Tag Archives | ABB

Iran-Related Oil Consultancy Accused of Corruption

By John Lee. An oil consultancy company founded by an exiled Iranian has been accused of widespread bribery and corruption in the oil industry, including in Iraq and Libya. An investigation by Fairfax Media — publisher of The Age and The Sydney Morning Herald newspapers — and The Huffington Post, claims that Monaco-based Unaoil channelled huge bribes to government […]

Big Swedish Firms eye Iranian Market

By John Lee. Major Swedish enterprises are reported to be preparing to invest in the Iranian economy as soon as the sanctions against the country are lifted. Hans-Aake Danielsson, a spokesman for Scania, told Bloomberg: “We are ready … If and when it takes off, Iran can be a significant market for Scania.” Ericsson spokeswoman […]