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China, Russia to press Iran on nuclear issueChina and Russia are set to join four Western powers in voicing deep concern about Iran's atomic activities this week and pressing it to cooperate with a stalled inquiry by the U.N. nuclear watchdog, diplomats said on Tuesday. More… |
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Iraq, Eni set lower output target at oilfieldBaghdad and a group led by Italy's Eni have agreed to cut the planned output target at Iraq's Zubair oilfield to allow this southern giant to pump more for a longer period. Iraqi Oil Minister Abdul Kareem Luaibi said on Th More… |
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Opec shifts its oil trade map after shaleOpec oil exporters on Thursday, set to leave output policy unchanged, were weighing the impact of rising supplies of US shale oil that are redrawing the landscape of global oil trade. The Organization of the Petroleum Exporting Co More… |
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Red Bull blackmail suspect held in AustriaAustrian police have detained a man suspected of blackmailing beverage and sports marketing giant Red Bull by threatening to contaminate its drinks, a newspaper reported on Thursday. Kurier, without citing its sources, said the ma More… |
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IAEA chief wins new term, Iran ‘hopes for change’Yukiya Amano, who led the UN nuclear watchdog to take a tougher approach to Iran, secured a second four-year term as head of the International Atomic Energy Agency on Wednesday. The veteran Japanese diplomat was approved by consen More… |
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UN nuclear chief presses Iran on base accessThe UN nuclear watchdog chief sought on Monday to crank up pressure on Iran to finally address suspicions that it has researched how to build an atomic bomb, calling for immediate inspector access to a key military site. Signallin More… |
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UN sees no progress on Iran concernsThe UN nuclear agency made no progress in a year-long push to find out if Iran worked on developing an atomic bomb, its chief said on Thursday, calling for urgent efforts to end Tehran's standoff with the West. Yukiya Amano sa More… |
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Libya's NOC targets 1.72m bpd output in Q1Libya's National Oil Corporation (NOC) aims to boost oil output to 1.72 million barrels per day (bpd) by the end of March next year, its chairman said on Wednesday, but warned of the risk that strikes could interrupt production. More… |
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IEA head says oil market sufficiently suppliedThe global oil market is sufficiently supplied and there is no reason to release extra reserves now, the head of the International Energy Agency (IEA) said on Thursday. "There is no reason for action at this moment," Mar More… |
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Iran pushes ahead in building nuclear reactorIran appears to be making headway in building a research reactor that could yield potential nuclear weapon material, adding to Western concerns about Tehran's atomic aims, experts and diplomats say. The West's worries abou More… |
