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Oil Projects in Lavan, Bandar Abbas Come on Stream

TEHRAN (FNA)- Iranian Oil Minister Gholam Hossein Nozari officially inaugurated three new units of the Lavan refinery on Sunday. A dual-purpose jetty, a sour gas sweetening unit, and an LNG recovery, refining and storage unit are the three mentioned projects which came on stream, MNA agency reported. Referring to the …

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MP: No Power Can Damage Islamic Republic System

TEHRAN (FNA)- Thanks God no power can deal a blow to the Islamic Republic of Iran, a lawmaker said. Chairman of Parliament National Security and Foreign Policy Commission, Alaeddin Boroujerdi made the remarks in his address to a ceremony to commemorate the 30th anniversary of victory of the Islamic Revolution …

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US, UK Oil Workers Strikes Boost Prices

TEHRAN (FNA)- Oil prices rallied to near $42 a barrel over threats of wildcat strikes by refinery workers on both sides of the Atlantic. US sweet crude for March delivery jumped 22 cents to $41.90 a barrel while London Brent crude increased 42 cents to $46.30. Dealers say a possible …

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World Bank Demolished Albania Village

A World Bank project meant to safeguard Albania’s coastal zones was used to selectively demolish parts of a village in southern Albania and leave many families homeless, according to an internal report , which additionally notes allegations of corruption and efforts by World Bank officials to cover up the events …

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Serbia Wary Of Kosovo Force Role Abroad

Serbia is worried that Kosovo’s Security Forces (KSF) will not only be the starting point for a bigger armed force, but could participate in peacekeeping missions abroad before Serbia itself does, said Serbia’s Defense Minister Dragan Sutanovac. Last week Kosovo inaugurated a NATO-sponsored security force that is an army in …

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Iraq holds peaceful election, Obama, U.N. applaud

BAGHDAD  – Iraqis held their most peaceful election since the fall of Saddam Hussein on Saturday, voting for provincial councils without a single major attack in a poll that demonstrated the country’s dramatic security gains. U.S. President Barack Obama hailed the poll as an important step toward Iraqis taking responsibility …

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