Gulf Oil and Gas accountACCOUNT

U.S. Sanctions Three Oil Traders Over Iran

Source: Bloomberg 1/13/2012, Location: Asia

U.S. authorities placed sanctions on three oil trading companies, including China’s Zuhai Zhenrong, for selling refined products to Iran, the Financial Times reported, citing the U.S. State Department.

The other two traders were Kuo Oil Pte. Of Singapore and a U.A.E.-based company, named as FAL, the newspaper said. The State Department said all three would be barred from receiving U.S. export licenses, export-import funding, and loans over $1 million from U.S. financial institutions, the FT said.

Zheng Mei, a director at Zuhai Zhenrong, denied the company had ever exported refined fuel to Iran, the newspaper added.

Oil News in Iran >>

Russia >>  3/14/2019 - LUKOIL has reached another milestone with ten million tonnes of oil supplied from its Vladimir Filanovsky field to the Caspian Pipeline Consortium (CP...
Venezuela >>  3/13/2019 - India’s Reliance Industries Ltd, operator of the world’s biggest refining complex, said it had halted supply of diluents to Venezuela’s national oil c...

Russia >>  3/11/2019 - Specialists of Rosneft United Research and Development Centre (part of the corporate R&D complex of Rosneft) together with LLC RN-Lubricants (a subsid...
Tunisia >>  3/11/2019 - Panoro Energy ASA is pleased to provide an update on lifting operations in Tunisia. The first cargo of approximately 151,000 barrels of Rhemoura blend...

Austria >>  3/6/2019 - Oil prices fell on Wednesday as bullish output forecasts by two big U.S. producers and a build in weekly U.S. crude stockpiles outweighed OPEC-led pro...
Austria >>  2/26/2019 - Oil prices rose after a report of declining crude inventories in the country and as producer club OPEC seemed to stick to its supply cuts despite pres...

Related Categories: Coal  Electricity  General  Natural Gas  Oil 

Related Articles: Coal  Electricity  General  Natural Gas  Oil 


Iran Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 |

More News

Related Links

AZ BD BN CN GE HK ID IN IR JP KR KZ MM MN MY PG PH PK RU SG TH TJ TM TW UA UZ VN
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.