Social and Events

The four-day exhibition is sponsored by the Iranian Ministry of Oil and its subsidiary the National Iranian Oil Company.

Several memorandums of understanding are expected to be signed on the sidelines of the exhibition.

The U.S. dollar leaped to its highest levels this year against a basket of currencies despite disappointing U.S. employment data for April.

Iran'.s overall non-oil exports. including condensates. stood at $46.9 billion in the last fiscal year — 6.6 percent more year-on-year.

Iraq exported 100 million barrels of oil in April. a daily rate of 3.3 million barrels.

Growth in Bahrain is being driven by a variety of strongly performing industries.

In 2012. Saudi Aramco production was locked down during the disk-wiping Shamoon incursion.

The export level dropped because of maintenance work carried out at loading terminals in early April.

Elsenhans was named by Forbes as one of the world’s most powerful women in 2008.

Saudi Aramco is the world’s top oil company.