Economic pressure on Saudi Arabia is set to intensify as the state spends at home and abroad.
Read More »Ford Moves Production of Focus Small Cars to China
Unlike many consumer products. few Chinese-made vehicles are sold in the United States.
Read More »Iraqi Oil Exports Fall to 5-Month-Low
Iraq has undertaken the second largest cut in oil output after Saudi Arabia among the participants of the OPEC deal signed last year in Vienna.
Read More »Iran. Azerbaijan Increase 75% of Non-Oil Exchanges
Over past years. 5.000 trucks transit goods between the two countries. now it reaches to 15.000.
Read More »Saudi Oil Giant Takes Stake in Irish Wastewater Start-Up OxyMem
OxyMem’s status in the clean energy sector has soared since Byrne. Prof Eoin Casey and Dr Eoin Syron founded it at UCD in 2013.
Read More »Qatar Tells U.S. It will Maintain Stability Around LNG Exports
Saudi-led sanctions imposed two weeks ago on Qatar. the world largest exporter of LNG.
Read More »Samsung to Develop Gas Carrier Design
The JDP aims to develop two 30K LNG carrier designs. one with membrane type LNG tanks and one with type-C LNG tanks.
Read More »Armenia Wants More Natural Gas Import from Iran
The two sides looked forward to building the third electricity transmission line as the grounds for gas trade multiplies.
Read More »Turkey to Build First Nuclear Plant
The plant is estimated to meet around 6-7% of Turkey'.s electricity demand.
Read More »Loss of Gas Storage Site Will Increase UK’s Reliance On Imports
Storage provides security and flexibility of supply.
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