltd are "unilateral" and "above and beyond" the curbs agreed on by the United Nations Security Council,Singapore's foreign ministry said late on Friday.
January 14, 2012 5:35Saudi ready to meet a rise oil demand
Top oil producer Saudi Arabia is ready to meet any increase in consumer countries' demand for crude oil, oil minister Ali al-Naimi told reporters on Saturday.
January 14, 2012 5:32Iranian, Venezuelan leaders rebuff US, joke about bomb
Ahmadinejad on tour of Latin America leftists; Seeking support as new Western sanctions kick in
January 10, 2012 10:56China’s Wen to visit key MidEast energy powers
China's Premier Wen Jiabao will visit three key Middle Eastern oil and gas suppliers -- Saudi Arabia, the United Arab Emirates and Qatar -- from the weekend, amid signs that Beijing wants to expand its options in the face of US sanctions aimed at Iran.
January 10, 2012 10:54Iran confirms has $2B oil debt with Italy’s Eni
An Iranian oil official has confirmed that Iran owes Italian energy major Eni some $2 billion worth of oil that Rome is concerned could be put at risk by a European Union embargo on crude imports from the Islamic Republic.
January 9, 2012 11:16Top 10 buyers of Iran’s oil
Iran produces about 3.5 million barrels a day of crude with another 500,000 bpd of condensate, exporting about 2.6 million bpd of which 50,000 bpd is refined products, the International Energy Agency estimates.
January 2, 2012 3:37Iran says fires long-range missile in Gulf drill
Drill shows Iran could hit Israel, U.S. bases; Tensions rising over Iran's nuclear programme
January 2, 2012 10:56Iran says UN nuclear agency could visit in January
Iran says ready to discuss international nuclear concerns; Western diplomat dismissed offer of talks as "charm offensive"
December 22, 2011 1:27Iran moves websites to guard against cyber attacks
Iran has moved most of its government websites from foreign-based hosting companies to new computer facilities inside the country, to protect them against cyber attacks, a senior official said on Tuesday.
December 21, 2011 8:50Iran intelligence chief meets Saudi Crown Prince
Iran's intelligence minister has met Saudi Crown Prince Nayef, the Iranian Foreign Ministry said on Tuesday, in the first such contact after the United States accused the Islamic republic of backing a plot to kill the Saudi ambassador to Washington.
December 14, 2011 11:04China’s Huawei to scale back on Iran operations
Huawei Technologies , China's biggest telecoms equipment manufacturer, said it would not pursue new business in Iran after a US-based watchdog said that authorities in Tehran were using the firm's equipment to track dissidents.
December 10, 2011 4:19
EU thinks twice about Iran oil ban
Even though sanctions may likely be implemented by mid-2012, it is becoming increasingly doubtful that an EU-wide ban could be imposed on Iranian Oil, unless China plays along.
December 6, 2011 3:42
A major step for Turkey
As Prime Minister Erdogan showcases Turkey's prestige on a visit to the White House, the country has its ratings upgraded...
May 19, 2013 9:45
Dusting off the Emirates ID card
The Emirates Identity Authority is 'keen' on making its ID cards more functional.
May 16, 2013 5:57
Taking on Abercrombie & Fitch
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Fake pilot 'on the run'
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26