Banking resources need to be directed towards effective projects which create jobs and lead to economic growth.
Read More »Saudi Arabia Likely to Cut May Crude Prices to Asia on Weak Demand
Saudi Aramco officials as a matter of policy do not comment on the kingdom'.s monthly OSPs.
Read More »Russia`s Gazprom. Iran`s NIOC Sign Memorandum on Gas Cooperation
President Rouhani is on an official visit to Moscow at the invitation by his Russian counterpart Vladimir Putin.
Read More »Iran. Russia Negotiate Joint Gas Projects
Iran and Russia have the ability to export gas and carry out gas storage projects.
Read More »Russia Remained the World’s Top Oil Producer in January
Analysts and experts are now mostly predicting that oil prices will remain below $60 this year.
Read More »Iran. Iraq to Lead Middle East Oil Growth
Iraq and Iran are the countries where oil production is expected to see the highest growth over the next decade.
Read More »Iran Starts Up South Pars Oil Layer
The South Pars Oil Layer is shared with Qatar. where it is known as Al Shaheen.
Read More »Iran Celebrates Oil Industry Nationalization
The nationalization of oil industry is celebrated ever since in Iran every year.
Read More »Final Version of New-Style Iran Oil Contracts Prepared
French oil and gas company Total held talks with Iranian officials about several projects in the country in 2016.
Read More »Huge Gas Discovery Off Egypt Sign of More
The discovery of a huge natural gas deposit in Egyptian waters has boosted hopes of other such finds in the eastern Mediterranean.
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