Tag Archives: Economic development

The Caspian region is one of the oldest oil-producing areas in the world and is an increasingly important source of global energy production.

Uganda estimates overall crude reserves at 6.5 billion barrels. while recoverable reserves are seen at between 1.4billion and 1.7 billion barrels.

Sinopec will pay almost $1 billion for a 75 percent stake in Chevron Corp'.s South African assets and its subsidiary in Botswana .

Iran aims to attract $72 billion in foreign investment for 80 petrochemical projects.

The power plant will create more than 300 jobs in technical and engineering services.

New contracts with international oil majors will help create thousands of jobs and plough billions of dollars into the key petroleum industry. according to Reza Khayyamian. head of the Society of Iranian Petroleum Industries Equipment Manufacturers. If foreign companies come to Iran`s energy market and sign the (oil) deals. almost …

Water availability in the Middle East and North Africa region decreased by about 65 percent during the last 40 years.

Iran has pledged to increase the share of renewables in its power mix to 7.500 MW by 2030.

As a cleaner alternative to gasoline and diesel fuel. CNG reduces tailpipe emissions and fuel consumption.

Nouri plant was launched w in 2007 at a cost of $240 million.