U.S. Won’t Let Iran Shut Gulf: Navy Official

Posted on July 2, 2008 by John Donovan.
Categories: Iran, New York Times, Oil.

ABU DHABI (Reuters) - The United States will not allow Iran to block the Gulf, the waterway that carries crude from the world’s largest oil exporting region, the U.S. Navy’s Fifth Fleet said on Wednesday.

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Speculators are not to blame for oil, says IEA

Posted on by John Donovan.
Categories: Iran, Oil Prices, The Times.

The oil price rose back above $142 a barrel yesterday amid fears about tight supply and possible armed conflict between Iran and Israel.

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Oil price bounces despite Chinese subsidy cut

Posted on June 21, 2008 by John Donovan.
Categories: Iran, Oil Prices, The Times.

Chakib Khelil, president of Opec, said yesterday it was illogical and irrational to ask the oil cartel to increase output. Iran said it was unlikely that Opec members would agree on changes to crude output at the meeting.

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Oil Majors Say U.S. Restrictions Delay Iran Projects

Posted on May 30, 2008 by John Donovan.
Categories: Gas, Iran, The Wall Street Journal.

Despite an urgent need to replenish reserves, Anglo-Dutch oil giant Royal Dutch Shell PLC and Spanish-Argentine Repsol YPF said they wouldn’t sign a $10 billion contract to enter South Pars, the Iranian side of a giant natural-gas field shared with Qatar. Instead, the two oil giants are considering entering later phases of the project.

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Iran Pars gas likely for home use, not LNG - Shell

Posted on May 20, 2008 by John Donovan.
Categories: Gas, Iran.

Gas to be produced from an Iranian field which Royal Dutch Shell Plc (RDSa.L: Quote,Profile, Research) planned to develop before pulling out under U.S. pressure will likely be retained for domestic use, the oil major said on Tuesday. “It makes gas available which probably Iran may use for domestic use,” Chief Executive Jeroen van der Veer told the Shell annual general meeting on Tuesday.

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NewsBlaze.com: Iranians-Swiss in Gas Deal, Despite U.S. Pressure

Posted on May 18, 2008 by John Donovan.
Categories: Gas, Iran.

Earlier this month, Royal Dutch Shell, which ranks as the second-largest non-governmental energy company in the world, decided to pull out of a planned gas deal in Iran. The deal was signed in 2002 for the development of a gas field in southern Iran.

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Shell pulls out of Iran gas deal

Posted on May 14, 2008 by John Donovan.
Categories: Gas, Iran, Shell, Thomson Reuters.

LONDON (Reuters) - Oil major Royal Dutch Shell (RDSa.L: Quote, Profile,Research) has pulled out of a planned gas project in Iran, after coming under pressure not to participate from U.S. lawmakers who were concerned about Iran’s nuclear programme.

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Royal Dutch Shell pulls out of $10bn Iran project

Posted on May 12, 2008 by John Donovan.
Categories: Iran, The Times.

Royal Dutch Shell has apparently caved into political pressure from the US in backing out of a $10 billion gas project in Iran.

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