Iran to be first regional refiner by 2012: official
zawya.com
17-Sep-2008 1 related
        

Iran will be turned into the biggest oil refiner in Persian Gulf by 2012, said director of the Refinery and Oil Products Distribution Company's refinery affairs. Aminollah Eskandari added in a press conference on Tuesday that currently Iran ranks first in making investment in refinery and ranks second in refinery after Saudi Arabia. Saudi's current refining capacity stands at 2,100,000 barrels a day while the... [read full story]                    

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freerepublic.com: This undated picture taken at an unknown location shows the Saudi oil supertanker MV Sirius Star, which has been hijacked by Somali pirates. freerepublic.com

World's ships held to ransom by pirates' growing greed

independent.co.uk
16 hrs ago 3,219 related
        

Even by the outlaw standards of Somalia, the mayhem being created by its pirates is extraordinary. This weekend, as negotiations reportedly continue over a $25m ransom demand for the return of a Saudi Arabian supertanker...

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