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Posts Tagged ‘Iran Sanctions’

UK blocks Shell paying Iran oil debt in food, medicine

Screen Shot 2012-11-30 at 18.13.21“Trying to avoid the odium of its association with the mad mullahs, Shell has in the past resorted to subterfuge to disguise its shipments of Iranian crude. The relationship between Shell and Iran has in fact continued unabated for many years, while the fanatical Iranian regime has been busy using the funds generated to supply roadside bombs to kill and maim Nato soldiers in Iraq and Afghanistan and fund its Nuclear Bomb program. Oil revenue is crucial to Iran.” (Extract from our article “Skirting sanctions on Iranian crude“)

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LONDON, April 22 | Mon Apr 22, 2013 8:44am EDT

(Reuters) – Britain has blocked efforts by oil major Royal Dutch Shell to settle a $2.3 billion debt it owes Iran by paying in kind with grains or pharmaceuticals, industry sources said.

Shell has been trying for months to find a way to work around international sanctions that prevent it paying in currency for crude it bought from the National Iranian Oil Company before a European Union embargo on Iran that started last July. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Showa Shell continuing to import Iranian crude

TOKYO, July 31 | Tue Jul 31, 2012 4:01pm IST

Japan’s Showa Shell cuts Iran oil imports from last year

(Reuters) – Japanese refiner Showa Shell Sekiyu KK has been importing less Iranian crude oil than last year’s average of 100,000 barrels per day (bpd), in line with U.S. sanctions against the Islamic nation, a company official said on Tuesday.

Showa Shell, formerly the country’s top buyer of Iranian crude, was acknowledging for the first time that it is continuing to import Iranian crude. Sources have said the company’s previous annual deal expired in March. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

U.S. welcomes move by Italy’s Edison to quit Iran energy sector

July 6, 2012

WASHINGTON (Reuters) – The United States on Friday welcomed what it said was a decision by Italy’s Edison International to withdraw from Iran’s energy sector and scrap a multi-million dollar contract to explore Iran’s Dayyer natural gas field.

“We commend the commitments made by Edison International, and we hope that other firms will follow its lead,” the State Department said in a statement, adding that Edison had pledged not to engage in future business with Iran which might be subject to U.S. sanctions. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

U.S. Plans New Sanctions Against Iran’s Oil Industry

By and

A version of this article appeared in print on November 19, 2011, on page A8 of the New York edition.

WASHINGTON — The Obama administration plans to impose a new round of sanctions against Iran’s petrochemical industry, a Western official briefed on the plans said Friday, less than two weeks after a United Nations report published evidence that the Iranian government was working on a nuclear weapon.

The sanctions, expected to be announced on Monday, build on existing measures against Iran’s oil and gas industry, which aim to curb foreign investment in refineries or other facilities. European nations are expected to announce similar measures when their leaders meet later in the week, the official said. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Senator Kirk joins bill for Iran sanctions on Royal Dutch Shell

Senator Mark Kirk supports a measure for sanctions against companies doing business with Iran. (Getty Images)

FEBRUARY 17, 2011

Bi-partisan members of Congress, including an Illinois senator, are supporting a measure that aims to toughen sanctions against businesses that have relations with Iran.

The bill would require companies to report to the Securities and Exchange Commission any sanctionable investments in Iran and require U.S. Banks to report sanctionable activities by their banking customers. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

THE NEW YORK TIMES: Shell says it faces sanctions in Iran

THE NEW YORK TIMES: Shell says it faces sanctions in Iran

“Royal Dutch Shell PLC disclosed in a filing this week that it faces risks of U.S. sanctions in Iran.”

Posted Saturday 23 July 2005

By THE ASSOCIATED PRESS

Royal Dutch Shell PLC disclosed in a filing this week that it faces risks of U.S. sanctions in Iran.

In a filing with the U.S. Securities and Exchange Commission related to the merging of its British and Dutch halves Wednesday, the oil company said its investments in Iran and Syria could mean it will be barred from financing by U.S. institutions.

The company declined to comment for this article.

The SEC has written to European and U.S. oil companies active in embargoed countries, asking them to inform investors about the risks they face from investing in countries the United States accuses of supporting terrorism. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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