Iran Announces 2 Billion Barrel Shale Oil Find

 

The western province of Lorestan will be getting new attention from the Iranian oil ministry following the discovery of major shale oil reserves in the region, according to new reports emerging from the area.

The resources, found in the Ghali Koh field, totaled two billion barrels, Bahman Soleimani, the National Iranian Oil Company’s Soleimani said on Monday, citing a recent study. “The oil is light,” he described.

Other research on the area’s shale gas reserves will be completed by October 2017, the official added. Continue reading

Iran: ‘Knowledge and Capability to Build the Atomic Bomb is Necessary’

Mahdi Taeb, a prominent mullah and political figure tied to the country’s hardline regime, said in recent comments that Iran must obtain the knowledge and technology necessary to build a nuclear weapon in order to boost the Islamic Republic’s global standing.

“The Islamic Republic’s centrifuges are, in reality, getting power for this divine government,” said Taeb, whose brother, Hossein, heads the Iranian Revolutionary Guard Corps intelligence branch. Continue reading

Iran says nuclear deal “impossible” by Monday’s deadline: report

Iran says it will not be possible by Monday’s deadline to reach a comprehensive deal with world powers aimed at resolving the stand-off over Tehran’s nuclear ambitions, the Iranian Students News Agency ISNA reported on Sunday.

“Considering the short time left until the deadline and number of issues that needed to be discussed and resolved, it is impossible to reach a final and comprehensive deal by November 24,” ISNA quoted an unnamed member of Iran’s negotiating team in Vienna as saying. Continue reading

New Iran agreement includes secret side deal, Tehran official says

The current US administration, as predicted, has conceded everything and received nothing in return. Restraining ‘nuclear ambitions’ by continuing to allow them further enrichment is not restraint in the least bit. In the end, whatever gives Israel the proverbial short end of the stick is what will prevail. DEBKAfile had previously reported secret negotiations were already in the making last year (October and November) and has since been vindicated. (Additional sources: Source 1, Source 2)

This is how the West is (going to be) lost.

WASHINGTON – Key elements of a new nuclear agreement between Iran and six world powers are contained in an informal, 30-page text not yet publicly acknowledged by Western officials, Iran’s chief negotiator said Monday.

Abbas Araqchi disclosed the existence of the document in a Persian-language interview with the semiofficial Iranian Students News Agency.

The new agreement, announced over the weekend, sets out a timetable for how Iran and the six nations, led by the United States, will implement a deal reached in November that is aimed at restraining Iran’s nuclear ambitions. Continue reading

Iran warns Turkey not to deploy Patriot missiles

“The installation of such systems in the region has negative effects and will intensify problems in the region,” Iranian parliament speaker Ali Larijani said on returning from a trip to Syria, Lebanon and Turkey on Saturday evening, according to Iranian state news agency IRNA.

Ramin Mehmanparast, Iran’s foreign ministry spokesman, told the Iranian Students’ News Agency (ISNA) on Sunday that deploying the Patriot system “will not only not help solve the situation in Syria, it will actually make the situation more difficult and complicated as well”. Continue reading