Political
Iran resumes gas supplies to Turkey: report
ANKARA (AFP) - Iran began pumping natural gas to Turkey on Sunday after cutting supplies for three weeks, but the flow was far less than normal, the Anatolia news agency reported.
The gas began flowing at around 4:00 pm (1400 GMT) at a rate of between 1.5 and 2.0 million cubic metres a day, far bellow [...]
Gasoline black market thrives in Iran
BANDAR ABBAS, Iran - Each day, the boulevard in this port city derisively dubbed “OPEC Street” is lined with dozens of vendors selling plastic jugs of black-market gasoline to desperate drivers who haggle over the price of a tankful.
Iran is the world’s fourth-largest producer of oil. But its government imposed gasoline rationing last year in [...]
OPEC shrugs off pleas to raise supply of crude oil
OPEC yesterday dismissed further calls to boost oil output from top consumer the United States, saying the global market is well supplied and the producer group has little control over oil prices near US$90 (HK$702) a barrel.
Qatar’s oil minister said there is no need for OPEC to boost output at its February 1 meeting.
In the [...]
America is being bought out from under us.
When US President, George Bush, finished doing his sword dances and Arabian stallion inspections, when he finished making a speech in Abu Dhabi on the importance of freedom that fell flat, when he finished lounging in his fur-lined George of Arabia robe in the Saudi king’s tent, he went home. Or to what was left [...]
US and Saudi Arabia worried over high oil prices
RIYADH, Jan 19: When the Saudi King sat across the President of the US, it was not just a meeting of two world leaders; it was a meeting between the world’s largest crude producer and the largest consumer. And with oil prices rallying around the $100 mark, it was but natural that the issue would [...]
Bulgarians protest Russian energy policy
SOFIA, Bulgaria: Hundreds of Bulgarians protested on Friday against Russia’s energy policy, which they fear will make their country completely dependent on Russian oil and gas sources.
Carrying posters reading “Stop Soviet imperialism” and “Putin - out of Bulgaria,” demonstrators marched in central Sofia to oppose energy agreements between Bulgaria’s Socialist-led government and Russia that were [...]
