Willis Sees Threats on Horizon for Booming Latin American Energy Industry October 10, 2012 “The booming Latin American energy industry is not insulated from the threat of a euro zone collapse or hostilities in...
Exxon Hit With New Lawsuit Over Yellowstone Spill October 9, 2012 By Matthew Brown More than a dozen eastern Montana landowners have filed a lawsuit against Exxon Mobil Corp. claiming the company ignored warnings...
US Renews Waivers of Iran Sanctions for Japan, EU Nations September 17, 2012 By Risa Maeda and Timothy Gardner The United States has renewed waivers on Iran sanctions for Japan and 10 European countries because they cut their purchases...
Commentary: Iran Confident It Is Winning Sanctions War September 4, 2012 By Clyde Russell Despite ludicrous claims to the contrary, Western sanctions have hurt Iran’s crude oil exports, but it’s also not all gloom...
How Iran’s Main Oil Buyers Deal with Insurance Sanctions August 30, 2012 Insurance companies based in the EU are not allowed to provide cover for ships that carry Iranian cargo. The EU...
Asia’s Iran Crude Oil Imports to Regain Levels Prior to EU Insurance Ban August 22, 2012 By Meeyoung Cho and Nidhi Verma Asia’s crude imports from Iran are set to recover in September to levels reached before a July 1 insurance ban...
Insurance Deal Lets India Resume Shipping Iran Oil August 15, 2012 By Erika Kinetz India has joined Japan in offering government-backed insurance for ships carrying Iranian crude in order to bypass European sanctions that...
Obama Tightens Sanctions on Banks Helping Iran Sell Oil August 1, 2012 By Laura MacInnis and Roberta Rampton President Barack Obama announced new U.S. sanctions on Tuesday against foreign banks that help Iran sell its oil and said...
US Congressional Negotiators Reach Deal on New Iran Sanctions July 31, 2012 By Roberta Rampton U.S. lawmakers moved a step closer to finalizing new sanctions aimed at further restricting Iran’s oil revenues after negotiators from...
South Korea May Resume Iranian Crude Oil Imports Soon July 27, 2012 South Korea may soon resume Iranian crude imports after having completely halted shipments in July because of a European Union...