Shell Will be Affected by Iran Oil Sanctions—Chief Executive Royal Dutch Shell needs some time to study details of EU sanctions on Iran oil which are likely to push oil prices higher, Reuters quoted chief executive Peter Voser as saying on Friday

Iran Oil Sanctions Will Speed European Refineries Closure The European Union’s sanctions on Iranian oil threaten to accelerate refinery closures in Europe, the head of Italy’s refiners’ lobby said

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Azerbaijan's Shah Deniz to Stay Exempt from Iran Sanctions—BP British Petroleum believes Azerbaijan's Shah Deniz natural-gas field will remain exempted from U.S. and European Union sanctions on Iran, according to a report by Bloomberg

Pakistan Resolved to Move Ahead on Iran Gas Pipeline Project Islamabad officials underscored once again that Pakistan is resolved to expedite its gas pipeline project with Iran despite the US pressures and warnings

Development of SP’s Remaining Phases at Halfway Concurrent development of remaining phases of the South Pars gas field has progressed by 50 percent, Managing director of the National Iranian Oil Company (NIOC), Ahmad Qalebani said

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Iran’s petrochemical exports hit $11 billion over 9 months Iran exported some $11 billion worth of petrochemical products in the first nine months of the current calendar year which ended on November 21, 2011, the National Petrochemical Company (NPC) managing director said

NPC Starts Talks on Investment in Chabaher Region NPC has entered talks with investors for investment in Chabahar region south east of Iran on the shore of the Oman Sea which is slated to be changed into the third petrochemical hub of the country

Petrochemical Sector Eyeing Catalytic Revolution Strengthening links among consumers, local manufacturers and researchers will lead to a revolution in production of catalysts in the country in less than two years, NPC’s managing director Abdolhosain Bayat said

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Sri Lanka Supports Iran Nuclear Program Defying Sanctions Sri Lanka's Minister of Power and Energy Champika Ranawaka bitterly criticized the West sanctions on Iran saying that the Islamic Republic has right to develop its peaceful nuclear program

Pentagon Not Strong Enough to Stop Iran Nuclear Program—Washington U.S. bombs are not strong enough to destroy Iran's nuclear facilities, Wall Street Journal reported quoting Pentagon officials

IAEA team due in Iran for cooperation A high-ranking delegation of the International Atomic Energy Agency (IAEA) is scheduled to begin a three-day trip to Iran in line with cooperation between the two sides

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Belarusian Banks Not Follow US Sanctions on Iran Belarusian Trade Capital Bank said it will not stop operating after the U.S. designated it as providing financial services to the Export Development Bank of Iran amid sanctions against the Islamic Republic, according to a report by Bloomberg

Iran Starts Single Exchange Rate Today The Islamic Republic of Iran is to enforce a single exchange rate today, the central bank governor said

US Senate to vote on new Iran sanctions The US Senate Banking Committee is set to vote on legislation which calls for more economic sanctions on the Islamic Republic of Iran over its nuclear activities

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15th Abu Dhabi International Petroleum Exhibition-ADIPEC 11 - 14 November - 2012

2nd Basra Oil & Gas 6-9 December -2012

The 11th Georgian International Oil, Gas Showcase 28-29 March 2012

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