Archive | June, 2012

Coat_of_arms_of_Iran.png

Iran Hunting for Dragons in the Caspian Sea

Iran announced this week that it’s made its first oil discovery in the Caspian Sea in more than 100 years. The semiofficial Fars News Agency reports the find, in ultradeep waters, may hold the equivalent of 7 percent of the country’s known national reserves. Iran has touted its ability to continue with domestic energy production, […]

Continue Reading