New production capacity in Iran could help meet domestic demands for aviation fuel in the wake of new sanctions, Iranian executives said in Isfahan.
British oil company BP announced last week it was halting the sale of aviation fuel for Iranian airlines in the face of unilateral economic sanctions passed in Washington in early July.
The European Union said last week that it was closing its airspace to most Iran Air flights after an audit revealed safety issues with Iran's passenger fleet.
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BP Faces New Scrutiny in Lockerbie Case
by MM on Thu Jul 15, 2010 09:36 AM PDTLONDON —The oil giant BP faced new furor on Thursday as it confirmed that it had lobbied the British government to conclude a prisoner-transfer agreement that the Libya government wanted to secure the release of the only person ever convicted for the 1988 Lockerbie airliner bombing over Scotland, which killed 270 people, most of them Americans.
The company’s admission came after American legislators, grappling with the roiling controversy over the company’s catastrophic Gulf of Mexico oil spill, called for an investigation into BP’s actions in the case of the freed man, Abdel Basset Ali al-Megrahi.
//www.nytimes.com/2010/07/16/world/europe/16britain.html
Pressure on BP
by verytass on Thu Jul 15, 2010 09:28 AM PDTThe last thing BP wants now is to look bad and give more excuses to the US press, "British oil company BP announced last week it was halting the sale of aviation fuel for Iranian airlines in the face of unilateral economic sanctions passed in Washington in early July."