OPEC realized the importance of working with Russia two decades ago. but the Russians did not understand the importance of working with OPEC until lately.
Read More »Saudis Pay the Price for OPEC Leadership
The OPEC leader has lost ground to rivals selling in some of its key Asian export markets. most particularly China and India.
Read More »Saudi Arabia Produces 44% of GCC’s Natural Gas
Saudi Arabia’s fertilizer products portfolio consists of ammonia (26 percent). urea (28 percent). and diammonium phosphate (DAP) MAP (22 percent).
Read More »Oil-Rich Kirkuk a Flash Point Ahead of Referendum in Iraq
Kirkuk is not one of the three provinces that have been part of the autonomous Kurdish region in Iraq since 2003.
Read More »Russia Digs into Iraqi-Kurdistan with Huge Gas Pipeline
The pipeline will export 30 billion cubic metres of gas every year with the gas ready for the domestic market next year and for export in 2019.
Read More »Al-Falih Reiterates Closer Ties with China in Jeddah Investment Forum
A follow-up meeting will be held to explore cooperation in several different sectors. They include. industry. logistics. housing and financial services.
Read More »Saudi Arabia. Iraq Discuss Economic Opportunities in Jeddah Meeting
Al-Falih told Arab News that they discussed Iraq’s huge mineral reserves. which have yet to be explored or invested in.
Read More »Qatar to Purchase 7 Italian Navy Ships in $6bn Defense Deal Amid Gulf Crisis
Last June. Italy'.s state-run shipbuilding corporation Fincantieri announced a 4-billion-euro contract to deliver some vessels for Qatari Navy.
Read More »India to Add More Petrochemical Capacity
State refiners have a 230 million tone-a-year refining capacity and a petrochemical production capacity of 915 million tone-a-year. which are being expanded.
Read More »UAE Replaces Qatar Oil with US
Qatar recently signed a deal with the US aiming to combat support and funding of terrorism.
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