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Who owns the North Pole?

Friday, August 10th, 2007

Russia’s symbolic claim to Arctic mineral wealth must be decided by a UN commission, and then only if experts determine the area is an extension of the Siberian continental shelf, Russian experts said on Thursday. One week after Russian explorers used a submersible vehicle to place their country’s flag on the […]

Unrest spreads in Tehran

Friday, June 29th, 2007

As a result of concern over Iran’s nuclear program some analysts said the decision of the government in Tehran to ration gasoline was intended to prepare for the possibility of more United Nations economic sanctions . As a result unrest spread in Tehran on Thursday, the second day of gasoline rationing in oil-rich Iran, with […]

Gas Stations on fire in Tehran

Thursday, June 28th, 2007

In order to be prepared for tightened economic sanctions by the United Nations over Iran’s nuclear program, Tehran put rationing of gasoline into effect. Iran contends that its nuclear enrichment program is for civilian energy purposes, while the United States and some other Western nations contend that Iran is trying to develop nuclear weapons. The […]

Russia delivers fighter planes to Syria

Thursday, June 21st, 2007

Israel is concerned about reported Russian deliveries of advanced MiG-31 fighter planes to its enemy Syria as part of an armaments drive, the top-selling Hebrew daily reported on Tuesday. The MiG-31, considered one of the best fighters in the world, can carry guided missiles with a range of more than 200 kilometres (125 miles) […]

OMV challenges USA

Tuesday, June 19th, 2007

Austrian oil and gas group OMV has been defending its decision to develop parts of the South Pars Gas Field in the Persian Gulf in conjunction with National Iranian Oil Company. A move which should prove more popular, however, is OMV’s decision to promote road safety awareness across its fuel retail network.
The US has spoken […]

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