by Staff Writers
Paris (AFP) Nov 24, 2011
France will stop buying Iranian oil on a "national basis" as part of its campaign to raise pressure on Tehran over its contested nuclear programme, the foreign ministry said Thursday.
Spokesman Bernard Valero gave no details of the measure, but the US Energy Information Agency estimates that France imports the equivalent of 49,000 barrels of Iranian crude per day, a tiny fraction of Iran's exports.
The French energy giant Total is still present in Iran, but only operates a joint venture with an Iranian lubricants firm, having halted its oil production and, in the middle of last year, stopped fuel sales there.
France has said it will work with its EU partners towards broader sanctions against Iran.
Powering The World in the 21st Century at Energy-Daily.com
Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.
Chevron oil spill a wake-up call for Brazil: analysts
Rio De Janeiro (AFP) Nov 24, 2011
An oil spill off Brazil's coast is a wake-up call for the country's ability to deal with major oil emergencies as it prepares to tap potentially huge deep-water reserves, analysts said. US oil giant Chevron Corporation said Thursday it had suspended its current and future drilling operations off Rio de Janeiro state after the oil slick traced to a 1,200-meter (4,000-foot) deep well it operat ... read more
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement|