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OIL AND GAS
Iran slams Saudi Arabia over tanker attack allegations
by Staff Writers
Tehran (AFP) June 17, 2019

Iran hit back at Saudi Arabia on Monday over allegations Tehran was involved in tanker attacks in Gulf of Oman, saying Riyadh's "wrong policies" have caused current regional tensions.

The allegations were "a continuation of the wrong path taken in the past and an attempt to escape all problems that Saudi Arabia's wrong policies have brought upon the region," foreign ministry spokesman Abbas Mousavi wrote in a statement on his Telegram channel.

Mousavi said the kingdom lacked a "proper understanding of the region's dynamics" and followed "an approach based on militarism and causing crises and tension".

Saudi Crown Prince Mohammed bin Salman accused rival Iran on Saturday of being behind attacks last week on two oil tankers in the Sea of Oman, a vital shipping lane for global oil trade, echoing claims by US President Donald Trump.

Tehran has vehemently denied any involvement in the attacks and hinted that Washington itself could have done it to pile pressure on the Islamic republic on top of economic sanctions.


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OIL AND GAS
Norway forces sovereign wealth fund to go greener
Oslo (AFP) June 12, 2019
Norway's sovereign wealth fund, the world's largest at more than $1 trillion, is set to become greener by withdrawing further from fossil fuels, the Norwegian parliament decided on Wednesday. To comply with the new directive, the fund looks set to divest assets in mining giants working with coal, such as Glencore, BHP Billiton and Anglo American, and energy companies such as Germany's RWE and Italy's Enel. The proposal was originally put forward by the the country's right-wing government in Apr ... read more

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