Via Shana (Iran’s Petroenergy Information Network), news that the National Iranian Oil Company (NIOC) and Italian company Edison SpA signed a contract on the exploration of Dayyer Block, an 8,500 square kilometer area that comprises one of 17 offshore blocks in the Persian Gulf. Edison will invest $107 million dollars in the exploration. According to […]
Read more »As noted in a recent US News & World Report article, many investors are engaged in the hunt for the next generation of emerging markets. And, as we’ve discussed in this blog before, Goldman Sachs has identified 11 countries with BRIC-like possibilities, which include mainstream emerging markets like South Korea and Mexico as well as […]
Read more »As noted in the Daily Times of Pakistan, Iran and Pakistan recently discussed oil and gas cooperation, with particular emphasis on the continued development of the Iran-Pakistan-India (IPI) pipeline. As the article reported: “…The Ambassador of Iran, Mashallah Shakeri called on the Minister for Petroleum and Natural Resources Ahsanullah Khan here on Wednesday and expressed […]
Read more »An interesting article in Terra Daily recently, comparing Dubai’s current & cultural associations with Iran to that which Hong Kong historically played for China (before the mainland opened up).  As the article notes, Dubai “…is to Iran’s theocracy what British-ruled Hong Kong was to China’s Communist overlords — a gigantic entrepot.” Given the similarity, […]
Read more »An interesting story in The San Antonio Express-News on Iran’s recent partnership with Nicaragua and Venezuela to help finance a $350 million deep-water port on Nicaragua’s wild Caribbean shore, and then plow a connecting “dry canal” corridor of pipelines, rails and highways across the country to the populous Pacific Ocean. The dry canal scheme has […]
Read more »Stratfor (subscription required) recently noted that Iran and Malaysia agreed to develop the Golshan and Ferdows natural gas fields in southern Iran. As the article indicates, the $16 billion contract is a follow up to a preliminary agreement reached in January of 2007 and also includes plans to build liquefied gas production plants. While Malaysia […]
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