TITLE

Running Dry

AUTHOR(S)
Fisher, Daniel
PUB. DATE
July 2006
SOURCE
Forbes Asia;7/3/2006, Vol. 2 Issue 12, p20
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article stresses the inability of Iran to maintain its oil production, which is the main source of finance for the country's aim to develop nuclear weapons. The increasing prices of petroleum products worldwide has impeded the ability of Iran to produce oil. The National Iranian Oil Co. plans bring in $50 billion in 2006 and account for 85% of the nation's exports. Since the company is a battlefield for competing powers within Iran's regime, it has not been able to invest enough money to keep the crude flowing.
ACCESSION #
21669648

 

Related Articles

  • Fire-fighting. Dunkley, Clare // MEED: Middle East Economic Digest;9/8/2006, Vol. 50 Issue 36, p50 

    The article reports on an increase in oil prices in the Middle East. The stand-off between the international community and Iran over its nuclear enrichment activities has provided a constant support to prices. The sudden outbreak of war between Israel and Hizbollah and the threat of regional...

  • Iran: Nuclear Impasse To Keep Oil Well Bid.  // Emerging Markets Monitor;5/8/2006, Vol. 12 Issue 5, p21 

    Reports on the effect of Iran's nuclear programme on world oil prices as of May 8, 2006. Possibility of a U.S. attack according to Mohammad Hadi Nejad-Hosseinian, Iran's deputy oil minister; Lack of international consensus over how to deal with the issue; Plan of the government to start...

  • Black gold rush. Mahon, Joe // Fedgazette;Sep2005, Vol. 17 Issue 5, p19 

    Reports on the growth of oil production activities in the Ninth District of the U.S. in 2005. Price of oil per barrel as of September; Average daily oil production in North Dakota; Rank of Montana among the district states in reserves and production.

  • Flood oil markets, accept investment tough choices for Mideast exporters. DeLuca, Marshall // Offshore;Mar99, Vol. 59 Issue 3, p34 

    Discusses the effect of low oil prices on the economy of Middle East countries and the Caspian region. Options that protect Saudi Arabia from oil price collapse; Information on Iraq's oil for food program; Total investment allocated by Iran for the National Iranian Oil Company.

  • Iran tension raises prices.  // MEED: Middle East Economic Digest;5/5/2006, Vol. 50 Issue 18, p12 

    This article reports that oil prices has increased during the first week of May 2006 as the International Atomic Energy Agency delivered its verdict on Iran's nuclear programme. Other political tensions continued to worry traders. Efforts to make peace between the government and rebels in...

  • Oil production from joint Iraqi-Iranian field rises.  // Energy Today (Hungary);04/15/2013, p2 

    The article reports that crude oil production from the Iranian-Iraqi Dehloran Oil Field grew by 5,000 barrels a day, as declared by the National Iranian Oil Company.

  • Market unfazed.  // MEED: Middle East Economic Digest;5/12/2006, Vol. 50 Issue 19, p12 

    This article reports on the impact of the letter written by Iranian President Mahmoud Ahmadinejad to his U.S. counterpart George W. Bush on oil prices. Uncertainty continues to loom, with President Bush insisting that the letter had failed to address international concerns about Iran's nuclear...

  • Company Monitor.  // Iran Oil & Gas Report;Q4 2008, p66 

    The article presents a corporate profile of the National Iranian Oil Co. (NIOC) in Iran. It focuses on its strengths, weaknesses, opportunities and threats. It is one of the world's biggest oil companies by production, which has an unrivalled access to exploration acreage, controlling downstream...

  • Tehran ups Azadegan stakes.  // MEED: Middle East Economic Digest;9/26/2003, Vol. 47 Issue 39, p18 

    Reports on the international oil companies (IOC) that are negotiating with National Iranian Oil Co. (NIOC) to develop the Azadegan oil field. Termination of the exclusive negotiating rights on the field; IOC approached by NIOC; Failure of the negotiation between Iran and Japan.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics