The government has announced big ambitions to transform the economy by diversifying away from oil.
Read More »Saudi Arabia Wants Higher Prices to Kick Oil Addiction
The government has announced big ambitions to transform the economy by diversifying away from oil.
Read More »Chinese Firms Win Iraq Refinery Project Contract
Iraq is OPEC'.s second-largest oil producer. after Saudi Arabia.
Read More »Innovation Help Qatar Firms to Overcome Blockade
Annual Qatarization certificates were given to Qatar Steel for its efforts in supporting and communicating with the education sector.
Read More »Qatar Takes a 19 Percent Stake in Rosneft
Rosneft was hit hard by U.S. sanctions on Russia over Moscow’s annexation of Crimea and incursion in east Ukraine.
Read More »SOCAR Plans New Petrochemical Investment in Turkish Aliağa
The final investment decision for the realization of this giant investment. which will exceed $3 billion. will be made in 2019.
Read More »India’s Oil Production Fell for the 6th Straight Year in 2017-2018
Domestic natural gas production in 2017-2018 grew by 2.35 % to 32.64 bcm as compared to the year ago period.
Read More »Rosneft Considers China Still a Key Market after End of CEFC Deal
Rosneft continues to consider China a key market.
Read More »Iraq Signs BP Deal for Kirkuk Oilfield Development
Iraq exported 100 million barrels of oil in April. a daily rate of 3.3 million barrels.
Read More »IMF Warns Arab States over Complacency over Debt
MENA countries need to create 25 million new jobs over the next five years.
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